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Investment in the UK

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We have over the past few months seen numerous changes to the immigration rules and more importantly the government. 

One would have thought that new coalition government will further transform immigration rules and get it as tough as possible, i.e. limiting the amount of non-EU nationals in the UK. However, although proposed for further tougher changes, this had not happen yet.  

The more important note you can see however, if you a true follower of immigration rule that there are certain things that haven’t changed in many years. Investors!  

Investor immigration rule had been a very long standing feature within the immigration rules and had always been welcomed by the UK Government, let it be Labour, Tories or Lib Dems. High Net Worth migrants are always welcomed in the UK.  

Even when the world of UK Immigration rules had been changing out of recognition and there appeared to be numerous new requirements for each part of the immigration rules, i.e. English Language, increase in salary bands, level of education. The Investment rule stayed true to its form and had not alter a single bit.  

The requirement needing £1 Million investment in the UK in UK markets and/or £1 Million Loan to invest in the UK market stayed the way it is. Investors, even with the rapid changes made by the former government before the general election will still exempt investors from needing English, a set maintenance level or otherwise.   

So, why are we still holding back in using this route (if we are able to).  

The Investment route in our opinion certainly forms a stable route which appears so far to be untainted by any changes and the Investment route still appeared to be the best choice out of it all.   

With the UK market trying to resume its normal healthy form, is it the best time for investment? Well, you need to ask your financial advisor this but to us, it seems to be a route to kill 2 birds with one stone. Earn a bit of money and migrate to the UK under a very stable migration route.  

We have encountered many persons who has the ability to migrate under this route but very often, the only concern they have is whether or not this route is too good to be true. More importantly, is the investment route like many other countries where it seems you will never be able to get your money back.  

To answer the first question, it is certainly not too good to be true. A commitment of investment of £1 Million in the UK markets should not be taken lightly. The UK Government understands this and therefore will offer a slight more advantageous position for such migrants.  

In relation to the second question, investment route is very different from other countries that offer investment / donation programmes. Investment route is design truly for investors who want to invest in the UK. The UK Government does not receive your money, only the British markets do.   

Investors can have full control of their own investments or they can choose, on their own accord a financial institution or broker to conduct such investments. Although no investment can guarantee a return, you can be assuring that you are not buying residence in the UK. You are investing in the UK for a long term.   

All in all, our assessment of the current immigration rules is that the UK will continue to welcome investor routes and should you or your family wish to migrate to the UK, this should be the first route you are thinking of.  

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Were you fired for the right reasons?

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Many of us depend on our jobs to survive and our livelihoods can be destroyed because we lose our jobs.
 

We may work very hard everyday but sometimes and for some very reasons, we end up in a position where we are told that we no longer have a job to go back to. In fact, when we have been dismissed, we feel that our former employer should not have done so and you do not believe that their reasons were well founded. What can you do? 

If you feel your employer ended your employment unfairly, you may have been unfairly dismissed and might be able to complain to an Employment Tribunal. 

A dismissal can be be unfair either because your employer had not provided you with a fair reason or that they have not followed the proper procedure to dismiss you. Sometimes, the action of the employer in dismissing you can be automatically unfair (i.e. that your dismissal is based on your age or gender).  

Automatic unfair dismissals are less common nowadays employers are more familiar with employee rights. However, many of us still encounter situation where we have been dismissed because we requested for something that the law allows us to obtain such as:- 

-a written statement of employment particulars

-a minimum notice period

-maternity, paternity or adoption leave

-time off for antenatal care

-not to be discriminated against because of your gender, race, disability, religion or belief, sexual orientation or age 

The list is not exhaustive and there ar many other circumstances which an employer may dismiss wrongly. Should this happen, you may have a claim against your employer.  

More common nowadays due to the economic markets, many of us may not be dismissed because of our performance or anything personal. It may be because the company is not doing well and needing to conduct a company wide redundancy.  

Although redundancy is generally accept as inevitable at times, it may nonetheless be considered as a form of dismissal and unfairness can sometime creep into it. If you employer had chosen you to be made redundant but you feel that the reasons to make you redundant other than your colleague, you may have been unfairly dismissed.
 

Every employee therefore should keep their eyes out to ensure that they have not been unfairly dismissed. If you have been but have not raised a grievance and/or claimed within a set period of time, you may lose your right to claim against your employer and your livelihood may have been taken away without good reasons.  

Some of us believe that only full time employee can benefit from employment protection and therefore for some part-time or fixed-term worker, they simply remain quiet even if they have been unfairly dismissed. As a part-time or fixed-term worker you should not to be treated less favourably than a full-time or permanent employee (eg you should be offered the same or equivalent employment rights and benefits). If you are a part-time or fixed-term employee, you should not be shy to voice your concern if you feel that you are treated less favourably to a full time employee.

As such, if you have been treated unfairly, you have equal right to bring your case to the employment tribunal.
 

Having said this, for full-time, part-time or fixed term workers, the most important thing is really to work with your employer in any issues arising from you employment.  

Employers are also human and can sometime make mistakes, bring a case to the tribunal should be a last resort, should you have exhausted all avenues to resolve the matter with your employer. Sometimes, you will be happily surprised that a matter which you feel cannot be resolved is quickly resolved by raising a grievance with your employer.   

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