Jim Ratcliffe’s move to Monaco became official in September 2020, when he formally changed his tax residence from Hampshire to Monaco.

Quick Scoop

  • Public reporting shows that plans for Jim Ratcliffe to move to Monaco were being discussed as early as 2018–2019.
  • The key formal step was in September 2020 , when his tax domicile/residence was officially updated to Monaco, a move widely covered in UK media.
  • Estimates in those reports suggested the change could save him around £4 billion in tax over time, which is why the move attracted so much attention.

In practical terms, you’ll often see it phrased as “Ratcliffe moved to Monaco in 2020,” because that is when the formal residence change was recorded, even though the idea and preparations were in motion a couple of years earlier.

Information gathered from public forums or data available on the internet and portrayed here.