Investment Archives - https://workpermitz.com/blog/category/investment/ Work Permitz - Best Visa & Immigration Consultants Fri, 07 Apr 2023 07:58:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://workpermitz.com/blog/wp-content/uploads/2022/11/cropped-Work-Permitz-logo-e1667893073820-32x32.png Investment Archives - https://workpermitz.com/blog/category/investment/ 32 32 How to Save Money on UK Skilled Worker Visa https://workpermitz.com/blog/how-to-save-money-on-uk-skilled-worker-visa/ https://workpermitz.com/blog/how-to-save-money-on-uk-skilled-worker-visa/#respond Fri, 07 Apr 2023 07:58:36 +0000 https://workpermitz.com/blog/?p=1287 There are a few ways to potentially save money on a UK skilled worker visa, including: It is worth noting that while you may be able to save money by…

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There are a few ways to potentially save money on a UK skilled worker visa, including:

  1. Research and compare fees: The cost of a UK skilled worker visa can vary depending on the type of visa you are applying for, your age, and the length of time that you will be staying in the UK. Research different types of visas to see which one is the most cost-effective for your situation, and compare fees from different providers to see if you can find a better deal.
  2. Gather all required documents: Before applying for a visa, make sure that you have all of the required documents. If your application is incomplete, you may have to pay additional fees to have it reviewed again.
  3. Avoid using expedited services: Some providers may offer expedited services for an additional fee. If you don’t need your visa processed quickly, you can avoid this fee by opting for regular processing.
  4. Avoid using unnecessary services: Some providers may offer extra services that you don’t need, such as translation services or assistance with the application process. If you can handle the application process on your own, you can avoid paying for these services.
  5. Use a Sponsor Company: If you are able to find a sponsor company, they will be covering the cost of the visa application, it is a good idea to check with the companies that you are interested in working with if they are able to sponsor a Tier 2 visa application
  6. Apply well in advance: Make sure you apply well in advance of your intended travel date, this will help you to avoid the last-minute rush and potentially lower fees associated with expedited processing.

It is worth noting that while you may be able to save money by following these tips, it is also important to make sure that you are submitting a complete and accurate visa application. It is always a good idea to check with UKVI and/or immigration solicitors if you have any doubt, this will help you to avoid any unnecessary expense or delay in the process.

Skilled Worker visa: When you can be paid less

In some cases, it may be possible to be paid less than the minimum salary requirement for a UK skilled worker visa if the job is on the Shortage Occupation List or if you are able to meet the requirements of the codes of practice for the specific occupation.

The Shortage Occupation List (SOL) is a list of occupations that are in shortage in the UK and have been identified as eligible for Tier 2 Visa by the UK government. If the role for which you have been offered a job is on the SOL, you may be able to be paid less than the minimum salary requirement for a Tier 2 visa. The SOL is updated regularly, so it is important to check the latest version of the list when you apply.

In addition, the job you are offered may also be eligible for a lower salary if it is on the codes of practice for specific occupation, these are occupation-specific salary levels, they are set by the UKVI and are lower than the general minimum salary threshold.

It is worth noting that the SOL and codes of practice are subject to change, and the minimum salary threshold can be lowered only if the employer is able to provide evidence that they are unable to recruit a suitable candidate at the standard rate.

It’s always a good idea to consult an immigration lawyer or your employer’s human resources department to make sure that your job qualifies for an exception to the minimum salary requirement for a UK skilled worker visa.

How much does it cost to sponsor a Skilled Worker in the UK?

The cost of sponsoring a skilled worker in the UK can vary depending on the type of visa they are applying for and the length of time they will be staying in the UK.

For a Tier 2 (General) visa, the UK employer will have to pay an Immigration Skills Charge (ISC) for each worker they sponsor. The ISC is currently £1,000 per year for small or charitable sponsors and £1,500 per year for other sponsors, this fee will apply for the length of the worker’s stay in the UK.

