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Everything you need to know about citizenship and residence programs around the globe.
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A decision to relocate to another country permanently is not taken overnight; people take time pondering about changing their life so drastically. And you would need that time to get ready for the move. Say you have chosen Great Britain as your new home – if you come unprepared, you will struggle with understanding and getting used to a new way of life, laws, mentality, etc.
Do you want to save yourself this stress, time and money? Read this article where we explain how to move to the United Kingdom, what problems and hardships you might encounter and how to prepare yourself for them to minimise losses.
You can only come to live in Great Britain for a long time if you obtain a long-term visa. It is valid for a few years (depends on a visa type) and in most cases can be extended.
With a few lucky exceptions, a visa to the UK will limit you in what you can do in the country. But as an old saying goes, in for a penny, in for a pound. For example, if you come to the UK to run a start-up, you will have to do exactly that and develop your business in order to be able to switch to an Innovator visa later. If you come to study, there is no way you can quit and start working full-time.
Those on a spouse visa, including same-sex partners, are one of the lucky exceptions. They can study or work in the UK, though for the British government they will remain partners of UK residents. The most flexible visa is an Investor visa; it offers almost limitless opportunities for investors who can do anything in the UK because they have invested a lot of money in the economy. They do not even have to speak English.
A foreign investor must have access to legally sourced £2,000,000. This is the minimum required amount. If you struggle to explain to the British authorities where the funds come from, that sum must be held on your bank account for at least 2 years before you submit your visa application.
Almost all long-term visas allow to bring family members with you. However, only on one condition – you must have enough money to support yourself and dependants without applying for social benefits.
You can only apply for an indefinite leave to remain (ILR), otherwise called settlement, if you have spent in the UK a significant part of the duration of your visa. It means that in any 12-month period, you must not spend more than 180 days outside the UK. Unfortunately, not all visa categories are a route to settlement. Study visas and a Start-up visa are good examples of such visas.
In the United Kingdom, any income received in the country is taxed. But please remember that the fact of moving to the British Isles does not automatically make you tax resident. To become one, you must spend here some time and/or have ties with the UK. You can check your tax status in the UK very quickly with our user-friendly UK Tax Residence Test that will take only 5 minutes of you time.
UK laws say that any money earned by you before you become UK tax resident, is considered clean capital and is not taxed. However, it only includes monetary funds on your bank account(s). What does it mean for?
We recommend doing it in advance, preferably before you move to Great Britain, because UK tax residents must declare all their income and pay taxes on each penny received. To avoid mistakes, talk to a tax adviser from a reputable firm with experience in dealing with such matters.
If laws of your country of origin allow dual nationality, it does not mean that you do not have to do anything after you receive your second or third passport. It is advisable to check the rules and regulations regarding notifying authorities of that country about change of circumstances. Some governments would penalise you for not telling them about your second citizenship.
Another thing to remember is that, dual nationals are usually not allowed to take or be elected for government posts.
Once your visa is stamped, your finances are in order, it is time to sort out logistics and admin issues.
Depends on your budget and needs, but there would be two options,
Real estate in the UK is not cheap, but it does not mean it is not affordable. Banks offer low mortgage rates that would work for people with average income.
There is no property tax, but upon purchase you will pay a stamp duty, valuation and legal fees. On top of that, there come maintenance fees including utilities, council tax and leasehold charges (if the ground does not belong to you). There are certain allowances applicable to a stamp duty for properties whose value does not exceed a fixed threshold.
It is normally a prerogative of younger generation that does not want to settle in one place or people that want to test the ground before buying in a chosen area.
Purchase and long-let deals cannot and should not be signed without a qualified legal support. It will protect you from any issues in the future.
The United Kingdom is world renowned for its educational institutions for any budget and needs. There are a lot of state and public schools. Graduates of UK higher educational establishments are in high demand anywhere in the world.
High level of education in Great Britain in general does not mean that it is same in every institution. If you want the bet for your kids, and you can afford it, enrol them in a more expensive public school.
British are proud of their higher education and accept no compromise. Even though you will be paying tuition fees, your children will have to study hard or else they will be expelled.
If you do not want to leave your pet behind with relatives, take care of all paperwork and vaccination well in advance, at least six months before relocating to the UK. For a long time, there was a strict quarantine for dogs and cats brought from the continent. Rules have been softened since then, but it still takes a lot preparation and planning. Here is a checklist of things you must do to bring your beloved pet with you to Great Britain.
Cats are easier to bring. If you have a parrot, have it vaccinated against bird flu. If you do not follow the rules, your pet may be quarantined for up to 4 months or put down.
It is more of an issue related to behaviourism psychology rather than jurisprudence. We have top tips for you from those who have been living in the UK for a while.
Qualified specialists from Imperial & Legal offer full-scale support for your relocation needs. We work with each client individually offering customised solutions, starting from visa application to property search and education options for your children, setting up a company and tax optimisation.
We will work with you to find a customised solution for your immigration, second citizenship, business, tax and other needs.
Visas to the UK
British citizenship by investment
Representative of an Overseas Business visa
Start a business in UK
Determine your tax status
Second passport by investment
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