60-year-old man seeking investment advice for selling property

Hallo sir,I am serving in a private sector,and now I am 60 years old.I want to sale my landed property for around sixty lakhs.Where can I invest that amount so that I can get around 30 thousand per month for my living

Ans: You are 60 years old and plan to sell your property for Rs. 60 lakh. You wish to receive approximately Rs. 30,000 per month for living expenses. This is a common scenario for many retirees who wish to generate a steady monthly income after their working life.

Let’s explore the best ways to achieve your goal of a regular monthly income while keeping your capital secure and maximising returns.

Factors to Consider Before Investing
Before we dive into specific investment options, it’s crucial to evaluate a few factors that will influence your decision:

Risk Tolerance: Since you are nearing retirement, your ability to take risks is lower. Focus on less risky options with stable returns.

Inflation: Ensure that the income generated keeps pace with inflation over time. Rs. 30,000 today may not have the same purchasing power 10 years from now.

Liquidity: You may need to access the funds in emergencies. Ensure that part of your investment remains easily accessible.

Tax Efficiency: It is important to consider the tax treatment of your income sources to minimize the tax burden.

With these considerations in mind, let’s explore the available options.

Investment Strategies for Generating Monthly Income
1. Systematic Withdrawal Plans (SWP) from Mutual Funds
One of the most effective ways to create a regular income is through a Systematic Withdrawal Plan (SWP) in mutual funds.

Equity Funds: Equity mutual funds have the potential to offer higher returns over the long term, though they come with some risk. Withdrawing Rs. 30,000 per month while the principal continues to grow in value could be a good strategy.

Balanced/Hybrid Funds: These funds offer a balance between equity and debt. They tend to be less volatile than pure equity funds but can still provide inflation-beating returns. This mix can give you some capital appreciation while generating stable income.

Debt Funds: These funds are lower risk and can generate consistent income. Though they may not provide high returns, they offer stability and are less volatile.

With an SWP, you can withdraw a fixed amount each month from your investment. It allows you to receive a steady income while leaving the principal to grow or at least remain stable.

Ensure to consult with a Certified Financial Planner (CFP) to help you select the best funds suited for your risk tolerance and goals.

2. Senior Citizen Savings Scheme (SCSS)
The Senior Citizen Savings Scheme (SCSS) is designed specifically for retirees like you. It offers:

Guaranteed returns, with the interest being paid quarterly.
The safety of capital since it is backed by the Government of India.
The current interest rate on SCSS is competitive. By investing a portion of the Rs. 60 lakh (the maximum limit is Rs. 15 lakh), you can generate a safe and stable income.

This scheme would provide some of the guaranteed income, while the rest of your capital could be invested in other higher-return options.

3. Post Office Monthly Income Scheme (POMIS)
The Post Office Monthly Income Scheme (POMIS) is another safe investment option for retirees seeking regular income.

It offers fixed monthly interest payments.
The maximum investment limit is Rs. 9 lakh for joint accounts and Rs. 4.5 lakh for individual accounts.
Like SCSS, POMIS can form the fixed-income part of your portfolio. The interest earned can supplement your monthly expenses while keeping the capital safe.

4. Corporate Fixed Deposits (FDs)
Corporate FDs typically offer higher interest rates compared to bank FDs. However, they come with some risk, so it’s important to choose a company with a strong credit rating.

You can opt for non-cumulative deposits that pay monthly interest, providing a regular stream of income.
Ensure that you diversify the investment across different companies to mitigate risk.
Corporate FDs can provide a reliable income stream if you are cautious in selecting safe options.

5. Debt Mutual Funds
Debt mutual funds invest in fixed-income securities like bonds, government securities, and corporate debt. They are relatively low risk compared to equity funds and can offer decent returns.

They offer better tax efficiency than bank FDs if you plan to hold them for more than three years. Long-term capital gains (LTCG) on debt funds are taxed at a lower rate with indexation benefits.

You can use a Systematic Withdrawal Plan (SWP) with debt funds to generate monthly income, just like in equity funds.

By investing in debt funds, you may balance stability with better post-tax returns.

6. Monthly Income Plans (MIPs) from Mutual Funds
Monthly Income Plans (MIPs) are hybrid mutual funds that invest predominantly in debt but have a small exposure to equity (around 10-15%).