For a Tier 2 (Intra-company Transfer) visa, the employer will have to pay the Immigration Health Surcharge (IHS), which is a fee that allows the worker to access the UK’s National Health Service. The current fee is £624 per year per worker.

In addition to these fees, the employer may also incur additional costs associated with obtaining a Tier 2 sponsor licence and maintaining it. This can include the cost of legal advice and representation, as well as the cost of training and administration.

It’s worth noting that these figures are subject to change, so it’s always a good idea to check the most up-to-date information on the UKVI website and consult a UK immigration solicitor when you are applying to sponsor a skilled worker in the UK.

Additionally, sponsoring a skilled worker can have additional benefits to a company in terms of filling skills gaps or specialized roles, and it can be an investment in the long-term growth of the company.

How Can We Help You

With our end-to-end U.K. Skilled Worker visa assistance, you can make the most of this opportunity. Learn how to start your career in the United Kingdom by contacting us.

Get guided by the Work Permitz UK skilled worker visa consultants in Hyderabad in the most transparent way for all your visa needs!

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The 10 Most Affordable States In America https://workpermitz.com/blog/the-10-most-affordable-states-in-america/ https://workpermitz.com/blog/the-10-most-affordable-states-in-america/#respond Sat, 19 Nov 2022 15:39:08 +0000 https://workpermitz.com/blog/?p=890 Looking for the most affordable states to stay in America when you are traveling there? We have got you covered.  The USA is touted as the country of dreams. Every…

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Looking for the most affordable states to stay in America when you are traveling there? We have got you covered. 

The USA is touted as the country of dreams. Every year, lakhs of people move there. Some for travel or recreation while others for study or to add more dollars in their kitty. 

Though, “ the country of opportunities” is not as affordable as it seems. If you are among those people who want to move to the USA for work and have applied for the USA Work visa, one question you may ask is; which would be the most affordable state to live there?

To help you in finding the answer, we have compiled the ten most affordable states to live in America. 

Top 10 Most Affordable States In America

  1. Mississippi

Mississippi is the most affordable state located in the Southeastern region of America. The western boundary of the state is surrounded by the beautiful Mississippi river. This is the 32nd largest state of the 50 states of America. Most people come here for living because of the low living cost that it offers to the citizens. 

Why is it an affordable state?

  • It has the lowest average cost in the nation which is 33% below the national average.
  • It is considered the most affordable state because of the low housing cost expense.
  • According to different reports, it is known that the home costs around $140,000. 
  1. Kansas

Kansas is another state of America on our list. The state is surrounded by the Kansas River. In the early time, the Native American tribes came to reside there in the state because of its accessibility to the river. It is considered one of the most productive agricultural states and impacts the lives of the people who are living here.

Why is it an affordable state?

  • It comes to third place with the most affordable home cost of $176,000. 
  • Another good thing about residing in the state is its low unemployment rate. 
  • You will be able to find more job opportunities there without much hassle. 
  1. Alabama

The southereneastern state of USA, is home to some of the famous landmarks. The city is the birthplace of the Civil Right Monuments and is visited by people around the globe. Some people may also come here on a USA immigration visa for work or living purposes. 

Why is it an affordable state?

  • It has low home costs of around $170,000. 
  • The state has low transportation as well as healthcare costs which is one of the reasons behind the affordable state. 
  • The unemployment rate of the state is quite low and stands at 2.9%. 
  1. Oklahoma

Bordered by Texas on the South, Kansas on the North and New Mexico on the West, Oklahoma is a top destination for many in America. The state is well-known for its North American history and beautiful nature. 

Why is it an affordable state? 

  • The home cost in the state stood at 25.3% which is below the national average. 
  • The people who are residing here have an advantage over the low transportation costs.
  • Healthcare and groceries costs are very less. Groceries and healthcare costs at 5.5% which is below the national average.
  1. Georgia

The southerneastern state of the USA is well-known for its coastal beaches, mountains and farmlands. People come from the faraway lands to visit this state. Some also come here for the lucrative job opportunities that the state offers. 

