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Report: London - The Most Magnetic City For Entrepreneurs
Source: www.expatfocus.com
London - The Most Magnetic City “The capital and financial hub of England has always been one of the most popular expat destinations in the world, but there is a lot more to this unique city than its attractions.”
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Source: www.expatfocus.com
Leading startups hub
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“Entrepreneurs and budding businesspeople from around the world head to the Big Smoke when in the process of establishing themselves. London has now also become one of the leading hubs for startups in Europe.”
Source: www.expatfocus.com
Support to digital entrepreneurs
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“Survey by the European Digital City Index suggested that London is the best city in the whole continent in terms of support to digital entrepreneurs, for startups as well as scale-ups.”
This Index comprises these 10 items:
- Access to Capital - Business Environment - Digital Infrastructure - Entrepreneurial Culture - Knowledge Spillovers - Lifestyle - Market - Mentoring and Managerial Assistance - Non-digital Infrastructure - Skills
Source: www.expatfocus.com
What makes London so attractive to businesspeople? “Some of the greatest British and international businesses were born in the Big Smoke and thrived from there. Almost 40,000 tech companies have their headquarters in London, which is why the capital of England has become a force to be reckoned with in the digital world.”
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Source: www.expatfocus.com
Why you should starting a company in London?
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Anyone interested in starting a company or
expanding to a new location should
seriously consider investing in London, primarily because:
- The country has one of the lowest corporation tax rates in all of the G20 - It is possible to get a firm registered within 48 hours - The labor of the UK force is quite impressive (2nd largest in Europe)
Source: www.expatfocus.com
Global Entrepreneur Program
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“The government encourages startups as well as entrepreneurs by offering various forms of support, like access to mentoring programs and funding by working with the private sector and relocate their business from overseas to the UK.”
Source: www.expatfocus.com
Entrepreneur Groups in the UK “Some of the most well-known startup mentors in London include: Entrepreneur First (EF), Y Combinator, Entrepreneurs in London, Seedcamp, Oxygen Accelerator, TechStars, Wayra, Collider, Emerge Education, Start Planet NI, Property Innovation (PI) Labs, and the London Entrepreneurial Exchange.”
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Source: www.expatfocus.com
Getting an Entrepreneur Visa
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“There are two ways in which a person can be eligible to apply for a Tier 1 (Entrepreneur) Visa. You need to have access to £ 50,000 or £ 200,000 investment funds.”
Source: www.expatfocus.com
Perception Ranking“In spite of being regarded as one of the most expensive cities in the world, London is highly popular with expats, including entrepreneurs who are interested in setting up new businesses.”
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ThankYou