₦airaland Forum

Zahra29:
Wow that debate was painful for Sunak.

The audience clearly didn't like him, he was booed and heckled at various points. He looked quite deflated.

Zahra29:
Erm no, they've moved out of Planet Earth and into some magical land of fairies.

Reminds me of sixth-form student politics. No one's going to take them seriously.
(Although I'm sure they're very nice people).

jedisco:
All the blame on foreign ownership has all the trappings of the current immigration issue. Populist and a vote winner but just like chasing away immigrants it's hardly ever results in higher standards of living for the local polpulace. Even 9ja fcked around and found out.

Certain considerations:

1. Recently, due to tax changes, alot of landlords have been selling. Now combine that with higher rates which were supposed to 'crash' house prices and tell me how much of a drop we have had. Have landlords selling made renting or home ownership any more affordable?

2. The ratio of foreign ownership in the UK has remained quite small and has served as a good impetus to the building sector. Forget talk, is the nation really reafy for a drop in house prices just like in Japan?

3. Many countries (NZ, AUS, Can) with higher ratio of foriegn ownerships have banned or severely restricted foreign ownership- have their house prices become affordable as a result?

4. Most foreign owners buy in cash or with less mortgage due to higher interest rates. If they buy with mortgage, local lenders benefit. For those buying in cash- remember this is cash not yet in the economy, the person has say £300k in their pocket. They would only invest it in a place they see a reasonable chance of profit. The UK economy needs that inflow- remember we are largely a service based economy. Investors can as well put those funds in other economies or a global index funds and get 7% after inflation with good liquidity and dodge all the issues around rentals e.g non paying tenants e.t.c. Even with good rental yield, how long do you think it would take for such a person to recoup their capital? Its largely a longplay game.

5. This is not saying it should be laissez-faire for foriegn investors. There shoud be progressive regulation but the narrative to keep pressing the increase tax button is hardly the answer.
Its for every host nation to understand how to maximise benefits from such inflows they need while making sure thy remain a sought after investment destination.

Cyberknight:
Your points are well made, but I disagree with all of them.

Foreign investment in property in the UK has been largely negative in terms of consequences. Effectively, people in the UK, with its lowish levels of pay and high costs of living, are competing against the middle to upper classes of the whole world to own property in their own country. The only slightly positive effect has been additional government revenue from tax on property related transactions, but in my opinion any benefit is outweighed by the overall negative consequences.

While the government was gorging on Russian and sundry other dodgy origin money, and dashing out residency and citizenship to anyone who rocked up with enough money of any provenance in their pocket to pay, its people were slowly being priced out of their own capital city and other desirable locations. While most people have the impression that its mainly luxury property in upscale postcodes that foreigners are flogging among themselves, that's not the case - they're everywhere, buying up new developments offplan, etc. Oxford, for instance, is full of rich foreign students and it sometimes seems as if all of them buy property before they leave.

Cyberknight:
No-one in the UK, you mean
The UK is still trying to use US social standards (unfettered capitalism with little or no consideration for society) and levels of taxation to fund European-style social democracy. Increasingly difficult to square that circle, and you can't have the two co-existing for long.

As missjekyll pointed out, the Greens' dream levels of taxation are Scandinavian and they work there.

Cyberknight:
Your points are well made, but I disagree with all of them.

Foreign investment in property in the UK has been largely negative in terms of consequences. Effectively, people in the UK, with its lowish levels of pay and high costs of living, are competing against the middle to upper classes of the whole world to own property in their own country. The only slightly positive effect has been additional government revenue from tax on property related transactions, but in my opinion any benefit is outweighed by the overall negative consequences.

While the government was gorging on Russian and sundry other dodgy origin money, and dashing out residency and citizenship to anyone who rocked up with enough money of any provenance in their pocket to pay, its people were slowly being priced out of their own capital city and other desirable locations. While most people have the impression that its mainly luxury property in upscale postcodes that foreigners are flogging among themselves, that's not the case - they're everywhere, buying up new developments offplan, etc. Oxford, for instance, is full of rich foreign students and it sometimes seems as if all of them buy property before they leave.

Cyberknight:
Your points are well made, but I disagree with all of them.

Foreign investment in property in the UK has been largely negative in terms of consequences. Effectively, people in the UK, with its lowish levels of pay and high costs of living, are competing against the middle to upper classes of the whole world to own property in their own country. The only slightly positive effect has been additional government revenue from tax on property related transactions, but in my opinion any benefit is outweighed by the overall negative consequences.

While the government was gorging on Russian and sundry other dodgy origin money, and dashing out residency and citizenship to anyone who rocked up with enough money of any provenance in their pocket to pay, its people were slowly being priced out of their own capital city and other desirable locations. While most people have the impression that its mainly luxury property in upscale postcodes that foreigners are flogging among themselves, that's not the case - they're everywhere, buying up new developments offplan, etc. Oxford, for instance, is full of rich foreign students and it sometimes seems as if all of them buy property before they leave.

danny34:
Hi guys ....

I am rounding up my masters in September, came in on the student visa route.

We are 3, my wife and 1 child (5).

I am seeking clarification on the new visa rule.

What is the minimum salary that can sponsor me and wify from October in the health and social care sector?

I want to start weighing my options and I don't want to do post study visa.

I have read the immigration stuff, but I am not comprehending.

