#UK IMMIGRATION# Introduction After immigrating to the UK, what are the daily expenses? This is something closely related to life, and everyone must understand it. Next, I will introduce to you the currencies and credit cards used by British immigrants. Welcome to read!

Currency

The British currency is the pound (￡), and 1 pound is equal to 100 pence (p). There are no exchange controls in the UK, so you can bring any amount of cash in and out of the country. Scotland has its own pound banknotes, which have the same denomination as banknotes in the rest of the UK and can be used anywhere in the UK, but generally other parties are reluctant to accept Scottish banknotes. Scottish ￡1 notes cannot be used outside Scotland.

Compared with carrying large amounts of cash, travellers’ checks are the safest way, but some places do not accept travellers’ checks. Keep your traveler's check receipts separate from the checks themselves. This makes it easier to get a refund if your check is lost or stolen. Some major banks can cash travelers checks free of charge to the account holder of the check. When you change money, exchange it for a smaller denomination so it's easier to use.

Tipping

In the UK, it is generally necessary to tip taxi drivers and restaurant waiters. The tip is usually 10 to 15. Many restaurants automatically add a service charge to the bill, so check the bill before deciding whether to tip. Tipping is not required when purchasing a drink at a tavern or bar.

Tax-free (VAT) shopping

Most goods and services sold in the UK are subject to Value-Added Tax (VAT), with the exception of food, books and children's clothing. VAT is usually included in the list price. Visitors arriving from outside the EU and staying in the UK for less than three months can claim a VAT refund. Please bring your passport with you when shopping. When purchasing goods, you must fill out a form in the store and give a copy to customs when leaving the country. You may be asked to show your purchase as proof of purchase. If you entrust the store to send the goods, the VAT should be deducted before you pay.

Credit cards

Credit cards are very commonly used in the UK. In fact, a credit card is required when renting a car and booking certain hotels. But many small shops, hotels, markets and cafes may not accept credit cards or have minimum spend requirements, so be sure to ask before buying. Accepted cards are usually posted on the store window. The UK uses a "chip and PIN" system rather than a signature system. You will need a four-digit PIN, so ask your bank before leaving the country.

You can use your credit card to withdraw cash at any bank or ATM with the corresponding card type logo, but it must be within the allowed limit. The credit card company may charge you interest on the cash withdrawal, which will appear on your statement along with the amount pre-withdrawn. You may also need to pay a currency conversion fee.

Extended reading: List of documents for British investment immigration application

1. Photo of the applicant (white background, no frame, size 45mm × 35mm, taken within the past 6 months , it can be issued before the visa is issued);

2. The main and subsidiary applicants’ passports (original and copy) are valid for at least 6 months;

3. The main and subsidiary applicants Old passport (original), if available, is required;

4. Household register (original, copy, translation);

5. Marriage certificate (original, copy, translation)

6. Child’s birth certificate (original, copy, translation): If you already have children, you need to provide it;

7. Letter of proof of funds from a British bank (original, copy, translation) Copy): provided by our company;

8. Visa rejection letter (original, copy) issued by the British Immigration Bureau: If there is a history of British visa rejection, it is required;

9. Certification letter (original, copy) issued by a British school: If you are a sponsored British student, you need to provide it;

10. The visa fee is 8,400 yuan per person and changes with the exchange rate;

11. The online application form, supplementary form and time appointment form (original) must be signed by the applicant. With the customer's consent, you can make an appointment at the VIP service hall (only in Shanghai, Guangzhou, and Beijing), and you do not have to wait in line to submit the visa. The application center charges an additional 250 yuan/person;

12. Proof of asset source (possible If necessary), you can first inform the customer to be mentally prepared. The policy may change in the future, and you may be required to provide proof of asset source.