How can I work and settle abroad? What are the options for the same?
I've completed MBA in HR from ACBSP accredited college in India in 2015. I have 2 years of work experience in HR (Recruitment, HR, OD). Currently, working in a UK based MNC in India.
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2 Answers
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You will have to clear IELTS to get there for further studies or if a company sponsors you then you can get a job there.
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You can try to do internship or look for a consultancy, which can place you. It's not easy to get desired job roles in abroad.
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Yes, students can generally open multiple accounts in the bank as there is no restyriction from the banks for the same. Students can even multiple accounts with the same bank, given that they are eligible for the same.
Many students use a traditional high-street bank (like Lloyds or HSBC) to have their student loanor salary paid into these accounts and to pay major bills. However, students often use a digital bank (like Monzo or Revolut) for daily spending, travel, and budgeting. Having multiple accounts does not harm the credit rating of the students as long as they are managed responsibly.
Also known as the online or “challenger banks”, Digital banks like Monzo, Revolut, Wise and Starling operate entirely online (through a mobile app) with no physical branches. They are extremely useful for students because of the services they offer, such as:
- Quick and easy account setup.
- Excellent real-time budgeting tools and spending analytics.
- Fee-free (or very low fee) spending abroad.
- Instant notifications for all transactions.
- Easy ways to split bills with friends.
For expats in the UK, HSBC Expat and Barclays International are the best banks, known for their experience with international customers. These banks have several policies in place that benefit expats living and working in the UK.
With HSBC Expat, users can avail of services like offshore banking, international transfers, and multi-currency accounts. This banking service is particularly useful for those who travel between different countries often and have income assets in various currencies. On the other hand, Barclays International provide options for sending and receiving money internationally and managing finances across border
Students can choose the best banks for themselves in the UK based on their needs. Students choose banking services according to the features that benefit them the most, which include proximity to their universities, easy money transactions, a free and hassle-free banking app and other useful services such as - “money pots”, interest-free overdrafts, cashback rewards, and mobile banking. For this reason, HSBC, Barclays, NatWest, and Santander are the most popular banks in the UK among international and Indian students. However, digital banks like Monzo, Revolut and Wise are also widely used for their easy INR to GBP (and vice-versa)
Each bank in bank has some unique features and/or policies for international students that attract the students based on their needs. Here are some of the most referred to banks in the UK by international students:
HSBC and Barclays are great for their global presence and easy setup. The HSBC bank is famous for its features like mobile banking, contactless debit cards, and potential discounts from partners. While Barclays is typically known for its optional overdrafts and money management tools
Santander Bank provides a student account with some good benefits for students and is excellent for its free Railcard perk.
Monzo, Wise and Revolu
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