TALK about the United Kingdom or England – in any language and to anyone – and you’d be hard pressed to find a clueless response. More than any country in the world, including the United States of America, the UK has succeeded in stamping its mark in the global arena in more ways imaginable.
Even the Union Jack has become a trademark (!) – as a motif on t-shirts, on the covers of mobile phones and other mobile devices, on bags and as key chains. Some supermarkets have even taken to branding some of their shelves with UK-imported items!
With world class education, retail, fashion, food, the English Premier League, music, the UK has made its home in the hearts of global citizenry, including Malaysians.
Some trivia here – as of October last year, there are about 70,000 Malaysians living in the UK, including students, according to the Malaysian High Commissioner to the United Kingdom, Datuk Seri Zakaria Sulong.
In 2012-2013, the number of international students going to study in the UK still surpassed the 300,000 mark – this despite stricter visa restrictions imposed by the Home Office.
Zooming in closer to home, the number of Malaysians studying UK qualifications currently hovers around the 50,000 mark. Meanwhile, the number of Malaysian students studying tertiary courses in the UK is at a staggering 14,500 in 2013, making Malaysia one of the largest overseas student groups in the UK, and making the UK the country with the second most number of Malaysian students.
With the high number of international students in the UK and insufficient accommodation catering to demand, UK student property has become a profitable venture for investment. With people become more affluent, there is even a demand for more luxurious student accommodation. This would include features like a fully-equipped gym, yoga/Pilates studios, 24-hour concierge, more spacious rooms, etc (yes, seriously!)
What does UK Inc. mean to you? Is it Manchester United or Liverpool? TopShop or Karen Millen?Marks & Spencer or Tesco or Waitrose? LSE, Oxford University or the University of Kent? Or is it the beautiful landscapes of Canterbury and Scotland, the historical cities of London and Bath, or the incredible sounds of the Beatles, Arctic Monkeys and Mumford & Sons?
Share with us your views and comments below. You may also share this UK Inc. article using the social buttons.
CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts.
Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.
Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260