Hey... Not to mention all of the US stocks and futures markets...!
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I'm thinking of getting out of pakistan.
- Thread starter dakoo
- Start date
Hey... Not to mention all of the US stocks and futures markets...!
Quote from CoolTraderDude:
I think your best bet is to go to Britain. More likely than not England is your best option... They have the best human rights record so you probably won't have to worry too much about racism or anything like that. They also have a well established financial sector that could provide you with lots of opportunities.
Unfortunately he is unlikely to get a residence visa, and definitely won't get a work permit. Even some EU citizens can't get work permits there.
Quote from Ghost of Cutten:
Unfortunately he is unlikely to get a residence visa, and definitely won't get a work permit. Even some EU citizens can't get work permits there.
Really...?
Why...? Are the Brits not as welcoming to people from their former colonies as they used to be...?
Besides... He's going to be coming in with 100K or so... so he isn't going to be a charity case.
Should probably look at setting up a business in England... That might get him in.
Quote from just21:
A generous welfare state cannot have unlimited immigration. Scrap the welfare state and then the work can be done by the people who are already there lessening the demand for immigrant labour.
Got nothing to do with it... This guy is a trader with 100k who wants to relocate in order to trade. He ain't moving there or anywhere for the welfare...! He might not even get citizenship... and move back to Pakistan if things improve.
Investors need £1m to enter uk. http://www.ukba.homeoffice.gov.uk/visas-immigration/working/tier1/investor/
Quote from just21:
Investors need £1m to enter uk. http://www.ukba.homeoffice.gov.uk/visas-immigration/working/tier1/investor/
Hey cool... Looked at that website... he can probably try to get in as a Tier 1 Entrepreneur...
http://www.ukba.homeoffice.gov.uk/visas-immigration/working/tier1/entrepreneur/
Looks like he just has to pay some fees...
http://www.ukba.homeoffice.gov.uk/sitecontent/newsfragments/62-t1-maintenance-changes
Section b: £50,000 funding
42. You must have access to £50,000 or more from:
(i) one or more registered venture capital firms regulated by the Financial Services Authority;
(ii) one or more UK entrepreneurial seed funding competitions which is listed as endorsed on
the UK Trade & Investment website; or
(iii) one or more UK Government Departments, and made available by the Department(s) for
the specific purpose of establishing or expanding a UK business.
http://www.ukba.homeoffice.gov.uk/sitecontent/applicationforms/pbs/tier1entrepreneurguidance1.pdf
Yeah... so I haven't read the entire document but putting 50K in GBP in an UK prop firm (or a financial institution, don't know if a trading account with a broker counts) sounds about good enough to get him in as a Tier 1 Entrepreneur...
Otherwise he would require 200K GBP to start his own business...
At least that's my understanding of it... so far.
Interesting inputs from all you guys. At this point I am no particular hurry but it's about keeping options open if things turn for the worse. I'm also looking at turkey right now. Anybody who buys an apartment there is eligible for a residence visa. Seemingly decent apartments for decent prices. there too. the climate is nice , law and order is good ... taxes are not too atrocious.
So at the moment the two most reasonable options for me seem turkey and dubai.
The thing i would have against dubai is that it is an artificial society. i wonder how much of a factor that would be.
Once again. Thanks guys.
So at the moment the two most reasonable options for me seem turkey and dubai.
The thing i would have against dubai is that it is an artificial society. i wonder how much of a factor that would be.
Once again. Thanks guys.
Quote from CoolTraderDude:
http://www.ukba.homeoffice.gov.uk/sitecontent/applicationforms/pbs/tier1entrepreneurguidance1.pdf
Yeah... so I haven't read the entire document but putting 50K in GBP in an UK prop firm (or a financial institution, don't know if a trading account with a broker counts) sounds about good enough to get him in as a Tier 1 Entrepreneur...
Otherwise he would require 200K GBP to start his own business...
At least that's my understanding of it... so far.
"Yeah... so I haven't read the entire document "
you are not qualified to give advice.