Tier 1 (General) Highly Skilled UK (HSMP) of the UK is probably the best Immigration Scheme open to Highly Skilled and Experienced Professionals, Executives & Managers, presently available from any of the developed countries. HSMP leads to Permanent Resident status for the United Kingdom in just four years. Click here for more details...

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THE UK ECONOMY AT A GLANCE
UK - A MAJOR ECONOMY

As a member of the European Union the UK is part of the world's largest trading entity, with more than 370 million consumers.
However, the UK is also a major market and economy in itself due to the fact that it:
  • has a population of 58.8 million (Census 2001);
  • has the lowest barriers to inward foreign direct investment the industrialised world (Organisation for Economic Co-operation and Development - June 2003)
  • is the second largest recipient of foreign direct investment ('FDI') in the world (UNCTAD, September 2003) and is forecast to maintain this position until at least 2006 (EIU);
  • is the largest recipient of FDI compared to its major competitors (in relation to the size of its economy);
  • UK is the 4th largest trading nation, accounting for 5% of world trade in goods and services (World Trade Organisation - 2002
  • has low unemployment, with rates below the EU average;
  • is one of the most attractive and profitable locations in Europe for investors thanks to its historically low tax environment;
  • has the best city (London) in which to do business (Healey & Baker's European Cities Monitor, October 2003).

These details are taken from UK Trade & Investment Information Sheet which you view or download by clicking here. Or, you can visit www.uktradeinvest.gov.uk for more details.

Another web site provides the Economic Benefits offered by the UK as follows:

The United Kingdom is the most favoured inward investment location in Europe, attracting around 40 per cent of Japanese, US and Asian investment into the EU. The reasons for its popularity are many as it has a great deal to offer overseas companies. Fast, easy access to the EU single market (the world's largest market with 380 million consumers), a highly skilled, flexible, English-speaking workforce, and an environment which allows business to prosper.

Companies based in the UK are well-placed to do business in the global marketplace. Britain's integrated transport network provides fast, low-cost delivery throughout Europe. The UK's comprehensive and toll-free motorway and road network links all industrial centres to air and seaports, and every location in the UK is within 100 miles of a container port. The Channel Tunnel links the UK by road and rail to the rest of Europe, and both Paris and Brussels are just three hours' journey from London by rail.

The UK has 28 million skilled and adaptable workers, and high standards of education with a strong emphasis on vocational education and training. Labour market regulations in the UK, including working hours, are the most flexible in Europe, and staffing costs are highly competitive. The UK has a strong science and technology base, with world class design, research and development disciplines. Many UK universities and scientific institutes are taking part in collaborative research projects with businesses.

Finally, the UK's business environment gives every incentive for companies to grow, innovate and compete in a global marketplace. It has the lowest utilities costs in the European Union, and a telecommunications industry that is one of the most advanced in the world. There are tax allowances available for companies setting up in certain areas of the UK. Plus, the UK has the lowest main corporation tax rate of any major industrialised country, and there are no additional local taxes on profits.

* We acknowledge the copyright of the web sites carrying this information and we mention the source from where the details are obtained. However, if you feel we need to take written permission for including any of the details on this site, please inform us and we will take necessary action.

 
 
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What HSMP Members say...
How I wish such a site was available when I applied for HSMP and came to UK under HSMP! Till before two days of our departure for the UK, we were not sure about where we will go when we land and if there would be any one to receive us at the airport. It was really a time of a lot of stress for us. Fortunately for us some friends of friends helped us, but I am sure not all of us are so lucky and HSMP Services will be able to help those who need such support.   More...
 
 
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