Why is it an affordable state?

  • Georgia has a low home cost of 25.6% which is below the national average. 
  • This state has low utility costs which makes it one of the most affordable states. 
  • The transportation and other living costs are less for the citizens than in most states which you can consider for living. 
  1. Tennessee

The landlocked state in the USA stands tall as the heart of music, legendary museums, Music Hall of Fame and rich culture. The state is preferred highly by the people with good taste in music and history. 

Why is it an affordable state? 

  • It has a low median cost of $230,253. 
  • The state offers its citizens no tax on the wages that they have earned which is one of the good things for the citizens. 
  • The unemployment rate in the state is also low, so there are more chances for you to get a job there if you are going to shift. 
  1. Missouri

Missouri is surrounded by 8 states of America and is well-known for its strong agricultural history, iconic landmarks and native American tribe. The state is highly preferred by people who wish to move to the USA. 

Why is it an affordable state? 

  • It has a low home cost which stood at $194,226.
  • You will find the high minimum wage which is $11.15. 
  • This state has more opportunities available in different fields. 
  1. Iowa

Lowa is a state with natural beauty, attractive landmarks and better work culture.  The state is developing very much in the field of production and providing their citizens with a lot of advantages. 

Why is it an affordable state?

  • It is because of the low home cost which stood at 24% which is below the national average. 
  • Lowa has a high-ranked education system. 
  1. West Virginia

The Eastern US state is surrounded by the serenic beauty of mountains. The rolling mountains, valleys and hills make it a favorite destination among all the nature lovers. The state attracts visitors from around the globe because of its natural beauty. 

Why is it an affordable state?

  • The housing cost is lower and stood at 21.4% which is less than the national average. 
  • The state has access to all four seasons throughout the year which is great. 
  • The state has a good education system through which we can expect more employment opportunities. 
  • West Virginia has low healthcare costs which makes it another reason for an affordable state. 
  1. Indiana

 Indiana is the 17th most populous state mainly famed for its basketball love and the ever growing automotive opportunities. The state is a preferable one by the people who are looking for lucrative work opportunities. 

Why is it an affordable state?

  • Indiana is the state where the transportation cost and other expenses are very much less when compared to the other ones. 
  • The groceries that are available in Indiana are comparatively less than those in the other states which makes it a reason for affordable state. 
  • The single home that costs in the state is around $185,805. 

Conclusion

No matter, you are visiting the USA for a trip or have applied for a USA Job Visa, you can’t deny the fact that the country has something for everyone.  If you are thinking of living in the USA, the above mentioned list of USA affordable states would help you to establish a strong foot in the country.

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How To Calculate Your Costs Before You Immigrate To The UK https://workpermitz.com/blog/how-to-calculate-your-costs-before-you-immigrate-to-the-uk/ https://workpermitz.com/blog/how-to-calculate-your-costs-before-you-immigrate-to-the-uk/#respond Thu, 29 Sep 2022 06:13:09 +0000 http://workpermitz.com/blog/?p=389 While immigrating to an entirely different country, the major issue that arises is currency exchange. Pounds are the official currency of the UK, and their rate is more than 90…

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While immigrating to an entirely different country, the major issue that arises is currency exchange. Pounds are the official currency of the UK, and their rate is more than 90 INR. Thus, while you immigrate to the UK, all your transactions will be carried out in this currency. 

This is a major reason you cannot compare the cost of living in India with that of the UK. It is comparatively larger and must be precalculated to estimate the cost of living in the UK. 

While you apply for a UK Visa, you will be interrogated about the expected cost of your travel and how you are to manage them. Thus, it is important to consider all the things mentioned below and only fly to the UK. 

Mentioned below are all the major expenses you are liable to have as an immigrant to the UK. 

Be sure to consider them before you proceed with the UK visa process. 

