TIER 1 INVESTOR VISA

TIER 1 INVESTOR VISA

Tier 1 Investor Visa is specifically designed for wealthy foreign nationals who wish to relocate to the UK and invest a minimum of £1,000,000 in the UK economy. 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 but are prohibited from working in the UK. However, their spouse who is also granted entry into the UK on this visa is eligible for employment during their stay. Due to this, many applicants of the Investor Visa make the less active partner the main applicant. Investor Visa applicants are permitted to be accompanied by their spouse and children who can take advantage of the same benefits as UK citizens.

Eligibility

The Tier 1 Investor visa is quite different from other tier 1 visas as it does not require the applicant to have a sponsorship certificate from a licensed sponsor to gain entry clearance. Individuals can apply for the UK investor visa if they are non EEA and Swiss nationals.

The following enables applicants to qualify for this visa:

·         Applicants must have at least £1,000,000 which should be held in a regulated financial institution and disposable in the United Kingdom

·         Applicant own personal assets worth £2,000,000 in value after liabilities.

·         Applicants who are in the UK and wish to make an initial application for the investor category.

·         Applicants who are already in the UK under the former investor category and wish to extend their stay within the new tier 1 investor category.

·         Applicants who are already in the UK under the tier 1 investor category and who wish to extend their stay in the existing category.

·         Applicants applying from outside the UK for entry clearance on the investor category.