Redundancy

If you are made redundant, the first thing to discuss with your employer is whether they are prepared to be flexible with your visa status. If you have a good relationship with your company, you should have room to negotiate the terms under which you are leaving, and it’s a good idea to request a few months leeway so that you have the opportunity to find a new employer and sponsor. If this is not possible and your company wishes to cancel your visa immediately, you have a standard 30 day grace period within which to leave the country before incurring any fines for overstaying your visa.

Similarly, if you are in company accommodation, try to negotiate the date on which you need to move out. If your company has paid for your villa or apartment up front, they may let you stay for a fixed period. It is always a good idea to plan for every eventuality by putting money aside to act as a buffer should you lose your job; rather than incur large debts, this money can help pay for key bills like rent and car loans. 

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