Accommodation charges and their followed schemes

Although you apply for a UK work Visa, you are the sole decision maker of the type of accommodation you pick. As a bachelor or an individual migrant, you can opt for some affordable options available in the UK. Look for PGs and hostels around the various cities. Renting a studio apartment is also a good facility available in most of the cities in the UK. 

Roommate systems are particularly popular, and the expenses can be easily managed by sharing all the expenditures between two/three. With a Work Permit UK, you are expected to reside for 5 years in the country before applying for an ILR. Thus, to rent a house, you are expected to pay a deposit to the landlord. 

The lease lasts for around 11 months and after which it can be extended according to your needs. The rents depend on the area you live in, for instance, London should cost you around £ 300 to 600 for a one-room flat and Lancashire can cost you around £ 170 to 300 every month. 

1. Lifestyle is different

Considering the lifestyle of the UK, one can easily spot vast differences in aspects like food, culture, work, dressing and travel as compared to India. While you calculate your cost of living in the UK, remember the cost of all these aspects. 

Food prices depend on the quality and the type you purchase. They have a few fast-food options, but a complete meal can cost you more than £ 35. Groceries are considerably expensive and can cost you around £ 170 per month. Indian dishes are much more expensive. 

High street brands and clothing options are available in the UK. Offices usually expect their employees to dress and groom themselves in a certain manner. 

The tipping system is also different, and while they aren’t an integral part of the culture, you are expected to comply with the rules of the youth and pay nothing less than 10% to 15% at restaurants and bars and 10% for a cab ride. 

2. Value of money changes

change in money

While calculating your costs, remember that the value of money changes. It doesn’t necessarily mean that you multiply your expenses by 90. The prices of goods vary according to the value of prices, and thus, an individual must consider the expenditure of about 45000 per month according to Indian rupees in the UK. 

3. Technology and other expenses

With a work permit in England, you will also have to consider other costs like technology. Sim cards and internet services are provided at a certain amount. Furthermore, contact the landowner if you wish to avail Wifi services in your rooms. 

Other expenses also include the miscellaneous fees and expenditures you are bound to have. Consider them because they can cause a huge change in your overall expenditure. 

4. Modes of travel in the UK and their charges

The mode of travel you will consider in the UK will also affect your expenditure. There are various services available, like buses, subways, cabs, etc. You can avail of the universal travel pass to get access to all metro lines in the UK. As an immigrant, you are not allowed to drive and will have to opt for various public travel services available. 

5. UK Utility bills and house services

With a UK job visa, you will be required to reside in the country and avail a few services for the sake of convenience. Utility bills and house services are among these ancillary charges. When you rent a home, these services are considered in the deposit you pay. 

In the case of a house owner, you are liable to pay electricity and other utility bills. 

6. Medical charges

medical bill

Medical insurance is among the documents required for a UK visa. Besides this, you can avail of various medical services in the UK. Be sure to consider these costs in your overall expenditure. Medical insurance has to be renewed according to the time period provided. Be mindful of such ancillary fees while you plan to immigrate to the UK. 

7. Total expenditure to consider

The total of all the charges mentioned above might give you the required expense you must consider before flying to the UK. Other than this, there are some ancillary expenses you will take up in your home country itself, like the tickets, visa costs, medical check-ups and other ancillary costs. 

Seek Professional help today!

Migrating to an entirely new country is not a piece of cake. It requires a lot of pre-planning and calculations. Your expenditure must be of the utmost importance in such a case. Make sure you consider all the above-mentioned expenses before immigrating. Also, before you apply for a UK visa, make sure to contact a few professionals in the field of travel. What’s better than consulting work Permitz to help realize your UK dreams!

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Cost Of Living In The UK – 5 Expenses You Must Know About! https://workpermitz.com/blog/cost-of-living-in-the-uk-5-expenses-you-must-know-about/ https://workpermitz.com/blog/cost-of-living-in-the-uk-5-expenses-you-must-know-about/#respond Wed, 28 Sep 2022 13:05:27 +0000 http://workpermitz.com/blog/?p=383 Are you planning on moving to the UK and have applied for a UK Work Visa! Though, you are not sure how much are the living expenses there? Well you…

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Are you planning on moving to the UK and have applied for a UK Work Visa!

