United Kingdom
How United Kingdom performs
Tax
High taxes. The United Kingdom has one of the heaviest tax burdens in the index, 109th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 0-45%, corporate tax 19-25%, VAT 20%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. The United Kingdom is safer and more stable than most countries we cover (35th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Expensive. The United Kingdom is one of the most expensive places to live in the index, 105th of 118. Plan for high everyday costs.
Source: Numbeo Cost of Living Index
Education
Excellent education. The United Kingdom has one of the strongest education and knowledge systems in the index, 9th of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 19-25% Applicable tax rate varies based on the amount of income earned |
|---|---|
| Personal income tax | 0-45% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 20% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- YesProficiency in English
- Investment Immigration Pathway
- United Kingdom innovator founder visa
- Official language
- EnglishWelsh is also official in Wales
- Dual citizenship
- Allows dual citizenship
2 immigration pathways
Program terms change. Always confirm the current rules with the issuing authority before acting. This page is informational and is not legal or tax advice.