A post Brexit UK still offers many opportunities for global individuals. With its excellent education system and reputation for rule of law, the UK remains a good long-term bet for those looking to move.
Ultra-high-net-worth Indians who had previously been investing large sums in other destinations like Dubai are now seriously mulling the option of including London in their real estate and business portfolios. After all, London is – and will remain – a bigger financial hub than Dubai and the majority of other cities around the world, and this will not change.
Brexit has opened up an opportunity for those looking to establish themselves in the UK, to grab property in London at subdued rates. In the run-up to the Brexit, housing prices in London remained remarkably subdued in 2018. Both residential and commercial property prices in the UK will remain attractive post Brexit.
India’s long-standing ‘love affair’ with the UK (and London in particular) goes back to their common history and will not be affected by Brexit due to key factors such as the UK’s overall friendly rule of law and safety that continue to make London attractive to international investors. Moreover, the language, market transparency, a convenient time zone, an established ecosystem of expertise, and the city’s historically proven ability to adapt to sharp global changes and continue to create strong international relationships.
It is fairly safe to assume that, Brexit notwithstanding, we will see more Investors making calculated plays in the UK real estate market and business in the times to come.This is why those that are not worried about Brexit, will see the appeal London and the UK still has to a global market.