Though, you are not sure how much are the living expenses there? Well you are not the only one.

Most of the people planning to go and settle or study in the UK often face the same issue. Well, we got you covered! 

The cost of living in the UK is high, which makes it difficult to decide which area of the country you should live in before you apply for a UK visa type

The price varies from one city to another and so do the expenses. To help you understand the various expenses you might need to occur, we have prepared this informative article for you. 

This includes expenses such as rent, food, transportation, personal expenses, and medical expenses. 

The cost of living in the UK is generally high, so people must be aware of the expenses they must incur before travelling to the UK.

For example, students must plan their budgets in advance and make a list of all their expenses before moving there. The cost of living in London is higher than in other cities in the UK, so students must make a list of all their expenses before moving there.

People should take into account their cost of living while making their budgets and plans for studying in the UK if they wish to save money on food and accommodation. 

They can also plan their budget accordingly and plan their finances well by taking these factors into consideration:

  • The city where you are residing
  •  London has the highest cost of living in the United Kingdom
  • Housing options – choose between renting or buying a property depending on your financial status

Factors affecting the cost of living in UK

Here are some factors that affect the cost of living in the U.K.

1. Rent

The rent of your accommodation depends highly on where you decide to stay in the UK. This includes areas you wish to live in as well as the type of accommodation you are searching for. This varies whether you are looking for single sharing or double sharing, or whether you wish to stay in a hostel or a rented apartment.

It is always suggested to share your means of accommodation in order to minimise your expenses. Your monthly rental expenditure can range anywhere from £250 to £700 per month. 

Crop hand holding house near coins

People can choose from a range of accommodation options, from shared houses to student halls and flats. Renting an apartment or house can be expensive, but there are also other options, such as staying with friends or family members. The type of accommodation you choose will depend on your budget as well as your needs – some people prefer living in their own place while others enjoy sharing their home with strangers!

  • Location: Location matters when choosing where to live in the UK because it affects how much money students pay for rent each month and which local amenities they have access to (for example, shops). 

2. Different lifestyles and needs

The cost of living in the UK is not an exact science. It depends on your lifestyle and needs, so if you are a vegetarian or someone who doesn’t like to go out much, then you’ll have to spend more.

On top of that, there are other factors that affect the cost of living here as well. There are significant differences between regions across the country, leading to varying costs for food, entertainment, and leisure activities. 

For example, Londoners spend more on alcohol than people from other cities because they drink more often than residents elsewhere (the amount they drink depends on their age).

For example: If you have pets and take them for walks every day, then this will also add to your expenses because we need food for them too! We also pay more attention to their health needs than most people do – which means going to the vet can get expensive quickly!

Another important thing about British life is smoking cigarettes. This adds up quickly when combined with alcohol consumption – especially if both are consumed together often enough throughout each day/week/month etc.

3. Transportation

Transportation costs also vary depending upon where you wish to stay in UK. You can always opt for public transport as it is far more reasonable and convenient than other means. If you opt for a bus or a tram on a daily basis, going in for a bus pass will save you a couple more bucks. The standard bus fare prices are as follows: 

  • 7 days: £17.80
  • 1 month: £68.40
  • 1 year: £712

4. Personal Expenses

Along with all the necessary expenses which need to be incurred, one should also take into consideration personal expenses by them, such as entertainment, clothes, parties, etc. 

Financial stress concerned and frustrated woman holding bank cards

The UK provides a lot of entertainment opportunities, especially for youngsters. These include theatres, nightclubs, etc. To give you an overview of the price, here is a list of different entertainment activities along with their charges.

