An Italian millionaire who relocated to London to grow his business has made a shock exit after only six weeks, blaming a 'constant fear of being mugged' and exorbitant prices for his premature departure.
From High Hopes to Hasty Exit
Eduardo Biasi, a 26-year-old entrepreneur also known as Eddy, arrived in the UK capital in early 2024 with ambitious plans to establish his digital investment platform. The Milan native had intended to stay for six months, with an eye towards making the move permanent.
However, his vision of a thriving business hub was quickly shattered. 'London was horrible - the crime rate was not just scary, it was unbelievable,' Biasi stated. He reported a pervasive sense of danger, fuelled by frequently witnessing thieves on bicycles snatching mobile phones from pedestrians.
'I couldn't go outside without worrying if someone would rob or attack me,' he explained. 'Even if you don't wear expensive watches or drive a nice car like me, you don't feel safe walking around the street.'
The Financial Shock of Life in the Capital
Beyond the security concerns, Biasi was stunned by the sky-high cost of living. His admiration for the city's Italian food scene was cut short by a stark reality check. 'When I saw a £60 bill for a simple plate of pasta, I nearly spat my drink out,' he recalled.
He attributed the steep prices to a combination of inherent London costs and the impact of Brexit, suggesting that 'everything's skyrocketed.' Despite initially enjoying London's potential for content creation and valuable broker contacts, the dual pressures of safety fears and financial strain proved too much.
A New Beginning in Dubai
After his brief and disappointing stint, Biasi swiftly moved to the tax haven of Dubai. There, he has rented a luxurious four-bedroom penthouse on the 59th floor of one of the city's most iconic towers.
He now describes a life that is 'dynamic' and free from the anxieties he experienced in Britain. 'I go out for dinner, play tennis, hit the gym - but there's always something happening,' he said, praising the constant events, networking, and parties.
The contrast between his two experiences is stark. Biasi concluded, 'I left London scared of being robbed - now I wake up every day in Dubai feeling unstoppable. That's the real reward for taking risks.' His abrupt departure serves as a pointed critique of 'the state of Britain', a country he once admired but now views as crime-riddled.
