Questions

I am a UK citizen but would like to move elsewhere (somewhere warm!) I have a business idea, but I'm not sure if I should move back to the UK to start my business, then take the business abroad at a later date, or whether it would be easier to settle in another country first and try to set up there. I'm not sure how possible it is to just 'move' a business especially with visa and permanent residence implications. Any advice welcome.

The first thing I would ask you is do you have the idea written down? Is your business plan clear to you and anyone you'd offer your service to? Do you have your goals and vision written down for your business? These are the first steps to consider. Once touce done all of that which is part of the business building process and also work. Begin to see if the business you have in mind firs the environment that your moving into. Is the city or nation your in a place that is conducive to business start up and development? What are the benefits of doing business in this place?
With the question your asking its important to think in the long term where are you going to end up, be settled and stable in?. Stability is key, there are ways that you can do part of your business wherever you are take baby steps and even earn a little income from it. For example being a consultant for your area of expertise, giving people advice for a fee. Then when it's time to move you can have some money in your pocket as well as experience. And once your settled work on the over all vision of your business. There is a lot to this question for further details on what are small steps you can take in your transition process. Feel free to reach out to me or contact me. Because there is a lot you can do where you are. But it's very detailed and tailored to your specific business. and it depends what your business is. Hope this helps


Answered 4 years ago

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