  • Movie ticket: £6 – £7
  • Theatre ticket: £7 onwards
  • Bowling: £6
  • Nightclub entry fee: £4 onwards
  • Museum entry fee: £0 – £2 max
  • Pint of beer: £2.80 – £3
  • Coke can: $0.65
  • Big Mac hamburger: £1.99 onwards

One of the other entertainment/ necessities for people going to the UK, or pretty much to any corner of the world, is clothes. The UK provides a never-ending variety of clothes and other accessories, both for men and women. This includes:

  • Shoes – £40 onwards
  • Tights – £4 onwards
  • Socks – £3.5 onwards
  • Jeans – £30 onwards 
  • Sweater – £25 onwards
  • T-shirt – £10 onwards

5. Healthcare

Last but not the least, one should not neglect the costs a person might need to incur for his or her healthcare. The healthcare system of the UK is one of the most technically advanced systems in the world. 

However, as far as the cost factor is concerned, healthcare in the UK can cost you from just a couple hundred pounds to thousands of pounds, depending on the degree of damage. A normal blood test can cost you anywhere between £88 to £265. Similarly, a biomarker health test can cost you £190 (for men) and £265 (for women).

In order to save a large chunk of money on your medical expenses, it is highly suggested to go to public hospitals instead of private ones. UK’s public hospitals are well versed and technologically advanced, just as the private ones. In fact, the UK spent close to £255 billion on its healthcare system. 

When you are planning to study in the UK, it is important that you keep these factors in mind. The cost of living in the UK is a big factor when it comes to studying and living here. 

By taking these into consideration, students can plan their budgets accordingly and plan their finances well! 

Consult a professional today!

To plan your finances for a successful life in the UK, it is better to consult UK Work Permitz’s professionals as they give the right advice for you to survive in the UK without any problems. These professionals also help in your visa application. Using the services of these professional consultants will smoothen the UK Visa Process!

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How Much Money Will You Need Per Month For Living Expenses In The UK? https://workpermitz.com/blog/how-much-money-will-you-need-per-month-for-living-expenses-in-the-uk/ https://workpermitz.com/blog/how-much-money-will-you-need-per-month-for-living-expenses-in-the-uk/#respond Tue, 27 Sep 2022 06:41:09 +0000 http://workpermitz.com/blog/?p=365 Have you ever thought about the living expenses that accompany such a drastic change of location? Migrating to a foreign nation and setting up a life there is an expensive…

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Have you ever thought about the living expenses that accompany such a drastic change of location? Migrating to a foreign nation and setting up a life there is an expensive affair, no matter how much you try to save. 

But with the right guide, you can plan out your expenses better to avoid overspending and underestimating your expenses.

If you consult a UK visa agency, you will get all the important details about the application, along with how to deal with expenses. 

Before understanding how a visa agency helps with expenses, it is necessary to get a hold of the living expenses of an international student in the UK.

This would be essential to know as it would help you in getting UK Work Permit Visa with ease

Overall expenditure for students in the UK

According to several reports, they estimated the living costs in the UK for a foreign student to be somewhere around 12,000 pounds per year. This value can vary depending on several factors as: 

  • Place of stay
  • General lifestyle of the student 
  • Basic expenses
  • Food and other utilities used 

All these factors have a significant impact on the expenses of a student. Likewise, the overall expense for these factors may be calculated as the average cost per month. 

  • Accommodation- £600 to £700
  • Food & drinks, groceries- £100 to £200
  • Transportation- £50
  • Utility bills- £50
  • Entertainment bills- £40 to £50
  • Other expenses- £300 to £400

All these costs are just rough estimates to give you an idea of the average cost of living. 

Apart from these costs, the process of entry into the UK has extra charges like visa and immigration expenses. These may sum up to £1334 per month for at least 9 months. This cost can vary inside and outside London. 

To give a better idea about living expenses, you will need to know about each factor. Consult a UK visa agency to get a better hold of this information.

