The UK Tier 1 Investor Visa was created for established international business people to enter and settle in the UK as high valued migrants.
What are the criteria for a Tier 1 Investor visa?
You must provide evidence that:
(a) You have £2 million under their control in a UK regulated bank
You must invest the money for 5 years in UK government bonds, UK equities or loan capital in active trading UK companies.
There is no requirement for business experience or English language requirements and employment is permitted under this visa.
You must make the UK your main home and spend more than 50% of your time in the UK.
Investment of £2 million Indefinite Leave to remain in 5 years
Investment of £5 million Indefinite Leave to remain in 3 years
Investment of £10 million Indefinite Leave to remain in 2 years
Benefits of Investors Visa
The Tier 1 Investor Visa is aimed at attracting high valued migrants with economic skills and experience to immigrate to UK on a permanent basis on order to contribute to and further develop the economy.
The Tier 1 Investor Visa provides a route to settlement/permanent residence in UK and, unlike temporary visas designed for short term solutions such as a visitor visa, no restrictions are placed on upon the work that can be undertaken.
No specific job offer is required as is the case with a work permit.
Successful applicants are granted 3 years stay in the UK with the possibility of an extension of a further 2 years if all essential requirements are met. Investor Visa applicants can manage their investments and their spouse who is also granted entry into the UK on this visa is eligible for employment during their stay.
The main applicant can be either the husband or wife and they can be accompanied by their children under the age of 18 years. If their child is above the age of 18, the applicant will need to transfer their assets to their child’s name and appoint the child as the main applicant. If the child intends to study in the UK, the parents can apply for the Investor Visa as the child can obtain immigration status as a student.
Accelerated routes to permanent residency are available if you invest £5 million which allows or settlement after 3 years or £10 million which allows for settlement after 2 years.
Applying for UK Citizenship
If you have lived in the UK for five or more years on the Tier 1 visa, you are eligible to apply for UK citizenship as long as you meet the following residency requirements:
Ardenleigh LLP work with experienced UK financial institutions and advisers to provide a complete service to Investors looking to stay in the UK under this scheme including arranging a loan facility to buy the bond.
For further information on different aspects of this visa, please call us or complete the information request form.