Relocating to London

LONDON

Relocation & Recruitment Advice

With offices in the city of London and the Channel Islands we are in prime locations for recruitment in the UK so if you are looking for a new position, from a legal vacancy to a wealth management role please contact our experienced consultants who are on hand to help.

Overview

As the world’s leading financial and banking centre, culturally diverse and historically rich London has something for everyone. It is widely recognised as one of the world’s most “economically powerful” cities and comes only second to New York in its economic competitiveness (The Global City Competitive Index, The Economist, 2015).

There are numerous international organisations in London, and it has more banks than any other city in the world.  Its financial service sector employs an estimated 315,200 people within the city and broadly comprises of accountancy, banking, financial planning, insurance, investment, asset management, trading and stock broking. As the home of London Stock Exchange, Bank of England and other renowned financial institutions, London has enjoyed the reputation of being a key player in the Eurozone and has considerable influence worldwide. Apart from the traditional banking and finance activities, London is also a leading centre for foreign exchange and bond trading.

London’s legal industry is one of the oldest and most reputed. It is an integral part of the UK and supports other professional sectors.  With 43 world-renowned universities, London is also a major hub of higher education and research.

It is a vibrant, diverse and fascinating city, which displays an exemplary fusion of traditional and modern elements. The city’s artistic vigour and creative spirit can be witnessed in the historic galleries, museums, theatre and other iconic buildings. From royal attractions to magnificent churches and cathedrals, from stunning parks and riverside to castles and museums, London offers infinite attractions for tourists.

Why choose London

Apart from being one of the most happening cities in the world, London offers a wide variety of job opportunities. It is one of the world’s largest financial and banking centres, and arguably the powerhouse of UK and Europe. The city is known for its competitiveness, technological innovations, creative vigour and diverse opportunities.

It is one of the world’s leading centres for education, offering high standards of education across primary, secondary and university levels. Britain’s publicly funded healthcare system called the National Health Service (NHS) offers affordable, comprehensive and quality healthcare for all.

The city is well-connected with the rest of the UK, Europe and other parts of the world, with Heathrow airport being one of the busiest in the world. The London city airport due to its strategic location close to the twin financial districts - the city of London and Canary Warf, provides convenient transportation facility for business travellers. Additionally, London’s massive network of tube and Overground makes commutation within the city faster and cheaper.

London offers a glamorous and exciting lifestyle, with exclusive clubs, posh sporting events such as Ascot polo club matches, cricketing spectacle at Lord’s - the “Home of Cricket” and chain of Michelin starred restaurants. It provides excellent professional networking opportunities, with plenty of high-profile social and corporate events happening across the city. With a diverse range of clubs, pubs, bars and top-end restaurants, the city displays the most vibrant and exciting social scenes.

Another advantage of being in London is the access to the some of most exclusive and luxurious brands. There are trendy boutiques, unique labels and prestigious retail brands.

Besides, the booming housing market in London has an eclectic mix of Victorian and modern properties, with a variety of investment options available.  

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Requirements to set up a company

The regulations for setting up a business vary according to the type and structure of the company. Therefore, it is important to decide beforehand whether you want to start a business as a sole trader, as part of a group or as a limited company.  If you are a sole trader or have a partnership, you have to first acquire a business licence from the Jersey Regulation of Undertakings office. This licence is issued after the application is reviewed by three departments: Jersey Financial Services Commission, Social Security Department and Taxes Office. The Limited liability companies are the most popular business structure, however, prior consultation should be made to understand whether incorporating this would be the appropriate step for your business.

For detail information, click here:

Setting up a Business  

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Requirements for employees wishing to relocate

Citizens of the United Kingdom, Switzerland and European Economic Area (EEA) countries have the legal right to work in London. Employers need a licence to bring workers outside the European Union. Broadly, there are two types of licences: Tier 2 and Tier 5 Tier 2 visa is for skilled workers with long-term job offers. This includes general skilled roles, intra-company transfers, people coming to work for religious organisations and elite sportspeople. Tier 5 is for the employment of skilled workers on a temporary basis. This includes creative and sporting professionals, charity workers, Government Authorised Exchange involving work experience, research projects and training and job posting under international agreements. For more information, please click here UK Work Visa.

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