These plans aim to provide a regular payout to investors, though the payout is not guaranteed.
MIPs tend to generate slightly better returns than pure debt instruments because of the small equity exposure, but they carry a bit more risk.
While MIPs don’t offer guaranteed monthly income, they are more tax-efficient and have a higher return potential than bank FDs or post office schemes.

7. Tax Considerations
When you start withdrawing from your investments, it is important to keep taxation in mind.

SWP from Mutual Funds: If you invest in equity-oriented funds and hold them for more than a year, your long-term capital gains (LTCG) over Rs. 1.25 lakh will be taxed at 12.5%.

SCSS and POMIS: Interest earned from these schemes is fully taxable according to your income tax slab.

Debt Funds: LTCG from debt funds are taxed as per your income tax slab, but you get indexation benefits if held for more than three years, which can reduce your tax liability.

Make sure to consult with a CFP to understand the tax impact of your withdrawals and how to optimise them.

8. Emergency Fund and Contingency Planning
It’s important to maintain an emergency fund for any unexpected expenses that may arise.

Set aside 6 to 12 months of your monthly expenses in a liquid fund or short-term FD. This fund should be easily accessible at all times.

This will ensure that you don’t need to dip into your main investments for emergency needs.

By securing your immediate financial needs, you can better manage your retirement corpus.

Structuring Your Rs. 60 Lakh for Monthly Income
Given your goal of generating Rs. 30,000 per month, here’s a potential strategy for allocating your Rs. 60 lakh to generate regular income while maintaining safety:

Rs. 15 lakh in SCSS for guaranteed quarterly payouts. This will provide around Rs. 9,000-10,000 per month.

Rs. 9 lakh in POMIS for fixed monthly interest, generating approximately Rs. 5,500-6,000 per month.

Rs. 30 lakh in a combination of Debt Mutual Funds and Balanced Funds. You can initiate a Systematic Withdrawal Plan (SWP) for the remaining Rs. 15,000-20,000 monthly income, depending on the performance of the funds.

Rs. 6 lakh in a liquid fund or short-term FD for emergencies, providing immediate liquidity if needed.

This strategy provides a mix of safety, income generation, and some growth potential to keep pace with inflation.

Best Practices to Ensure a Secure Retirement
Diversification: Spread your investments across different asset classes to reduce risk. Avoid putting all your money in one product.

Review Your Investments Regularly: As your needs and the market evolve, review and rebalance your portfolio with the help of a CFP.

Health Insurance: Ensure you have adequate health insurance. Health costs can be significant in retirement, and having the right insurance can help protect your savings.

Don’t Depend Entirely on One Income Source: Ensure you have multiple streams of income, such as interest, dividends, or rental income, to reduce dependency on one source.

Estate Planning: Create a will and ensure your investments are in line with your estate planning goals to avoid complications later.

Finally
Your Rs. 60 lakh can comfortably generate Rs. 30,000 per month if invested wisely. The key is to create a diversified portfolio that balances safety, income, and growth. Combining SCSS, POMIS, SWP from mutual funds, and some low-risk debt instruments can help achieve your goal.

Review your investments regularly and ensure that your retirement portfolio remains aligned with your long-term financial needs.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: You have a salary-based income and are supporting your family. You are also selling a piece of land for Rs 20 lakhs, and you want to invest this amount for long-term purposes. You also want to understand the tax implications of this sale and ensure the investment aligns with your financial goals.

Let's explore both aspects: where to invest and the tax situation.

Tax Implications on Selling Your Land
From July 23, 2024, the new tax rules for real estate capital gains offer two options for taxation:

12.5% Tax Without Indexation: In this case, your long-term capital gains will be taxed at 12.5%, but you will not be able to adjust the cost of acquisition with inflation.

20% Tax With Indexation: This option allows you to adjust the cost of acquisition of the land with inflation, reducing the taxable gains, but you will pay a 20% tax rate on the adjusted gains.

It is important to decide which option benefits you based on how long you have held the property and the level of inflation over the period. A Certified Financial Planner can assist in calculating which of these options will give you better tax savings.

Long-Term Investment Options for Rs 20 Lakhs
Investing Rs 20 lakhs wisely can help you achieve significant financial growth. Based on your requirement for long-term investment, here are suitable options.