Anyone to clarify me?

Thanks

Zahra29:
Well it's the UK's votes that matter, they're not a European party

I have nothing against them but some of their policies are too far left. Any extremism has the potential to be dangerous, left or right.

And I hope people realise that they are not just advocating for tax increases on the super wealthy. They also want a significant tax hike (NI increase from 2% to 8%) for everyone earning over £50k, as they believe people on those salaries are well off enough to be asked to contribute more to the social net. I'm sure you would agree that £50k is by no means rich by today's standards.

Zahra29:
💯

And to add, it's not just Russian and Chinese money. What about African politicians who loot their countries and then buy up properties all over North London for example.

London property has long been used as a way to wash questionably acquired funds. If the government wants to turn a blind eye to this, then at the very least they should ensure such foreign nationals pay a higher property tax than its residents.

danny34:
Hi guys ....

I am rounding up my masters in September, came in on the student visa route.

We are 3, my wife and 1 child (5).

I am seeking clarification on the new visa rule.

What is the minimum salary that can sponsor me and wify from October in the health and social care sector?

I want to start weighing my options and I don't want to do post study visa.

I have read the immigration stuff, but I am not comprehending.

Anyone to clarify me?

Thanks

Cyberknight:
Lol, you had to go and spoil it by mentioning African kleptocrats who have stolen the country blind at all levels, a sore point for many a traumatised Nigerian on these threads.

Remember the "We are here because you were there" phrase the Sri Lankan chap wrote about summarising the phenomenon of reverse migration from the former colonies to the former colonisers? In my case, if any hypothetical racist on a hypothetical high streets asks me that question, my answer will be "[i]We are here because they too[/i] [our presidents, governors, ministers and even local government chairpeople) are here".

missjekyll:
The "far" implies they are willing to use violence to get into power.
Is this true of the greens?

Zahra29:
£23,200 as already advised.

However it would have to be an NHS health and care role to sponsor your dependents. Other care workers have been banned from adding their dependants.

Fraih:
Hi👋
Jumping on this too cos I have a similar question with that of the Op.
But mine is drawn towards the New entrant visa category. What's the minimum salary that can be sponsored for someone switching from Students Visa into Tier 2? *This is asides the NHS or healthcare sector*

Zahra29:
Hi, the new entrant visa allows you a discount of 70% on the going rate salary to be sponsored for a skilled worker visa. The going rate is occupation specific, you can check what the relevant rate is using the occupation code of the role you are interested in.

Cyberknight:
It's Starmy weather ahead!

https://labour.org.uk/wp-content/uploads/2024/06/Labour-Party-manifesto-2024.pdf

ehizario2012:
Infact, he's already being deflated from within. Grant Shapps is already conceding defeat in a way by saying labour shouldn't be given overwhelming power/majority. Secondly, Craig Williams gambled on election date!!! Is this not self implosion?? Plus Nigel Farage is out to erode Sunak personally, I don't understand the beef!

I personally want the conservative party to be a strong opposition, absolute powers is not good in a democracy.

Cyberknight:
Lol, you had to go and spoil it by mentioning African kleptocrats who have stolen the country blind at all levels, a sore point for many a traumatised Nigerian on these threads.

Remember the "We are here because you were there" phrase the Sri Lankan chap wrote about summarising the phenomenon of reverse migration from the former colonies to the former colonisers? In my case, if any hypothetical racist on a hypothetical high streets asks me that question, my answer will be "We are here because they too [our presidents, governors, ministers and even local government chairpeople) are here".

Fraih:
Thank you!

AKALAMAGBO:
Cool.. Nothing was written on cutting legal migration which evident Starmer might work around changing some Conservative Policies…

lavida001:
This is just white folks showcasing their inner character.

Deep down they cant stand brown or black person leading them.

I f you look closely, Conservative party member deliberately wants Rishi out from number 10.

kumbhuru:
What will happen if I don't give airport officials money when they beg me for it?

Zahra29:
It's there - pages 41 and 42:

under the Conservatives, our economy has become overly dependent on workers from abroad to fill skills shortages. As a result, we have seen net migration reach record highs; more than triple the level than at the last election in 2019. The overall level must be properly controlled and managed. Failure to do so reduces the incentives for businesses to train locally.

So, Labour will reduce net migration. We will reform the points-based immigration system so that it is fair and properly managed, with appropriate restrictions on visas, and by linking immigration and skills policy

We will end the long-term reliance on overseas workers in some parts of the economy by bringing in workforce and training plans for sectors such as health and social care, and construction....

They've also said that they won't reverse the student and care dependant bans.

lavida001:
This is just white folks showcasing their inner character.

Deep down they cant stand brown or black person leading them.

I f you look closely, Conservative party member deliberately wants Rishi out from number 10.

kumbhuru:
What will happen if I don't give airport officials money when they beg me for it?

iyatrustee:
They won't allow our specialist nurse travel. Your Trust will have to send a private jet to pick you!

Biko, when is your arrival date sef? We need to roll out red carpets at your arriving terminal

ehizario2012:
Honestly I can't ignore this your comedy, I'm really enjoying it. Don't forget to snap and post after you get past UK border. Lol

Zahra29:
It's there - pages 41 and 42:

Toor… 😊

They've also said that they won't reverse the student and care dependant bans.