Moving to London, Idan Ofer May Be in for a Heir-cut

Britain is tax-friendly to wealthy foreigners, like the controlling shareholder of The Israel Corp., but his descendants may get hit with the bill.

Idan Ofer isn’t the first Israeli with money to move his main residence to chilly London. Businessman Lev Leviev did it, as did no small number of other Jewish Israelis. There they enjoy good television, quality soccer and low tax rates.