Important factors to consider in residence planning
The UK is one of the most attractive places in the world to live and do business in.
London is a leading global city and, alongside New York, one the world’s most influential financial centers. It is a cosmopolitan city and caters for every taste and culture. London is home to the corporate headquarters of numerous multi-national corporations, financial institutions, professional firms, and other major organizations. The time zone falls between the USA and Asia and the nation is, therefore, an ideal location in the globalized business world.
The UK is internationally renowned for having a stable democratic government. It has a respected system of law that has been adopted by many countries across the globe including Australia, Canada, India, Malaysia, New Zealand, and the USA. London has its own elected mayor and assembly that deal exclusively with improving the city.
In this time of increased globalization, the UK is one of the best locations for travel and mobility. London has high-speed rail links to Brussels, Paris, and onwards to the rest of Europe, as well as mainline links to the rest of the UK. London is the busiest airport city in the world, boasting five international airports: Heathrow, Gatwick, London City, Luton, and Stansted.
The UK is home to some of the best educational institutions, from pre-school to university.
Leading global universities such as Imperial College, King’s College, London Business School, London School of Economics, and University College London all have an excellent international reputation and are based in London. These institutions of academic excellence attract students from across the world. Henley & Partners, in collaboration with one of the leading education consultants in the UK, can assist our clients to find the best schools for their children.
The registration of land title in the UK is established and land title is guaranteed. When one purchases a property in the UK, the conveyancing is done by solicitors who are regulated by the Solicitors Regulation Authority. Funds used to acquire properties are held in designated and separate client accounts of nominated solicitors of the Royal Institution of Chartered Surveyors. Accredited surveyors are used to value and survey all properties prior to exchange of contracts. Property in the UK can be held as freehold or leasehold.
The UK is well known for its National Health Service, which provides excellent free health care. However, it is also recommended to take out personal health insurance with a reputable company to cover costs of private medical care. The UK boasts some of the best medical care facilities in the world.