Accommodation 

Place of stay for an immigrant has a tremendous impact on their monthly expenses. Since most of them will be renting out places, it would reflect in their rent. People usually attribute a major part of the living expenses to the place of stay. Students get accommodation in campus hostels. But not everyone opts for those. 

real estate and property concept

Options for stays in the UK include homestays, shared houses, dormitories, campus hostels, and private apartments. Residence halls at university are one of the most common accommodations opted for by international students. All these options vary in their rent. 

The average rent per month for each of these is:

  • Campus residence: £400 to £600
  • Private apartment: up to£1000
  • Homestays: £10 to £60 per night 

These prices are subject to vary depending on the city you live in. For instance, living expenses in London can add up to £1200 to £1300, while the expenses in other cities like Brighton can be somewhere between £800 to £1000. Oxford and Edinburg are other less expensive options that fall within the range of £1000 per month.

Food, drinks, and groceries

These values vary with the type of food the person prefers, where he/she eats from, etc. People who cook their food will have a much lower cost per month compared to people who eat out every day. Indian students often choose Indian grocery stores and get all the required ingredients to cook their meals. This is a useful way to cut costs. 

Talk to experts to know more about affordable food options and restaurants preferred by other Indian students to get an idea about it right from the beginning.

Transportation 

The cost of commuting is an expense that most people might not anticipate. The cost of living in the UK is quite large. But when you stay far from your university, transportation becomes a daily need. This can increase your monthly expenses. 

The cost of the train is approximately £12. Buses are much cheaper as they cost £1 to £2. Taxi fares become a lot more, up to £90. There are tubes and cycles also available, which are affordable options. 

Considering the ticket’s fare charges, it is better to choose a place of stay that is close to your university or workplace. For an Indian student, talking to expert consultants at a visa application centre would be better to understand the travel costs and how to handle them.

Utility bills

woman working through paperwork

This is another unavoidable expense for every individual. Bills such as electricity, water, internet connection, mobile recharges, etc will be included in this. Gas, water, and electricity bills may add up to £40 to £50 per month. Insurance, if you have any, would also cost around the same. If you have a TV license in your place of stay, it will cost about £12. These are the costs a person should bear when living in the UK. 

UK work visa consultants in Hyderabad will guide you every step of the way and make the aspect of moving to the UK smoother

Entertainment and miscellaneous bills

If you are someone who loves to go partying or hang out with a friend, the expense per month will increase further. Movies, concerts, expensive dinners, etc. cost between £10 to £50. Other kinds of bills come when you go shopping or take up a leisure activity. Getting household items, repair works, toiletries, etc comes under miscellaneous expenditure.

Conclusion

With so many expenses to keep in mind, how will you understand these better and plan a daily expense schedule?

 For such financial guidance, expert counsellors at Work Permitz will be available. You can always take help from them to plan your expenses better for financial responsibility. 

For someone who is going to a different country for the first time, handling money could be an alien thing. How will you tackle this problem? 

Talk to experts and get to know about the whole UK Visa Process!

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Cost Of Living In The United Kingdom Under Work Visa & Tips To Save Money https://workpermitz.com/blog/cost-of-living-in-the-united-kingdom-under-work-visa/ https://workpermitz.com/blog/cost-of-living-in-the-united-kingdom-under-work-visa/#respond Mon, 26 Sep 2022 09:14:55 +0000 http://workpermitz.com/blog/?p=360 So, you have decided to move to the United Kingdom. Are you ready for the cost of living in this country? Well, it is true that the UK is expensive…

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So, you have decided to move to the United Kingdom. Are you ready for the cost of living in this country? Well, it is true that the UK is expensive compared to other countries, but there are ways through which we can save money.

You can find cheaper places to live; share your flat with friends and family members; reduce your household bills (food and clothing); pay off debts as soon as possible so that you can save more money; avoid eating at expensive restaurants.

Well, all these things will help us save some amount of money every month especially when we are working abroad on a UK work permit visa.

Living cost in UK

It is essential to know the cost of living in the UK before you start your UK visa process

The cost of living in the UK varies depending on where you live. It is higher than in other European countries, but it also varies from region to region.

