Tier 1 Investor Visa UK

History

The UK Government first launched the high-value investor visa scheme on 1 October 1994. Applicants are thus required to carry a minimum of £1 million within the UK for the year 2004 in order to take a position of £750,000 in Government bonds or corporate bonds. Additionally, the applicant had to form the United Kingdom their main home. In 2008, the government introduced the Points Based System. As of 6 Nov 2014, UK announced a rise in tier 1 investor visa from £1 million to £2 million.

Why investment UK visa?

• London is one of the foremost attractive cities to measure within the world, a serious financial centre offering a high standard of living.
• The UK has the simplest healthcare systems within the world.
• British citizenship after five years is extremely appealing
• UK gold visas offer an expedited path to permanent residency with £5m and £10m
• The UK has the simplest education system with a number of the highest universities within the world (e.g. Oxford)
• Property prices have fallen thanks to Brexit concerns, the simplest time to take a position in UK property market
• The falling value of the British pound actually makes the investor scheme cheaper. Recoverable full investment and therefore the money invested isn't wasted!
• The UK features a mixed, multicultural foreign population, English spoken everywhere and drives on the left.
• The UK has the simplest infrastructure and facilities for research and development in science and technology
• The UK is most engaging for investors and startups. The United Kingdom ranked first in Europe and sixth within the world to work a business.

Investor visa UK Benefits

• No personal interview.
• No English requirement to get a visa.
• No prior business experience needed.
• No checkup. No business experience.
• Government interviews are usually waived.
• Processing time is extremely fast, often 1 week to three weeks.
• The Fastest Golden visa i.e UK Tier 1 visa

The UK has also the fastest golden visa scheme i.e, investor visa UK within the world in terms of the time interval. The housing office makes decisions within 1-3 weeks. This makes it very attractive to HNW/UHNW applicants who don't need to attend an extended time, unlike US/Canada.

Investment conditions

The minimum investment UK visa required is GBP £2 million to be invested a minimum of for a 5-year term in Government bonds, a loan or share capital. Moreover, ILR is issued after a period of 5 years. The investor through investor visa UK isn't allowed to take a position this money in a property deposit. No employment is allowed. The investor is liberal to do whatever he wants with the remaining £250,000 money. The financing option is out there, but the investor has got to prove that he/she has a minimum of GBP 2 million in assets.

• Applicants must show that they need money of their own under their control during a regulated financial organization amounting to now but GBP 2 million.
• Must invest for five years within the UK for investor visa UK by way of UK government bonds, share capital or loan capital in active and trading UK-registered companies (other than those principally engaged in property investment). Investment UK visa in offshore companies not permitted.
• No business experience or the power to talk English. Applicants from countries like China, Nigeria and Russia are required to undertake a TB test before submitting their application. Investors are permitted to be gainfully employed under this visa or undertake a course of study within the UK.
• Investors and their family through UK Tier 1 visa must make the United Kingdom their main home. Applicants and their family shouldn't spend quite 180 days per annum outside the United Kingdom. Moreover, all children who applied as their dependents will only be granted ILR if both parents are eligible for the same.

Therefore, UK Tier 1 visa entry clearance mainly issued for 40 months. Within three months of entry into the United Kingdom, they're required to form the investment of GBP 2 million, which must be maintained throughout the amount of leave. As a matter of fact, at the expiry of the primary 40 month period, the applicant who is the investor must apply for an 'extension of stay'. The United Kingdom government will grant a two-year extension of stay to the entire family if the investor of investor visa UK has satisfied the needs for leave to enter, i.e. Maintained the investment and adhered to the opposite general conditions for leave to enter.

Upon successful approval of the appliance, the investor is going to be given a 3-year entry clearance visa (40 months), with 2-year renewals then after 5 years of domicile within the UK, they qualify for `permanent residence` or `ILR indefinite leave to remain` status, provided the investor through investor visa UK has maintained the invested money of £2 million, as stipulated by the program. Once ILR has been granted, you'll travel in and out of the United Kingdom any time. But you ought to not spend quite 2 years consecutively outside the United Kingdom.

Fees

• Application Fee: £1,623 for an Investor visa UK.
• Priority service: £500 with which decision within 5 days will be received for switching or extensions

Eligibility & Requirements

• Must maintain the said investment UK visa amount throughout without a decline in asset value.
• The applicants are required to be over 18 years aged.
• Need to spend most of the time in the UK as the main home (180 days allowed absence).
• No prior record needed
• Required to have sufficient financial means and accommodation
• Investor applicants must have money of your own, under your own control, held during a regulated financial organization and disposable within the UK amounting to not but £2 million. Thus, the cash needs to be disposable within the United Kingdom and therefore the applicant must open an account with the investor visa UK regulated financial organization

After entering the UK, the investment UK visa must be made within 3 months, Moreover, the investor is allowed to bring family and youngsters under 18 years old.

The investor through UK Tier 1 visa is going to be eligible to use for UK citizenship after 6 years of stay within the UK. The UK allows dual nationality, but please confine mind that your home country might not recognize it.

Source of funds

The Source is accepted under the gift, deeds of sale, evidence of a business, will, divorce settlement, award or winning

Points-based system

A points-based system had been introduced by the UK government for non-EEA immigration in the year 2008. The applicant must have a minimum of 75 points for the tier 1 visa.

Total 75 points awarded to applicants who:

• Has money of their own, under their control, held during a regulated financial organization and disposable within the UK for an investor visa UK, amounting to not but £2 million.
• Has opened an account in the United Kingdom, a regulated bank for the needs of investing not, but £2 million within the UK.
• Applicants can use money owned either jointly or solely by their spouse, civil partner, unmarried partner, but they need to have an unrestricted right to transfer and eliminate the cash and have permission from their partner to possess control of the cash within the UK. They need to provide evidence of the connection and permission to use the joint funds.

Investment offshore

The funds required must not be invested in companies, mainly engaged in property investment, property management or property development.

For more detailed information on a UK Tier 1 visa, you may write to us at info@swisimmigration.com