Nassef Sawiris's Gulfstream G700 lands in Santorini the week of his Italian residency consolidation

Nassef Sawiris's Gulfstream G700, registered M-USIK, was tracked flying from Sphinx International Airport outside Cairo to Santorini International Airport on June 27, 2026, a journey of just over an hour.

If aboard, Nassef Sawiris would arrive in Santorini the same week the billionaire continues to consolidate his ties to Italy, where he has taken up residency under a flat-tax regime that charges €200,000 annually on foreign income, per a report from Shore Africa. The move follows the closure of his London family office in April 2026, after the UK abolished its non-dom tax status, prompting a broader flight of wealthy residents from the country.

The Santorini landing fits a pattern of Nassef Sawiris shifting his base from London to Abu Dhabi and Italy over the past two years. Recent flights show the aircraft moving between European hubs and the UAE, consistent with the billionaire's reorganized family office structure now anchored in Abu Dhabi and his personal residence in Italy.