retirement money - retire without money
 
<< Previous    1...   3  4  [5]  6  7  ...13    Next >>
 
MONEY. British money is the most incomprehensible on earth. Who dreamed up their money system I haven't the vaguest idea but it makes no more sense than their weights and measures. (The English "foot" which is also used in America, was decided upon because it was the length of the king's foot some centuries ago.)
At any rate, $3.20 in American money makes one British pound.
A pound is divided into twenty shillings which in turn consists of 12 pennies.
Coins come in halfpenny, one penny, three pence, six pence, one shilling, two shillings, two shillings and six pence. And paper money comes in 10 shillings, one pound and five pound notes.
If the above doesn't confuse you, you'll find that many prices are listed in guineas which are worth a pound, one shilling. But there is no such coin or note as a guinea. They also call their two shilling six pence coin a Half Crown, but there is no such thing as a "Crown."
To top it off, all the coins are called by slang terms. A shilling is a "bob," a pound is a "quid ," sixpence is a "tanner," two shillings is a Florin.
Until recently it was illegal for a foreigner to bring more than ten pounds into England from abroad but the law has been changed and now you can import as much British money as you wish. However, the pound is currently strong in New York and Switzerland and you make no gain on the free market exchanges. You can also bring as many dollars or other foreign currency into the country as you wish.
§
WORK PERMISSION. As I mentioned under Entry Requirements, you are not allowed to work in Great Britain without a work permit. This is issued—sometimes—by the Ministry of Labour and National Service, St. James Square, London, S.W.I. If you are either an immigrant or a student, such permission is quite readily granted. If you are neither, it can be difficult.
If the company for which you wish to work can prove to the government's satisfaction that an English citizen can't do the job, then you're in like Flynt. But if you're displacing an Englishman, you're out. For instance, Elizabeth Arden was able to employ a
<< Previous    1...   3  4  [5]  6  7  ...13    Next >>


Retirement Secrets - Retire Without Any Money - Introduction
Chapter 1 - Why You Should Consider Retirement
Chapter 2 - Where to Retire
Chapter 3 - When to Retire
Chapter 4 - Retiring on a Small Income
Chapter 5 - America's Bargain Paradises
Chapter 6 - America's Art Colonies
Chapter 7 - In Your Own Home Town
Chapter 8 - Mexico
Chapter 9 - Spain
Chapter 10 - France
Chapter 11 - Italy
Chapter 12 - Austria
Chapter 13 - Great Britain
Chapter 14 - Greece
Chapter 15 - Morocco
Chapter 16 - Japan
Chapter 17 - Here, There and the Other Place
Chapter 18 - How to Get Started - NOW
Chapter 19 - Principles of Wealth Acquisition
Chapter 20 - How to Get Retirement Ideas - and Spot Ideal Situations
Chapter 21 - Odds and Ends
Chapter 22 - The Last Word
Retirement Income Articles
Site Map

Visit Our Forum

The Retirement Blog

Last Updated: