Joske Thompson
- Oct 10, 2019
- 4 min
London is the political, economic and cultural capital of Britain, and its world class tourist attractions are internationally renowned. London boasts 30 historic gardens and 123 historic buildings, and additionally has more than 200 museums, 600 cinema screens, and 108 music halls. London's 33 boroughs, including the City of London, are spread over an area of 607 square miles.
The river Thames runs through the center of London, from Greenwich in the east, through the central London borough of Westminster, to Richmond in the west. Beautiful parks and open spaces cover about 1/3 of the city, so there are plenty of places to relax, weather permitting.
London is incredibly well-connected and toured, with 5 international airports and the high-speed Eurostar rail link. More than 50 countries are within a three-hour flight time and 310 international destinations have direct links to London.
London is the center of the world – and a world in one city, with a wealth of cultural diversity and communities across the capital. It has more than 300 languages and cuisine from over 70 countries. While English is the official language, several European languages are very widely spoken in and around London. Given the size of the large multicultural population, many other languages are also used in everyday life.
Island Nation
The Largest City in Europe
The First Underground Railway
72 Michelin Star Restaurants
International Entertainment
World Shopping Destination
Vegetarian/Vegan Friendly
Organic Food Available
Beautiful Public Parks
Culture Mecca
Business Destination
Nightlife Destination
Museums, Theaters, & Restaurants
Joske Thompson is a licensed Global Real Estate Advisor and has been trained as a Certified International Property Specialist to specifically address the needs of those looking to purchase property in California as a foreign national and U.S. nationals looking to purchase property abroad. He is the President of the San Francisco chapter of FIABCI, an elite network represented in 65 countries with members from all professions of the real estate sector. His extensive knowledge on international property and investment practices, paired with his robust worldwide network, affords Joske the competitive edge to deliver successful strategies for his global clientele. As a member of Top Agent Network, Joske is locally recognized as a top agent in San Francisco.
7% MORE COSTLY
Food: +42%
Housing: +40%
Clothes: +10%
Transportation: -46%
Personal Care: +53%
Entertainment: +12%
Total Difference: +7%
Exchange: .769 GBP/USD
ABOUT THE SAME
Food: +9%
Housing: +40%
Clothes: -6%
Transportation: -48%
Personal Care: -6%
Entertainment: -5%
Total Difference: -3%
Exchange: .09799 GBP/HKD
9% MORE AFFORDABLE
Food: +12%
Housing: -7%
Clothes: +26%
Transportation: -30%
Personal Care: -1%
Entertainment: +9%
Total Difference: -9%
Exchange: .569 GBP/AUD
20% MORE AFFORDABLE
Food: +1%
Housing: -14%
Clothes: +17%
Transportation: -52%
Personal Care: +15%
Entertainment: +3%
Total Difference: -20%
Exchange: .2094 GBP/AED
The London Economy
as of Aug. 2018
London At a Glance
The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output.
GDP: $321B
GDP Growth: 1.8%
GDP per Capita: $39,900
Government Type: constitutional monarchy
Trade Balance/GDP: -4.4%
Population: 64.8M
Unemployment: 4.9%
Inflation: .7%
Forbes Rankings
Trade Freedom: 17
Monetary Freedom: 25
Property Rights: 13
Innovation: 12
Technology: 4
Red Tape: 13
Investor Protection: 10
Corruption: 10
Tax Burden: 23
Certified International Property Specialist
1699 Van Ness Avenue, San Francisco, CA 94109
/ Tel. +1 (415) 345 3100