A universal favourite since time immemorial, London needs no introduction. The capital city of the United Kingdom, it dates to 2000 years and has been one of the frontrunners in the field of finance and a major promoter of international business across continents. Attracting people from a myriad of cultures globally, it is at the centre of wealth generation in the United Kingdom placing it on the list of cities that is home to the maximum billionaires the world over.
One of the most expensive cities in the world to indulge in for real estate, it is one of the most desirable residential choices. The most significant housing market in the UK, it is home to almost 9 million people living within the cities boundary and several others who commute to and fro from surrounding towns and countryside.
Owing to the tightly monitored building regulations in the city, there is a slow development of real estate, therefore, resulting in strong demand and severe undersupply within the residential market. A consistent, mature market for investors, London is truly a city that delivers solid and safe returns.
Country :United Kingdom
GDP per capita:London generates approximately 22% of the UK's GDP
The United Kingdom is a unitary state under a constitutional monarchy with Queen Elizabeth II as the head of the state. The UK has a parliamentary government which has the resources and power to abolish or change any written/unwritten elements of the constitution by passing a legal reform in the Acts of Parliament while the Prime Minister acts as the head of the government and oversees all matters of national security, economic policies, operation of the Civil Service and other government agencies.
The United Kingdom is a member of Commonwealth of Nations, the NATO, The United Nations Security Council, the G20, the G7 Finance Ministers, the G7 forum, the WTO, the European Council, the OECD (Organization for Economic Cooperation and Development) and the OSCE (Organization for Security and Co-operation in Europe).
Temperate weather, year-long rainfall and constantly changing weather is the essence of London’s unpredictable climate. With winter temperatures ranging between 0°C to 8°C, summer months like July & August go anywhere between 17°C all the way up to 35°C. With almost 3,000 parks or ‘open public spaces’ in London, they make for 40% of the total land area in the city.
Maintaining their 100% literacy rates, primary and secondary education is offered free of charge through ages 3 and 18 for state-run schools and colleges.
Home to some of the best universities in the world, the United Kingdom offers the likes of the University of Cambridge, University of Oxford, University College London, Imperial College London, London School of Economics, London Business School (most of which are ranked in the top 10 universities of the world). London has about 43 universities and attracts the largest concentration of higher education in Europe with a student population of 400,000 of which 110,000 are international students.
The Universities of England are among some of the top universities in the world; the University of Cambridge, the University of Oxford, the University College London and Imperial College London are all ranked in the top 10 World University Rankings 2018-2019. Overall, London has 43 universities, the largest concentration of higher education in Europe with student population 400,000 of which 110,000 are international students.
Students normally enter university from age 18 onwards, and study for an academic degree. As of October 2012, university fees of up to £9,000 per annum. The state does not control university syllabuses, but it does influence admission procedures through the Office for Fair Access (OfFA), which approves and monitors access agreements to safeguard and promote fair access to higher education.
Universities offer an undergraduate degree as a first degree, which may last up to four years. Following the completion of the first degree, students can also choose postgraduate (Masters) degrees which may take up to 2 years for completion.
TThe National Health Service (NHS) is free for UK residents and is funded by the government. The NHS is the UK's recognized health service providing medical care for nationals and visitors from European countries, Australia and New Zealand. Non-UK citizens and other visitors are required to pay for their medical treatments unless their employers provide sufficient medical insurance. All UK residents must register with a General Practitioner Doctor to receive the Free NHS treatment.
For Non-EU citizens living in the UK you can drive in the UK on your full valid driving license for 12 months, from when you become a resident. After 12 months you will need to apply for a provisional license and pass the theory and practical driving tests to drive in the UK. You must have a valid driving license that covers the type of vehicle that you are driving. You must have appropriate insurance for the vehicle. The vehicle must have valid road tax. You must drive on the left-hand side of the road and overtake on the right. If you are riding a motorcycle or moped, you must wear a crash helmet. The use of mobile phones while driving is prohibited, and you must always wear a seat belt.
Driving under the influence of alcohol or drugs is not allowed. You must observe the speed limits which can be 20, 30 or 40mph in built up areas. The speed limit on motorways is 70mph and all other roads have a limit of 60mph or 50mph. The minimum age at which you can drive a car or motorcycle is 17 years old.
London has five major international airports: London City, London Gatwick, London Heathrow, London Luton and London Stansted. As of 2019, Heathrow is the 7th busiest airport in the world by total passenger traffic.
Within London, the city is noted for one of the best connectivity loops in the world with its highly-integrated system of trains, tubes, buses and cycles alike. The option to travel to other major cities from London is a seamless process with the Eurostar operating about 14 slots to Paris, 2-3 trains to Amsterdam and other major cities every day.
Buses are another efficient way to travel cross-country with connections to almost all regions, airports and train stations operating at different times of the day and night.
A perfect amalgamation of history, art, culture, music, food and nightlife alike, life in London is truly magical for its residents allowing them to choose from a host of varied activities suited to every age group as well as every interest group.
From visiting museums to hosting picnics, and from indulging in gastronomic wonders to catching world-famous musicals, London is a dream city for one and all.
More than 80 billionaires live in London
making it the city with the highest number of billionaires in the world
Over Than 300 Languages Are Spoken in London.
The most popular languages after English are Bengali, followed by Polish & Turkish.
About 30 million tourists a year visit London,
making it the most popular destination on the planet.
It’s one of the world’s most connected cities.
The city has six major airports; Heathrow Airport, ranks 7th in the world in handling international passengers as of 2019.
It’s one of the world’s top financial centres.
The City of London is the centre of global foreign exchange dealing.
Over 40% of all the world’s foreign exchange transactions are made in the City – a total of $2.7 trillion per day
London has the oldest underground train network in the world.
Built in 1863, today London’s tube is used by 1.35 billion people every year.
London has four UNESCO world heritage sites:
Tower of London, Maritime Greenwich, Westminster Palace and Kew’s Royal Botanic Gardens.
London dominated the UK visual arts sector, which accounted for 30% of the global art market as of 2013.
Several of the best universities in the world are in London, including three of the Times Higher Education top 40 universities 2019.
London has over 170 Museums