Do you want to discover how much money you’ll need to move to the UK?
Now, in order for one person to migrate to the UK, you will require the following.
- Proof Of Funds (POF): 10 million Naira average (must be in the account for at least 28 days)
- Expenses: 5-7Million naira (From start till you settle in the UK for 2-3 months).
That is all you need if you are travelling alone to the United Kingdom. Continue reading if you are planning arrangements for additional individuals.
Add the following to the above for each additional person accompanying you:
- POF: 4Million Naira (must be in the account for at least 28 days)
- Expenses: 1 million Naira (From start till you settle in the UK for 2-3months)
Total Addition= 5 Million Naira
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- Around 25 million Naira for a family of three
- Approximately 30 Million Naira for a family of four
- Around 35 million Naira for a family of five.
Please keep in mind that the following estimates are dependent on a variety of factors. Yours may be somewhat lower or higher, but keep these estimates in mind.
Where you will Need to Spend Also.
Moving across the world comes with a slew of expenses! Here is a breakdown of the estimate. These are some aspects you will need to spend on
Flights: You will certainly need to spend on a flight. You can get this at a cheap rate if you know your way.
Travel Insurance: If you can’t afford travel insurance, you can’t afford to travel, according to the old adage. We fully concur. There are a variety of relatives inexpensive travel insurance products available these days, and if you’ve ever had the miserable (and costly) experience of becoming ill or injured overseas, having your belongings stolen, or having an emergency back home that requires you to fly home immediately, you’ll know it’s not worth risking your life by travelling without insurance.
Luggage: Do you need a new bag for a summer of European adventures? Or maybe you just want to bring a lot of stuff over to England? Excess baggage fees can be exorbitant, so it’s normally better to send a package of, for instance, winter clothes from home than to replace them all in the UK, or to carry them over on the flight with you when you first take off.
These are just a few, you should also know what you will spend for getting into and out of the airport. That is how we came about the above estimate and believe it will help.
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