1. Equity Mutual Funds
High Growth Potential: Equity mutual funds have the potential to provide higher returns compared to other investment options. These funds invest primarily in stocks and are suitable for a long-term horizon of 5 to 10 years or more.

Diversification: Equity funds spread investments across various sectors and companies, reducing the risk of investing in individual stocks.

Tax Benefits: Long-term capital gains (LTCG) from equity mutual funds are taxed at 12.5% for gains above Rs 1.25 lakh. Short-term gains are taxed at 20%. Given your long-term perspective, equity mutual funds are a tax-efficient way to grow wealth.

2. Balanced or Hybrid Mutual Funds
Risk Mitigation: Balanced funds invest in both equity and debt instruments, providing a balance between growth and stability. These funds suit individuals who are not comfortable with the higher volatility of pure equity funds but still want exposure to growth.

Steady Growth: These funds generally give moderate returns but reduce the risk during market downturns. They are an excellent way to protect your investment while still allowing it to grow.

3. Debt Mutual Funds
Lower Risk Option: If you are looking for lower-risk investments, debt funds are a good alternative. They invest in bonds and government securities, offering stable returns. However, the returns are usually lower than equity funds.

Tax Efficiency: Debt funds are now taxed as per your income slab rate. Long-term capital gains in debt funds are taxed as per your income slab if held for over 36 months.

Capital Preservation: Debt funds are a better option for capital preservation, especially if you have low risk tolerance.

4. Systematic Withdrawal Plans (SWP)
Regular Income: If you prefer to have a fixed income from your investment, consider setting up a Systematic Withdrawal Plan (SWP) in mutual funds. It allows you to withdraw a fixed amount at regular intervals while the remaining corpus continues to grow.

Tax Advantage: Only the gains you withdraw are taxed, making it more tax-efficient than Fixed Deposits or other fixed-income options.

5. Public Provident Fund (PPF)
Safe Long-Term Investment: PPF is a government-backed scheme that offers an attractive interest rate and tax-free returns. It is one of the safest long-term investment options for risk-averse investors.

Lock-in Period: The lock-in period of PPF is 15 years, making it ideal for long-term goals like retirement.

6. Sukanya Samriddhi Yojana (SSY)
For Daughters' Future: If you have a daughter, this scheme is a highly tax-efficient and safe investment option. It offers higher interest rates than most small savings schemes, and the returns are completely tax-free.
Direct vs Regular Mutual Funds
It’s essential to clarify why direct plans of mutual funds, while attractive due to lower expense ratios, might not always be the best choice for investors.

Lack of Guidance: Direct plans do not provide access to advisory services. Without expert guidance from a Certified Financial Planner, it’s easy to make uninformed decisions that could negatively affect your portfolio.

Potential Missed Opportunities: By working with a Certified Financial Planner, you get personalised advice, timely portfolio rebalancing, and insights into changes in market conditions, which could significantly improve your investment performance over time.

For these reasons, regular plans through a Certified Financial Planner can be a more suitable option, especially for investors looking for long-term wealth creation with professional advice.

Actively Managed Funds vs Index Funds
While you are currently investing in index funds, it’s important to consider the drawbacks they have in comparison to actively managed funds.

Limited Returns: Index funds are passively managed, meaning they aim to match the returns of the index they follow. This can lead to underperformance in volatile markets.

Lack of Flexibility: Index funds do not have the flexibility to pick individual stocks or sectors that could outperform the index, which limits potential returns.

Market Risk: In a declining market, index funds will follow the index downwards without any strategy to minimise losses.

On the other hand, actively managed funds are handled by professional fund managers who use their expertise to pick the best-performing stocks, making them better suited for long-term wealth creation.

Insurance Considerations
If you hold LIC or ULIP policies, you may want to review their performance. Often, these policies do not provide competitive returns compared to mutual funds. Surrendering these policies and reinvesting in mutual funds can help you achieve better long-term growth.

Tax-Saving Opportunities
If you are looking to save tax on the sale of your land, consider reinvesting the gains in eligible capital gains saving schemes.

Capital Gains Bonds: Under Section 54EC of the Income Tax Act, you can invest the capital gains from the sale of property in bonds issued by the National Highways Authority of India (NHAI) or Rural Electrification Corporation (REC). These bonds have a 5-year lock-in period, and the interest earned is taxable. However, the principal amount is exempt from tax.

Residential Property: Another option is to reinvest the sale proceeds into buying or constructing a residential property under Section 54F. This option could also help you save on capital gains tax.

Final Insights
In conclusion, you have a variety of investment options that can help you achieve long-term financial growth. Based on your risk tolerance, you can choose between equity mutual funds for high returns, balanced funds for moderate risk, or debt funds for stability. PPF and SSY are great options for safe, long-term investments.

It’s also important to decide the best tax option for the sale of your land. Using the Certified Financial Planner's expertise, you can choose the right tax-saving strategy, whether it’s opting for indexation benefits or reinvesting in capital gains bonds or property.

By staying focused on long-term wealth creation, making informed decisions, and using expert guidance, you can grow your Rs 20 lakhs into a strong financial foundation for your future.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hi, I understand that you pursued a medicine course in Russia (a non-European country) and, since you are from India, you have completed the FMGE. Now you want to practice or work in the UK as a doctor?

Based on your question, you are eligible to practice in India after completing your internship (which you haven't mentioned, but I assume you have completed it). The FMGE is essentially a licensure exam for Indian students who have completed their medical studies abroad, so you are eligible to practice in India only.

If you want to practice medicine in the UK, you need to complete the PLAB test, as you are from outside the UK/Switzerland/European countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland).

