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Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

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Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#61
post #53

Earlier quoted context omitted.

London day rates I've seen for contractors are more like 700 - 900/day on average at places that pay a bit better and 1000+ for specialists. And base salaries I've seen advertised for senior developers at funded startups (e.g. Wagestream, Truelayer) are more like 105k now (more for higher levelings - i.e. Principal/Staff).

Good news about the day rates! I wonder how much of this is about stack - most of my knowledge is of the generic Java development scene, and I'm extremely out of touch even with that now On the permanent positions, that sounds like a seniority thing. The people I know aren't staff or principal. I know someone who's sort of head of engineering at a small but healthy startup, and I think he's on 120k or something.

I hope to see day rate contracting adapt to the new legislation and make a big return, though i'm not holding my breath.

As a data point, i'm London based, moved from £800 per day to £140k permanent position last year. "Lead Architect" role, whatever that means these days and ~18yrs experience in the industry. I'll be returning the contract work as soon as I see the market bouncing back.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#62
post #22

Earlier quoted context omitted.

Something like this, but not quite this. The going rate for a good senior developer at a decent company is on the order of 80 - 90 k (maybe more). Where by "good" i mean "Pivotal Labs alumnus", and "senior" i mean 5+ years experience, and "decent company" i mean successful FTSE100 company or funded startup, since those are most of the data points i have. That's base salary, and there will be pension contributions, be…

London day rates I've seen for contractors are more like 700 - 900/day on average at places that pay a bit better and 1000+ for specialists. And base salaries I've seen advertised for senior developers at funded startups (e.g. Wagestream, Truelayer) are more like 105k now (more for higher levelings - i.e. Principal/Staff).

7-900 is VERY high for dev contractors based on my view of the marketplace.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#63
post #40
post #16

Earlier quoted context omitted.

People will say that. But I'd point out that if you're working for a typical tech company--or, indeed, most companies employing professionals--you're probably covered by health insurance through your employer. You're often paying for some of it and you'll have some out of pocket up to a max, but the amounts involved are likely modest compared to salaries.

Yep exactly. it's important to remember that most of SWE are spared from the ugliness of the healthcare problems in the US yet enjoy higher salaries and lower taxes than most of Europe. So it's almost a net win in this regard.

Not having one's health insurance tied to one's job is still a Good Thing, though.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#64

Earlier quoted context omitted.

"crisis" in UK terms...London is moderately expensive in international terms but has come down significantly over the past ten years as price growth levelled off, Bristol is rising but still pretty cheap (and it is rising because so many companies are moving there), Brighton is expensive but there are lots of other commuter options, Edinburgh (the city I am most familiar with) is not expensive...it is up a lot becaus…

London is absurd place when it comes to costs. It's very similar to NY, but then to find a tech job that would pay £100K+ is virtually unheard-of except some niche jobs in financial sector or super-ultra-specialised in tech companies. The same job with Google pays 2-3 times less than in the US..

> The same job with Google pays 2-3 times less than in the US..

Is that the case? (a) How does Google justify that internally? (b) Doesn't it cause a huge amount of ill-feeling internally? (c) If that is so why are there people elsewhere in this thread saying that FAANG jobs pay very well in London?

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#65
post #8

Earlier quoted context omitted.

I don't understand as well..why are compensations so low in London compared to other places? I mean even if you consider cost of living..not good at all

The exchange rate. London was relatively competitive when the exchange rate was above $1.5 for a pound. Note that it was approaching $2 for most of the 2000s until the financial crisis. You could make bank easily in London as a contractor (very low taxes), maybe more than in the Silicon Valley. Then over the last decade the exchange rate plumetted and the cost of rent/home doubled, while salaries and daily rates didn…

It's current $1.37, which isn't too bad. Depending on how the next couple of years go, it may go either way. Sadly (for me), I think it's going to head towards $1 rather than $2.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#66

What are the advantages of this in a world which is transitioning towards remote work? The UK has the best and cheapest process to incorporate a company (it takes literally 15 mins and 40£ to form an LTD) And you can be CEO from everywhere in the world! Granted the country you are living in might receive your UK LTD bank account informations pursuant the Common Reporting Standard/Global FATCA [0] That opens a whole l…

The UK has a favourable human rights record compared to almost everywhere else in the world. It is a significantly better place to live than most countries on earth if you are in any minority category.

Civil amenities are also significantly improved, as well as one of the most effective (physical) and cheapest health care services.

For all the crap it has received over the last decade, much of it justified, it is still an excellent place to be.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#67
post #63
post #40

Earlier quoted context omitted.

Yep exactly. it's important to remember that most of SWE are spared from the ugliness of the healthcare problems in the US yet enjoy higher salaries and lower taxes than most of Europe. So it's almost a net win in this regard.

Not having one's health insurance tied to one's job is still a Good Thing, though.

I agree, but in Germany for instance, if you don't have a job you'd have to pay everything yourself unlike when you're employed, you pay 50% and your employer pays the other 50.

Not as bad as having different insurance altogether based on your employer though, but similar.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#68
post #3

If you can qualify for that, you might also qualify for O1/EB1 visas in the US which gives a fast track to green card. From what I've heard London has similar high cost of living to Silicon Valley but much lower software engineering compensation, so seems a less desirable place for engineers to work.

Or Express Entry for Canada. https://www.canada.ca/en/immigration-refugees-citizenship/se...

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#69

Earlier quoted context omitted.

London is absurd place when it comes to costs. It's very similar to NY, but then to find a tech job that would pay £100K+ is virtually unheard-of except some niche jobs in financial sector or super-ultra-specialised in tech companies. The same job with Google pays 2-3 times less than in the US..

> The same job with Google pays 2-3 times less than in the US.. Is that the case? (a) How does Google justify that internally? (b) Doesn't it cause a huge amount of ill-feeling internally? (c) If that is so why are there people elsewhere in this thread saying that FAANG jobs pay very well in London?

People transfer but whilst your base salary is adjusted, RSUs and options generally stay the same.

Re: Ask HN: Did anybody apply for UK Global Talent visa? How did it go?

#70
post #19

> the requirements seem intimidating Don't be discouraged from applying because of this! The UK parliament published a report stating that the UK gov failed advertising this visa with too stringent requirements [1]. In reality, you definitely don't have to be a Nobel prize laureate to get this visa, especially if you go through the 'Promising Talent' route. If you apply, the only thing you lose is £450 and some time.…

wow great info
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