Comment

Comment by throw1742

I can't say if you should do this or not but here's how I did it:

* Fly to London, rent a room / place

* Make an appointment to get a NI Number: https://www.gov.uk/apply-national-insurance-number

* Setup a limited company with accountants, e.g: https://www.crunch.co.uk/

* Open a personal and business bank account, e.g. with Revolut or TransferWise

With a combination of low salary and issuing dividends your personal tax liability will be something like 5% on £50,000 of income (not counting corporation tax which is currently 19%), if you have a spouse or civil partner it's even better...but watch out for tax payments on account:

https://www.gov.uk/understand-self-assessment-bill/payments-...

In my opinion, the UK is a great place to do business in Europe if you're working remotely for clients all over the world and London is a great place to live too (if you don't mind the high housing prices with an income that can support it).

Just do it ASAP before Brexit, and apply to the EU Settlement Scheme: https://www.gov.uk/settled-status-eu-citizens-families

If you change your mind later, you can always close your company and move away but getting a visa and moving here after Brexit will probably be a bit more complex.

parent throw1742 6 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton