Why Do Foreign Investors Prefer the UK?
The UK has been a favorite of foreign investors for many years. Providing the most favorable conditions for investors, the country constantly improves the investment environment. So what makes Britain so suitable for investment and attracts foreign investors? In this article, we explained why the UK is one of the most suitable countries for foreign investment.
The UK has an economy open to international and technological developments. The market environment, which adapts itself to new ventures, causes many investors to prefer the UK. Especially the technology sector, whose growth rate is many times higher than the economic growth of the country, is of great importance for new ventures. The UK, which has the 8th largest economy globally, has approximately 70 million potential consumers.
With a corporate tax rate of 19%, the UK provides lower tax fees compared to member countries of the European Cooperation Organization. This rate, which also highlights the UK among the G20 countries, means an excellent opportunity for investors. Investors can also benefit from tax deductions in different ways here.
London: Financial Center
Being one of the most important economic centers of the world, London offers numerous opportunities not only for investors in the country but also for investors from abroad. Today, most of the currency trading and interest rate swaps take place in London.
Many of the best universities in the world are located in the UK. The innovative and qualified workforce that graduates from these universities providing quality education always keeps the market environment and the economy alive.
Tier 1 – Investor Visa
The UK is one of the countries that grant residence permit through investment. The Tier 1 Investor Visa is a type of visa that allows you and your family to obtain a residence permit and British citizenship in the UK with a large investment in the UK. Compared to visas in other European countries, Tier 1 is the type of visa with the most flexible conditions other than the amount of investment.