We were excited to host our webinar on 9 October 2022. Thank you very much for our speakers and moderator who are experienced professionals in their respective areas of expertise:
- Darius Daubaras is an experienced finance executive and investor in the UK and the Middle East moderated the webinar;
- Aselle Djumabaeva – Wood is a Partner at law firm Hamlins LLP and helps investors to invest in commercial property in the UK;
- The Hon Richard Evans is the Founder of Octavius GB Ltd and helps the overseas companies win large sales contracts in the UK;
- Saule Voluckyte is the Founder of Family Office in London Ltd and helps overseas investors and business owners to invest, operate or relocate to the UK or Switzerland.
Here are some highlights.
Why? Invest, Operate or Relocate to London?
As I work with my international clients who invest, operate or relocate to London, the decision “why?” is usually already made up. We only focus on the next steps that need to take place.
By default I usually work with investors like you who have potential investment projects in mind. You know the market fairly well. You know where the financial rewards and gains are. This is irrespective of legislative and regulatory changes, in particular, the changes in UK tax legislation.
I was on the client journey when certain investment in prime residential real estate appeared lucrative. Once the market conditions changed, the investments were redirected to commercial real estate and business ventures.
It is always exciting to look at the off-market opportunities and see what options are available. Of course, one has to walk hand in hand with the changes that are constantly taking place.
In relation to the different investment portfolios available, one may be spoiled for choice. If you play your cards right and partner with the right private banks, you may be also able to grow your real estate investment portfolio as well as portfolio investments.
Operate (do business)
Similarly, the decision to start business operations in the UK is a long-term strategy for overseas businesses who are not swayed by Brexit. My clients are not swayed by temporary adjustments and focus on the long-term game instead.
For certain industries and businesses, Brexit was the green light to enter the UK market asap and become a player here. Much depends on the unique features of the industries and businesses.
Even if you think that you are a seasoned entrepreneur operating internationally, you may be in for a bit of a shock if you think the UK operates just like any other European country. If you are a European entrepreneur, you may be expecting that the UK operates just like your home country, this is not necessarily the case.
The overwhelming reason for most of the businesses to be in the UK is the access to the rest of the world and the ease to operate and do business.
The decision to relocate is a very personal decision. It is exciting to engage with my clients who thought that perhaps, Monaco, Switzerland or Portugal would be the right place to relocate. You may be weighing the options over the time and learning about the different opportunities available.
However, the driving force to relocate usually is the family. This normally translates into being close to your children who are currently in private education in the UK or the opportunity to provide the best education to your children while in the UK.
The decision to relocate triggers many different concerns and implications you need to prepare yourself for. Therefore, booking Your Bespoke Global Wealth Strategy with the emphasis on UK Tax Planning can be the right next step for you. You need to organise yourself, your business and investment assets and plan your UK tax accordingly.
Missed the webinar or would like to watch it again, join us!
Hear our panellists speak about:
- Investing in commercial real estate and its latest trends – Aselle Djumabaeva-Wood;
- Doing business in the UK and winning high value contracts – The Hon Richard Evans;
- What do you need to know as you invest, operate or relocate to the UK – Saule Voluckyte.
Thank you very much Darius Daubaras for moderating our webinar and making it a success.
As you are looking to invest, operate or relocate to the UK and need advice on UK tax, immigration and structuring your investment and business assets, book a call with me.
You will be first guided to a payment page when you choose “book a call” option. After making the payment, you will be able to choose the most convenient date and time for our Zoom meeting. You can report a payment issue here.
Saule Voluckyte, M.A.E.S, LL.B, FAIA
I have been working exclusively with UHNWI in Mayfair, London since January 2008. I built specialist knowledge and expertise required to serve ultra high net worth individuals investing, operating and relocating to the UK or Switzerland.
Within the industry, I am the single adviser who is able to traverse the different areas of expertise and bring a comprehensive approach across: global structuring, UK immigration, international taxation and FOREX to develop their global wealth strategy, while they build, grow and expand their wealth worldwide.
Previous experience as one of the senior advisors for the government, made me a go-to person when delicate and uncomfortable scenarios involving heads of state need to be handled with care and preserve privacy.