HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Hong Kong Bill 2019-21 passed First Reading through the House of Commons of UK, it reveals that Hong Kong BN(O) passport holders might be granted the right of abode and even more if the bill passes eventually.
Hong Kong residents are buying more houses and apartments to lease out for income in Britain, and have became the fifth largest foreign investors in central London as of last August, driving up prices in some popular districts outside the UK capital.
Tourists from Hong Kong and mainland China have started a trend. As London becomes too costly, Manchester – beneficiary of “northshoring” – has emerged as an attractive destination.
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.
Below is the summary of measures announced by Chancellor Rishi Sunak in the Budget.