Reasons for choosing to immigrate to Britain

# British immigrants # Introduction Britain is a country popular with immigrants. Britain is not only rich in welfare, but also famous universities such as Oxford, Cambridge and Imperial College, which is why many people immigrate to Britain. The following are the reasons for choosing to immigrate to the UK. Welcome to read!

The first reason for choosing to immigrate to Britain

1, there is "WorldCom", which may need to travel to and from different countries frequently due to frequent business activities. Holding a British passport to more than 70 countries and regions around the world, you can get visa-free treatment and live and study freely in the EU. It can be said that having a British passport is equivalent to having a "World Pass".

2. Britain has a high quality of life and a sound social security and welfare system.

The British government is very concerned about national health and spends a lot of money on social security and the safety and stability of national life. British nationals and permanent residents can be said to have a sense of security and medical security.

Britain is one of the most developed countries in Europe, and it is also the financial center of the world.

The British capital market is very mature and developed, and the current exchange rate between RMB and British pound is also an investment opportunity.

4. Britain allows dual citizenship.

Britain allows dual citizenship, travels around the world with a British passport and can work and live freely in the EU (28 countries).

5. British social order is stable.

The average annual crime rate in Britain is low, people's lives are stable and orderly, and there is a complete and effective public security system in both commercial areas and residential areas. Good law and order, Britain is a country with a high degree of rule of law, respecting human rights and protecting private property.

6. Give children a happy childhood.

Western education attaches great importance to cultivating children's independent thinking ability, creativity and practical ability, and also attaches great importance to cultivating children's self-confidence and organizational leadership. Its educational method advocates entertaining and letting children grow up in joy.

7. Let children enjoy real free education.

British schools are world-famous, and children under 16 can enjoy free public school education and first-class pure English education.

Article 2 Taxation of British immigrants

I. Social insurance tax

The purpose is to provide funds for medical insurance, retirement and unemployment. Taxpayers are both employers and employees. For employees, the income below the prescribed lower limit and above the prescribed upper limit is not taxed, and the income within the upper limit and lower limit is levied at a graded progressive tax rate; For the employer, according to the total wages and salaries paid to employees, there is only a lower limit, no upper limit, and a progressive tax rate is also adopted. Employees and employers are divided into two situations: within and outside the national pension plan, and the applicable tax rates are different. Under the same circumstances, the tax rates of employers and employees are also different.

Second, value-added tax.

Value-added tax is levied on all goods and services provided by commercial activities carried out or promoted in the UK, as well as imported goods and specific services (excluding goods and services that are duty-free and non-taxable) entering the UK. Export commodities, food, books, construction, transportation, medicine and other commodities and services are subject to zero tax rate, while other commodities and services are subject to uniform standard tax rate. The tax base is the value of the goods (or services) provided, which is usually the total cash reward received by the goods (services) provider (if the reward is in kind, it is calculated according to its open market price).

Three. Customs duties and consumption tax

Tariffs are only levied on goods imported from countries outside Europe. Goods tax is levied on specific categories of domestic or imported goods (mainly oil, alcoholic beverages and tobacco), and the tax rates of various goods are different.

Fourth, stamp duty.

There are different tax rates for the collection of certificates involving asset transfer, property lease, share capital issuance and increase.

Article 3 the cost of buying a house by British immigrants

1) Mortgage expenditure: If you are not a local tyrant, of course you have a mortgage, then the monthly mortgage is an expenditure. Fortunately, this expense is fixed, and I knew it before buying a house.

2) Mortgage insurance: If the down payment is less than 20%, the bank will ask you to buy a mortgage default insurance first. You can choose to pay it in one lump sum or add it to the monthly payment later. Sometimes, to be on the safe side, the bank will ask you to buy a mortgage insurance, so as to ensure that the bank can also use this insurance to balance risks in the event of an emergency.

3) Housing inspection fee: generally, buying a second-hand house is a compliment, and spending money to buy a peace of mind is about 300-600 dollars, depending on the housing inspection project.

4) transfer fees: 1% of the first 200,000 yuan of the house transaction price, plus 2% for the rest. For example, for a 430,000 house, the transfer tax is 200,000 x1%+230,000 x 2% = 6600 USD, which shall be borne by the buyer. It is also the buyer's tax item.

5) real estate assessment fee: The cost of evaluating the property value is about 200-400 yuan, unless the bank directly brings it into the mortgage plan, it is another fee.

6) Attorney's fee: The usual fee is not less than US$ 65,438 +0, 200 yuan RMB. If you only hire a notary, the cost is about 600-700 US dollars.

7) New house tax: 5% GST tax is required.

8) Survey map: The loan bank will ask the buyer for the land survey map. If it can't be provided, the buyer needs to ask an expert for investigation, and the cost is about 500 yuan to 1500 yuan.

9) Property right guarantee: The possible loss caused by the property right problem of guarantee is around 200 to 300 yuan.

10) property tax: after buying a house in Vancouver, you will enjoy permanent property rights but pay property tax every year. Generally issued in early July each year.

1 1) home insurance: including the house losses caused by natural disasters and accidents such as fire, flood and robbery. Maybe some apartments will be included in the property management fee, and in most cases they must be paid by themselves.

12) Property management fee: apartment buildings have this fixed fee, and the older the room, the higher the fee. There are also some apartment buildings, and even some maintenance fees need to be shared equally by the owners. Hundreds of things are small, afraid of tens of thousands or even tens of thousands. We should pay special attention to the old apartment building and whether it is time for overhaul.