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.