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What are the Business Opportunities in the UK for Indians?

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Categorized as Business
business opportunities in UK

The biggest business opportunities in United Kindom itself is that,  you can set up your own company in the UK without having British citizenship. All you need is that your company is registered in the United Kingdom.

Starting a business as a foreigner in the UK offers the best business opportunity for an Indian immigrant. Britain’s free and modern economy gives you a solid foundation.

Qualified staff from Great Britain and excellent infrastructure will help you. Both are essential to the success of any company. Therefore, as an Indian immigrant in the UK, you will get top business opportunities.

The UK and India have strong historical and cultural ties that have created the perfect environment for Indian companies looking to expand into the ready-to-go UK market. Business opportunities have increased since Britain left the European Union. In practice, this means that Indian companies can now compete equally in the Britain market. Previously, European workers and companies had an inherent advantage but not now.

Which UK Visa is Best for you and for your Business?

 

1. Sole Representative of an Overseas Business

 

This visa allows senior executives from a foreign company to come to the UK and open a branch in the UK or a wholly-owned subsidiary of the parent company.
It is ideal for Indian business owners looking to work in new markets while taking advantage of the favorable UK business climate. It can also be a step towards full British citizenship.

2. Innovator Visa

 

You can apply for an innovator visa if you wish to start and run an innovative business in the UK. The Innovator Visa option is available to established entrepreneurs with finances. This period also requires the involvement of corporate sponsors who evaluate the business concept. Applicants may need to demonstrate that they have or can earn £50,000 to invest in their business. This is less than the £200,000 required to apply for an entrepreneur visa in the previous procedure.

3. Global Talent Visa

 

The Global Visa for Talent in the UK allows you to work in the UK without a sponsor or job offer for up to five years if you are a ‘prospective employee or director’ in science and research, arts and culture or digital technology.

For the UK, the global talent visa is valid for five years and can be extended. After three years, you can apply in the UK to establish yourself as a manager or outstanding talent. If you apply for a future leader after five years, you can apply to the foundation.

4. Start Up Visa

 

This visa category is for new entrepreneurs setting up their first business in the UK and requiring no prior cash investment. To be eligible for a visa, applicants must first obtain approval from an authorized organization certifying that their business is innovative, profitable, and scalable. Approved candidates are offered two years of leave.

The Pandemic Creates New Business Opportunities for Indian Companies in London

 

India-based OYO Rooms and Ola Cabs are supporting the fight against the COVID-19 pandemic in both countries. OYO Rooms offers discounted rooms for healthcare professionals in London and India. Bengaluru-based Ola Cabs is offering UK NHS workers a 50% discount on travel. In addition, the company also helps health workers and seniors who have mobility problems with a donation of rupees 20 crore.
Most of India’s investment in London in recent years has gone into IT software and services, business services, and financial services.

Business Ideas

 

1. Investment Business Opportunities in UK Real Estate for Indians

 

Not surprisingly, the property has become a popular way for wealthy Indians to invest in the UK. Wealthy Indians like to buy villas in and around London for holidays and for their children who attend school there.
The fact that London is one of the most desirable real estate destinations in the world adds to the appeal of Indians. It offers security, a beautiful lifestyle, cultural attractions, and low property taxes.
The UK is one of the easiest countries to apply to for the registration of land. In terms of land registration, the UK is ahead of France, Germany, Ireland, and Italy.

2. Open your own Indian Restaurant

 

Indian food is very popular in the UK. Many people look forward to their weekly curry or enjoy regular trips to their local Indian restaurant. Restaurant management gives you the business opportunity to develop new and exciting flavour combinations and be inspired by authentic Indian cuisine.

3. Open your own Indian Clothing Store

 

Indian dresses are very popular in the UK. Therefore, you can open your own Indian clothing boutique in the UK. You can sell various types of Indian dresses for men and women for parties and weddings.

Wrap-up

 

The UK offers the top business opportunities for Indians and is considered to be one of the best countries in the world for entrepreneurs. The UK is already laying the groundwork for a stable business climate, with fast-growing companies playing an important role. Two strategies for increasing the talent pool in the UK are the start-up visa and the innovator visa.

In addition, the UK government delegation met with key figures from India’s corporate, business and education sectors at a roundtable to gather information and demonstrate how the new system could offer business opportunities.

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Sandeep Grewal

By Sandeep Grewal

I am a fun loving person, working as a digital marketing expert and love to write as a Guest author. I work as a digital marketer by day and a writer by night.