The average British household spends £8,000 per year on food alone, according to research by Mintel Group Ltd., which conducted a study about how much money Britons spend on groceries every year.

This figure includes all types of food—not just meat and fish—and does not include drinks such as milk or juice, nor does it take into account other expenses like rent or mortgage payments that may be required if you live somewhere else (e.g., London).

Average rent in UK

The average rent in the UK is £1250, which means that you should expect to pay about 30% of your monthly salary for renting an apartment. If you live close to the city centre and don’t mind paying high rent, London could be a good option for you. 

The average monthly rent in this city is around £1700 whereas Manchester’s average monthly rent is only £800 (which makes sense considering its location). Birmingham and Glasgow are also similar: both cities have low-priced housing options, but they still require more money than other parts of the country do because transportation costs are higher here compared with other places.

Transportation costs in UK

The cost of transportation in the UK varies depending on where you live. Londoners can expect to pay about £3 for a taxi ride, while those living in rural areas might have to pay around £6. 

If you’re using public transport, be aware that there are additional costs associated with this option as well: fares are more expensive than taxis, and buses run less frequently on Sundays and public holidays, so it’s a good idea to factor these into your budget when planning trips around town.

Stack of coins; calculator; toy car and pen on template

If driving is unavoidable for an extended period of time (such as during work-related travel), then expect to spend roughly £1 per mile driven—which will quickly add up if there are long distances between cities! 

When parking at airports or train stations, remember that free spaces aren’t always available. However, street parking tends not to be affected by this rule since they’re usually monitored by local authorities who issue tickets accordingly.

Cost of utilities and bills in UK

You may find that services such as electricity and gas, Internet, Mobile phone, etc. are cheaper than they are at home. However, it’s important to check what your local council tax rate is before moving abroad. You can also shop around for electricity and gas suppliers as there may be better deals available on the internet. 

Tips to save money in UK

To apply for a UK visa, it is essential for you to know about fruitful tips to save money in the country. 

1. Share a flat

Sharing a flat with other people is one of the best ways to save money on rent, bills, and food. You can make new friends, meet new people and enjoy your life more.

There are many websites where you can find roommates. If you want to find someone locally, then ask around at work or at university events (e.g., Freshers’ Fair).

2. Reduce household bills

Uk money bills and key for house
  • Check if you can get a cheaper deal.
  • Shop around for a better deal.
  • Ask your landlord if they have any deals.
  • Consolidate your bills if you can, such as having one bill for electricity and gas, one for water and council tax etc., rather than paying them separately every month.
  • Try not to use taxis when possible (they cost £3 per mile) instead use public transport which is free or walk wherever possible instead of driving yourself around town. This will save money on petrol/car insurance costs too! 

3. Pay your debts as soon as possible

Once you have your work visa, it is important to pay off as many of your debts as possible. This will help you save money and reduce the amount of interest that you have to pay on top of what is owed. If possible, avoid taking out any more credit cards or loans so that they don’t increase in value when they are due next month.

4. Avoid eating at expensive places

  • Eat at home.
  • Eat at cheaper restaurants.
  • Avoid eating out as much as possible, especially when travelling and staying in a hotel (if you do have to go out for lunch, try to find an all-you-can-eat buffet). If you must go somewhere else, try to find something that has a good reputation—and make sure they offer free food samples! The price of a meal shouldn’t be the deciding factor with regard to whether or not you can afford it.
  • If there are other options available within walking distance of your accommodation, then use them instead! For example: instead of making reservations at Michelin Star-rated restaurants on vacation days (which would cost $150 per person), why not go check out some local pubs instead? They may also serve delicious meals at lower prices than what many tourists pay while travelling around Europe. 

Contact Professionals for better visa success rate

Contact Work Permitz if you require assistance with UK work visa services. You can obtain all the information you need to immigrate to the UK from this UK visa agency.

As the best UK visa consultants we ensure to smoothen your UK visa process!

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