In an announcement that will be welcomed by the UK business community, the Department for International Trade has announced that a record number of investments were made by foreign firms in the UK in the year to April 2016.
- By Teni Shahiean of OTS Solicitors
As 2015 draws to a close, we have taken the liberty of evaluating employment law developments over the course of the year so you can see how they will affect your business, and the steps you may need to take to remain compliant with employment law regulations in 2016.
- By Dr. Lusine Navasardyan
In a recent article we referred to the United Kingdom’s commitment to attract top talent in a bid to continue to remain as one of the world’s top development and research hubs. Part of this strategy is the Exceptional talent visa that was introduced precisely for purposes of meeting the need of the UK businesses of drawing in outstanding minds into the country’s development and research programs.
One headline dominated the papers and news reports this month; the latest figures from the Office for National Statistics showed net migration - the difference between the number of people entering and the number of people exiting the UK, was 330,000 for the year ending March 2015. This figure is a 40 percent increase on net migration figures for the same period last year and the highest figure ever recorded.
What is the number one city in the world for high net worth inhabitants?
If you are worth $US30 million or more, the top city to buy property, educate your children and invest your wealth in 2015 is London, according to the Knight Frank Wealth Report 2015.
Ranked the second most economically powerful city in the world, London offers high net worth individual’s exceptional opportunities in investment opportunities, housing, private education, and cultural and leisure activities.
The Importance of Professional Advice
A Tier 1 (Entrepreneur) Visa offers the opportunity for successful entrepreneurs to develop a start-up business in the UK whilst enjoying the world-class housing, educational and lifestyle opportunities the country has to offer. Our team of highly experienced and qualified solicitors can assist you in applying for an Entrepreneur Visa and guide you through all the steps necessary for a stress-free move to the United Kingdom.
The United Kingdom has always been a favourite market for foreign investors, and conditions have never been more favourable for businesses and individuals to invest their wealth and expand their commercial opportunities.
In June 2015, the Office for National Statistics reported the UK economy grew faster than expected, growing by 0.4 per cent, compared to the 0.3 per cent initially estimated. For 2014 as a whole, economic growth was revised up to 3 percent from percent. That marked the fastest rate of economic growth since 2006.
In this section of our website we would like to introduce you to who we are, what this section of our website aims to provide, and how it will benefit you, your organisation, and the legal community as a whole.