You also inquired about sponsorship. Here is the information related to sponsorship for practicing medicine in the UK.
(Extracted from general medical council, uk org. )Applying for registration using sponsorship
If you apply through sponsorship, you will have to satisfy the sponsor that you possess the knowledge, skills and experience required for practising as a fully registered medical practitioner in the UK. Each sponsor has their own scheme which we have pre-approved. If you can satisfy the requirements of their scheme, they will issue you with a Sponsorship Registration Certificate (SRC) which you will need for your application with us. Please ensure this is a Sponsorship Registration Certificate for GMC registration, as we can’t accept UK visa sponsorship certificates for your application for registration.
Please note that a core part of all sponsors' criteria is that a doctor applying for an offer of sponsorship must have been engaged in medical practice for three out of the last five years including the most recent 12 months. If you cannot meet these minimum criteria, it is unlikely that you'll be able to supply sufficient evidence to support your application for sponsorship.
Doctors applying through sponsorship are required to demonstrate their English language skills by achieving our current minimum scores in the academic version of the IELTS test or the OET (medicine version).
• Alder Hey International Fellowship Scheme (Anaesthetics)
• Betsi Cadwaladr University Health Board - BCUHB IMG Sponsorship Scheme
• BAPIO Training Academy Ltd – BTA International Fellowship Scheme
• BAPIO Training Academy Ltd – International Training Programme for Postgraduate Doctors
• BAPIO Training Academy Ltd - BTA International Fellowship Scheme – Internal Medicine with interest in Oncology with MSc in Oncology
• Barking Havering and Redbridge University Hospitals NHS Trust - BHRUT Sponsorship Scheme for Overseas Doctors in Clinical Radiology
• Birmingham and Solihull Mental Health NHS Foundation Trust - International Medical Fellowship Programme in Psychiatry (Birmingham)
• Birmingham Women’s and Children’s Hospital – Birmingham Women’s and Children’s International Medical Graduate sponsorship scheme
• Bradford District Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
• Cambridge IVF, Cambridge University Hospitals NHS Trust – IVF Senior Clinical Fellowship Scheme
• Cambridge University Hospital – Senior Clinical Fellowship Scheme in Intensive Care Medicine/Anaesthesia
• Canterbury Christ Church University
• Cumbria Northumberland Tyne and Wear NHS Psychiatry Fellowship Programme
• Derbyshire Healthcare NHS Foundation Trust - International Medical Fellowship Programme in Psychiatry
• Dudley Group NHS Foundation Trust
• East Lancashire Hospitals NHS Trust - Clinical Fellowship in Urology or Ophthalmology
• East Lancashire Hospital NHS Trust - Specialist Clinical Fellowship in Pain Management
• East London NHS Foundation Trust (ELFT) – ELFT Advanced International Fellowship in Psychiatry
• East Suffolk and North Essex NHS Foundation Trust – ICENI Centre Fellowships Programme
• Edge Hill University and Wrightington, Wigan and Leigh NHS Trust – International Training Fellowships in MCh programmes
• ENT UK – Royal College of Surgeons
• Essex Partnership University NHS Foundation Trust – EPUT Advanced Fellowship in Psychiatry
• Frimley Health NHS Foundation Trust – International Fellowship in Regional Anaesthesia combined with MSc in Principles of Regional Anaesthesia at the University of East Anglia
• Great Ormond Street Hospital International Fellowship Programme
• Guy's and St Thomas' Hospitals NHS Foundation Trust – Critical Care
• Guy’s and St Thomas’ NHS Foundation Trust – International Clinical Fellowship Programme (ICFP)
• Guy's and St Thomas' Hospitals NHS Foundation Trust – Obstetrics and Gynaecology
• Guy’s and St Thomas’ NHS Hospitals Foundation Trust – Oncology Specialty Training
• Guy's and St Thomas' NHS Hospitals Foundation Trust – Specialty Training in Anaesthetics
• Harefield Hospital, Royal Brompton and Harefield NHS Trust – Anaesthesia and Critical Care
• Hertfordshire Partnership University NHS Foundation Trust
• Hull University Teaching Hospitals NHS Trust – International Fellows at Hull University Teaching Hospitals NHS Trust
• Humber Teaching NHS Foundation Trust - Sponsored International Fellowship Scheme in Psychiatry
• Imperial College Healthcare NHS Trust – Emergency Medicine
• Imperial College Healthcare NHS Trust – Haematology
• Imperial College Healthcare NHS Trust – International Anaesthesia Trainees
• Imperial College Healthcare NHS Trust – Intensive Care Medicine
• Imperial College, London - Clinical Research
• King’s College Hospital NHS Trusts – International Critical Care Fellowship
• King’s College Hospital NHS Trusts – Paediatric Critical Care Fellowship
• Lancashire & South Cumbria NHS Foundation Trust - Psychiatry specialty Fellowship Scheme
• Lancashire Teaching Hospitals NHS Trust - Overseas Registrar Development and Recruitment (ORDER)
• Leeds Teaching Hospitals NHS Trust – International Fellowship Programme
• Leicestershire Partnership NHS Trust – International Medical Fellowship Programme in Psychiatry
• Lincolnshire Partnership NHS Foundation Trust – CESR Fellowship in Psychiatry or Sponsored Fellowship in Psychiatry
• Lysholm Dept of Neuroradiology – National Hospital for Neurology and Neurosurgery, UCL
• Manchester University NHS Foundation Trust – International Fellowship Programme
• Midlands Partnership NHS Foundation Trust
