The United Kingdom of Great Britain and Northern Ireland (UK), is a state located in the northwest of Continental Europe. Its territory is formed geographically by the island of Great Britain, the northeast of the island of Ireland and small adjacent islands. Northern Ireland is the only part of the country with a land border, which separates it from the Republic of Ireland. Great Britain delimits to the north and the west by the Atlantic Ocean, to the east by the North Sea, to the south by the English Channel and to the west by the Irish Sea.
The UK is a unitary state comprised of four constituent nations, Scotland, Wales, England and Northern Ireland, and several overseas territories. Populated by more than 65 million people. It is the birthplace of Shakespeare and The Beatles. The capital, London, on the River Thames, is home of British Parliament, Big Ben and the 11th-century Tower. Its official legal tender currency is the Pound Sterling (GBP), being the fourth most traded currency in the international exchange market behind the US$, the euro and the Japanese yen.
Although, UK is still a member of the European Union, its citizens voted in a referendum on June 23rd 2016, the untying of the state to the EU, the so-called BREXIT. Its terms are still being negotiated, with a 2 year term to become effective.
The United Kingdom is one of the world’s most developed countries. It is the fifth largest economy and the second largest in Europe after Germany, and ahead of France. Its technologically developed industry is comprised mainly of machinery, transport equipment (vehicles, railways and aeronautics) and chemicals. UK is also the second European producer of oil and gas, ahead of Norway. The services sector is the major GDP contributor, which includes the stock market, banking services and insurance companies. The London Stock Exchange is the second largest financial market after New York. Its agriculture is highly mechanized, its main productions are potatoes, beets, wheat and barley. However, it only accounts for only 1% of GDP and only 2% of purchasing power parity. Livestock is significant, especially sheep and cattle, being a large European producer of milk and its derivatives.
Flag Theory is a strategic internationalization process designed to optimize your personal finances and business. Below, you can find investment opportunities, banking and company options and incorporation, how to get residency and eventually citizenship in the United Kingdom.
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