Reply to: TCS Cognizant etc

[perplexed]

They will have a war chest back in India or they would have invested all the money in properties which is quite common.

Indeed, some contractors I once worked with were open in that it was their only ever gig - when returning home were buying a hotel.

[BigDataPro]

I have noticed on Linkedin that a lot of Indians have been made redundant due to COVID in English Europe and are begging for a job.The problem is that they landed an English speaking role and the only available jobs require a foreign language.
After they pay their accomodation and food they send the rest of the money home.This means that they don't have a large war chest.

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They will have a war chest back in India or they would have invested all the money in properties which is quite common.

[Brussels Slumdog]

I have noticed on Linkedin that a lot of Indians have been made redundant due to COVID in English Europe and are begging for a job.The problem is that they landed an English speaking role and the only available jobs require a foreign language.
After they pay their accomodation and food they send the rest of the money home.This means that they don't have a large war chest.

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[dogzilla]

Ok DogZilla, I will bite:

And where are you going to live then given that the global tax avoidance scheme will affect us all?
And how are you going to live, if the intention is to be mortgage free and cash rich?

I don't earn enough money to get involved in the elite multi-national tax avoidance schemes, just small time avoidance for plebs like £2 a week home office and 40p a mile in petrol.

Very fortunate that the mortgages are paid off, the only question is where do I want to put roots down and spend the rest of my working/retirement life, hopefully in peace away from crowds of people.

Wife is an in demand doctor so fortunately have pick of quite a few countries which will take us. NZ or Canada are probably top of the list.

[rocktronAMP]

Importing skills to erode the rights and pay of national citizens is exactly what the globalist corporate capitalist neo-liberal goons intended, and it's happening everywhere.
The technology boom over the last 30 years has been a huge opportunity which has a few people unthinkably rich. Most of them going to great lengths to avoid paying taxes at the expense of everyone else, leading to this incredible global tax avoidance regime being accepted and normalised.

It's mad when you think about it. We're done as a country, as a society, as a species. I'm just hoping to make enough money with the time I have left to stay onto of the tulip pile that's burning away underneath my feet. Selfish I know but, that's life. Dog eat dog.

p.s Brexit won't change a thing in that regard. It's just more turmoil for them to profit off. The country will get sold off in chunks over the next few decades. The labour market is not going to magically get easier for all these people. It will get harder.

Ok DogZilla, I will bite:

And where are you going to live then given that the global tax avoidance scheme will affect us all?
And how are you going to live, if the intention is to be mortgage free and cash rich?

[dogzilla]

Importing skills to erode the rights and pay of national citizens is exactly what the globalist corporate capitalist neo-liberal goons intended, and it's happening everywhere.
The technology boom over the last 30 years has been a huge opportunity which has a few people unthinkably rich. Most of them going to great lengths to avoid paying taxes at the expense of everyone else, leading to this incredible global tax avoidance regime being accepted and normalised.

It's mad when you think about it. We're done as a country, as a society, as a species. I'm just hoping to make enough money with the time I have left to stay onto of the tulip pile that's burning away underneath my feet. Selfish I know but, that's life. Dog eat dog.

p.s Brexit won't change a thing in that regard. It's just more turmoil for them to profit off. The country will get sold off in chunks over the next few decades. The labour market is not going to magically get easier for all these people. It will get harder.

[Lance]

i thought they will need a sponsor?

nobody knows.
Aren't we expecting a new bill soon as we we enter the sunlit uplands?
Given an aging population, lack of skills and the political power to do whatever they want in the name of B*x** they may well allow Visas to go to contractors.
Or maybe even jobless people that match some arbitrary criteria. As long as we have 'control' of the borders.

[Old Greg]

then how will they be contractors?

That's a trade secret.

[LondonManc]

Indian universities are nowhere near the service provided by the UK universities. Being corrupt and political, it is not easy to get duplicate/copy of certificate. Originals will even be used to obtain loans in their name which makes it even more threatening.

Sounds like the finest oxymoron ever.

[BigDataPro]

You can get a fresh copy of your degree certificate for about £25 last time I checked (client was wanted inside leg measurement, etc. in screening!) so it's not exactly the worst threat.

The bigger issue is the stories that I have heard on Canary Wharf more than a couple of times - they come over via TCS, etc, have a year as a permie, go contracting for a year, pay nothing to HMRC and scarper back to India with pretty much their full day rate. Good luck finding them again.

Indian universities are nowhere near the service provided by the UK universities. Being corrupt and political, it is not easy to get duplicate/copy of certificate. Originals will even be used to obtain loans in their name which makes it even more threatening.

[LondonManc]

1. Sponsor and bring them in as employees (Only an Employer can sponsor, right)
2. Once landed, Individuals are responsible to find a contract + rent accommodation etc
3. Individuals operate through the Sponsor (Like an Umbrella) or through their own company
4. % of day rate goes to the Sponsor (usually 20%-30%)

Sponsors hold on to, usually something as a Degree Certificate as a collateral. Similar practices are in place for the US as well.

You can get a fresh copy of your degree certificate for about £25 last time I checked (client was wanted inside leg measurement, etc. in screening!) so it's not exactly the worst threat.

The bigger issue is the stories that I have heard on Canary Wharf more than a couple of times - they come over via TCS, etc, have a year as a permie, go contracting for a year, pay nothing to HMRC and scarper back to India with pretty much their full day rate. Good luck finding them again.

[BigDataPro]

then how will they be contractors?

1. Sponsor and bring them in as employees (Only an Employer can sponsor, right)
2. Once landed, Individuals are responsible to find a contract + rent accommodation etc
3. Individuals operate through the Sponsor (Like an Umbrella) or through their own company
4. % of day rate goes to the Sponsor (usually 20%-30%)

Sponsors hold on to, usually something as a Degree Certificate as a collateral. Similar practices are in place for the US as well.

[AnthonyQuinn]

The Oude Joris (UK) onshoring vehicle will sponsor them.

then how will they be contractors?

[Old Greg]

i thought they will need a sponsor?

The Oude Joris (UK) onshoring vehicle will sponsor them.

[AnthonyQuinn]

I’m getting pinged by my TCS / infosys buddies

All planning to come back to UK in Jan to work as contractors and permies


The UK's points-based immigration system: policy statement - GOV.UK


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i thought they will need a sponsor?