• Ministry of Defence – International Military Clinical Fellowships
• Modality Partnership - Modality Primary Care International Fellowship Scheme
• NAViGO Health and Social Care CIC – International Medical Fellowship in Psychiatry
• NHS England, East of England - East of England International Office GMC Sponsorship
• NHS Fife – CESR Fellowship Programme in Psychiatry
• NHS Grampian – Psychiatry CESR Fellowship Programme
• NHS Grampian – Multi-specialty SAS Fellowship
• NHS Wales Shared Services Partnership (NWSSP) – All Wales International Medical Recruitment Programme
• Norfolk and Suffolk NHS Foundation Trust (NSFT) - Advanced Clinical Fellowship in Psychiatry
• North Lincolnshire and Goole NHS Foundation Trust (NLAG) Sponsorship Programme
• Northampton General Hospital – Clinical Fellowship in Regional Anaesthesia
• Northampton General Hospital NHS Trust - International Clinical Fellowship in Regional Anaesthesia, Vascular Anaesthesia, or Peri-operative Medicine
• Northamptonshire Healthcare NHS Foundation Trust – International Clinical Fellowship Scheme
• Northamptonshire Healthcare NHS Foundation Trust – International Clinical Fellowship Scheme (Psychiatry)
• Northern Care Alliance – NCA International Medical Fellowship Scheme
• Oxford University Hospitals NHS Foundation Trust – Oxford Eye Hospital
• Oxford University Hospitals NHS Foundation Trust – Oxford Intensive Care Medicine (OxICM) Sponsorship Scheme
• Oxford University Hospitals NHS Foundation Trust – Oxford University Hospitals Sponsorship Scheme
• Oxford University Hospitals NHS Foundation Trust – The Oxford International Neonatal and Paediatric Fellowship Programme
• Rotherham Doncaster and South Humber NHS Foundation Trust - Sponsored International Fellowship Scheme in Psychiatry
• Royal College of Anaesthetists – Global Fellowship Scheme (Anaesthesia or ICM)
• Royal College of Anaesthetists – MTI Scheme
• Royal College of Emergency Medicine
• Royal College of Obstetricians and Gynaecologists – MTI Scheme
• Royal College of Ophthalmologists
• Royal College of Paediatrics and Child Health – International Paediatric Sponsorship Scheme
• Royal College of Paediatrics and Child Health – MTI Scheme
• Royal College of Pathologists
• Royal College of Physicians of Edinburgh
• Royal College of Surgeons of England
• Royal College of Physicians of London
• Royal College of Physicians and Surgeons of Glasgow
• Royal College of Psychiatrists – MTI Scheme
• Royal College of Radiologists – Clinical Radiology
• Royal College of Radiologists – Clinical Oncology
• Royal College of Radiologists – RCR Specialty Training Sponsorship Scheme
• Royal College of Surgeons of Edinburgh
• Royal Devon and Exeter NHS Trust
• Royal Papworth Hospital NHS Foundation Trust – Senior Clinical Fellowship Programme in Anaesthesia and Critical Care
• Royal Wolverhampton Trust – Clinical Fellowship Programme
• Sheffield Children’s NHS Foundation Trust - Rotational Clinical Fellows in Paediatrics, Trauma and Orthopaedic International Fellows, and Subspeciality Fellows in Paediatrics
• Sheffield Health and Social Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
• Somerset NHS Foundation Trust – Somerset Overseas Doctors Sponsorship Scheme
• Somerset NHS Foundation Trust – Psychiatry Overseas Doctors Sponsorship Scheme
• South Warwickshire University NHS Foundation Trust - GMC Multispecialty Sponsorship Scheme
• South West Yorkshire Partnership NHS Foundation Trust – International Fellowship in Psychiatry
• Southmead Hospital, North Bristol NHS Trust – International Obstetrics and Gynaecology Training Programme
• St Bartholomew’s Hospital, Barts Health NHS Trust – St Bartholomew’s Critical Care Fellowship
• St George’s University Hospitals NHS Foundation Trust – International Anaesthetics Fellowship Programme
• St George’s University Hospital NHS Foundation Trust (Dr Nirav Shah) – International Intensive Care Medicine Trainees
• St George’s University Hospitals NHS Foundation Trust – International Emergency Medicine Trainees
• Surrey and Borders Partnership (SABP) NHS Foundation Trust – International Psychiatric and Community Paediatrics Sponsorship Scheme
• Tees, Esk and Wear Valleys NHS Foundation Trust – International Psychiatric CESR or SAS Fellowship
• University College London Hospitals NHS Foundation Trust, Department of Critical Care – Clinical Fellowship Critical Care and Perioperative Medicine
• University Hospital Birmingham NHS Foundation Trust - International Training Fellowship Programme
• University Hospitals Birmingham NHS Foundation Trust - UHB LED Fellowship Programme
• University Hospitals Bristol and Weston NHS Foundation Trust – Bristol Children's Hospital International Fellowship Scheme
• University Hospitals Bristol and Weston NHS Foundation Trust - Department of General Internal Medicine at Weston General Hospital
• University Hospitals Coventry and Warwickshire NHS Trust
• University Hospitals of Leicester NHS Trust - Postgraduate Clinical Fellowship Programme
• University of Buckingham – Master of Medicine
• University of Buckingham – Master of Surgery
• University of Chester and Cheshire and Wirral Partnership NHS Trust – International Training Fellows Psychiatry
• University of Hertfordshire – Professional Doctorate in General Internal Medicine (Clinical MD) Programme
KINDLY NOTE: If your sponsor is not on this list then you cannot apply using sponsorship.
If you have any further questions, please visit the GMC website for more information.

WISH YOU ALL THE VERY BEST.