throw920

throw920 on Hacker News

Re:Ask HN: Should I move to London and open an business (as a founder ... on Wednesday September 30, 2020 @04:53PM (#24643705)

The thing is that even with Brexit, I think London still has a larger pool of talent compared to Berlin.

Berlin rents have gone up as well (still less expensive than London).

My impression is that UK is more entrepreneur/self-employed friendly than Germany.

I'd like to continue consulting and maybe try a SaaS product as well.

Re:Ask HN: Should I move to London and open an business (as a founder ... on Wednesday September 30, 2020 @04:46PM (#24643632)

Thanks for the info!

If I get pre-settled status, does that mean I will have the right to work after January 2020?

  With a combination of low salary and issuing dividends your personal tax liability will be something like 5% on £50,000 of income

Can you elaborate on this?

Re:Ask HN: Should I move to London and open an business (as a founder ... on Wednesday September 30, 2020 @05:52AM (#24637038)

I'm a consultant, working remotely for clients all over the world.

I'd like to live in London (at least before the pandemic happened), no other reason.

Re:Ask HN: Should I move to London and open an business (as a founder ... on Wednesday September 30, 2020 @05:48AM (#24637017)

I don't plan to move to Estonia so opening a company there is not a viable option. Your remote company can be considered (and taxed as) a local company if you don't live there more than 183 days.

Ask HN: Should I move to London and open an business (as a founder from EU)?

Posted by throw920 on Tuesday September 29, 2020 @06:20PM
from the ask-hn dept.

I was planning to move to London and open a ltd company in the UK but the pandemic happened. Now I don't know when I'm going to be able to do that (considering we're in the middle of the pandemic) or if it's a good idea anymore. Brexit, IR35, London being expensive and Covid in the UK.. the insecurity adds up. I'm reading that many people are moving out of (or have already left) London due to...

( Read More... | 15 comments | 4 points | on HN )