HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The United Kingdom has beaten the United States to become the most popular destination for overseas Chinese students, according to a recent survey.
The news comes amid an intense tariff war between Beijing and Washington.
More and more of Chinese pupils are turning away from American schools and universities due to concerns over their visas and job prospect across the Pacific Ocean.
The UK Home Secretary has asked that the UK should grant BN(O) passport holders and their family dependents in Hong Kong the right to enter and reside in the UK, with a pathway to settlement after 5 years and the right to apply for citizenship.
From May 2016 onward, there has been a relatively gentle and almost straight-line increase in house prices, despite the Brexit referendum in June 2016.
Chancellor Rishi Sunak has extended the stamp duty holiday in the Budget. Anyone buying a home worth up to £500,000 before the end of June will now not pay the tax, and could save up to £15,000, with a reduced discount available until the end of September.
Migrants coming to the UK will need to have a job paying at least £25,600, qualifications and speak English under a new points-based post-Brexit immigration system. Low-skilled immigration will be made impossible. EU migrants' chances of getting a work visa will be the same as from elsewhere.