Tier 1 Investor Visa
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The Tier 1 Investor Visa is specifically designed for people who intend to make investments in the UK. The minimum investment required under this category is £2,000,000. Applicants will be granted 3 years stay in the UK, and if the funds have been invested in accordance to the Immigration Rules then you will be granted extension for 2 years. The dependents that are spouse, unmarried partner, civil partner and children can also join or accompany the main applicant.
In order to apply, applicants must:
Be over 18 years
Have at least £2,000,000 held in a regulated financial institution and disposable in the United Kingdom
These funds must be held for 3 months in the bank account
The funds must be held in one or more regulated institution
The money held should be disposable in the UK
If the funds are not held in the bank for less than three months then the source of the funds should be proved. The source of funding in this case can be one of the below:
Will
Divorce Settlement
Award or winnings
Gift
Sale deed
Evidence from a business
The minimum investment required is £2 million, which is enough for the initial application, though according to the new rules the qualifying period for settlement (also known as Indefinite Leave to Remain) depends on the sums already invested. There are 3 categories:
Apply to settle after 5 years if you invest £2 million
Apply to settle after 2 years if you invest £10 million
Apply to settle after 3 years if you invest £5 million
If you applied for investor visa before 6 November 2014, you can apply to extend your visa if you:
Have at least £1,000,000 under your control and have invested at least £750,000 (or 75%) of that in UK government bonds, share capital or loan capital in active UK company/ companies
Have made the investment within 3 months of your ‘investor start date’
The funds under your control in the UK
This sum should include the £750,000 (or more) investment and £250,000 (or the balance needed) to bring the sum up to at least £1,000,000. These funds can be either be;
Your own money,
Your partner’s money,
Money that has been loaned to you by a UK regulated financial institution, as long as you have personal assets with a value of £2,000,000 or more
You cannot mix the 2 sources of funds.
If you applied for your visa on or after 6 November 2014, you can apply to extend your visa if you have invested £2,000,000 under your control in the UK, have invested those funds in UK government bonds, share capital or loan capital in active UK companies invested this sum within 3 months of your ‘investor start date’.
Allowable Absences
The Tier 1 (Investor) migrants will be allowed to remain outside the UK to a maximum of 180 days in any calendar year, unless there are compassionate and compelling circumstances without losing their right to apply for permanent settlement after 2 years (£10 Million investment), 3 years (£ 5 million investment) or 5 years (£2 million investment).
The Tier 1 Investor visa holders have the following benefits:
Free education for children
Free healthcare for you and your family
Business opportunities
Less processing time in comparison to other visas, with investor visas usually taking between 15 days to 6 weeks to process
Accelerated route to settlement
Do you need to apply for a Tier 1 Investor Visa?
Speak to our experts to find out about our fast, friendly and affordable service
