This has caused a bit of a stir because the UK hasn't quite understood the relative weakness of wage growth for the last 10 years. The culturally understood milestones of "high pay" 30/50k have also not increased with inflation.
I get paid well for the UK - but I could triple or even quadruple my salary in the US/Australia. Combined with relatively high taxes (my marginal tax rate is 60%) - it isn't a great value proposition for many professionals, and despite the luxuries (healthcare, gun control) - almost everyone I know is eyeing the exit.
The worst thing about it all is our healthcare is barely even a benefit anymore. You’d be more likely to find a leprechaun than get an appointment with a doctor and don’t get me started on dentistry.
Ha! From your surname I'm assuming you have some ties to India?
There are companies that specialise in medical tourism but I wonder how feasible it would be for an individual who was completely unfamiliar with India.
You are correct about my ties to India but it is super feasible for someone without any ties.
The one thing I would stress is to do your research before going and find a credible medical centre. Booking appointments in India for dentists or doctors is pretty painless — very often you can get seen for a consultation in the same day, sometimes within minutes.
The one benefit of having ties to the country is that I have family on the ground whom already know of reputable doctors/dentists which makes it easy to avoid the horror stories (which are in the minority).
To clarify my experience: I had a root canal in the UK after being attacked with a weapon which crushed my front teeth.
I regularly got abscesses in the area for years and they were always treated with antibiotics and a pat on the head.
It flared up while I was visiting family in a very small village in Punjab and they sent me to their dentist.
It turned out that the dentists in the UK had been wrongly diagnosing and treating what turned out to be a root canal which was not properly completed (the dentist failed to remove the entire root).
This lead to an infection which grew over the period of roughly 12 years and spread into the actual bone of my jaw, eating away at it.
I needed a re-canal and an operation to remove the infection. Over the course of two weeks I had the operation and re-canal completed for roughly £50.
It’s been two years and there have been no problems at all.
Where are you based? I'm in central London and - whilst I agree it has been and could be better - have had no problem getting an appointment. Most of it is app based now, right? I'll message in the morning or the night before, a doctor will video call within 48 hours (usually, but often same day) and will ask me to come in if I need to. Otherwise they'll just prescribe after the call and send the prescription to my local pharmacy.
Hackney, Islington, Tower Hamlets, Greenwich - definitely my experience. People are definitely trying, even if it doesn't always work. Hope you get a bit more lucky next time!
Personal allowance tapers after 100k, making the effective marginal rate 60% between 100-125k. If you include student loan payments too, it's actually more like 69%!
There are other even more extreme marginal rates hidden in the tax system if you have children, I believe there are even some circumstances of >100%
Absolutely. The 60% marginal rate will still kick in somewhere though, with the recent increase in annual pension allowance I guess it would be 160-185k, which would actually make it 65% as it'd be on top of the additional rate.
Healthcare is free in UK of course and this is hug compared to US situation, but I do have a few older friends who moved to EU simply because there are countries with as good healthcare and much less waiting.
I don't think that's the case - looking at levels.fyi, London pays more than anywhere outside the US and Switzerland. Definitely more than Australia, despite a lower cost of living.
I get paid well for the UK - but I could triple or even quadruple my salary in the US/Australia. Combined with relatively high taxes (my marginal tax rate is 60%) - it isn't a great value proposition for many professionals, and despite the luxuries (healthcare, gun control) - almost everyone I know is eyeing the exit.