The UK Investor Visa, namely, the Tier 1 (Investor) Visa is essentially tailored for the high net worth people, keen to shift themselves and their family to the UK. The number of these visas offered per annum is not high.
The UK Investor Visa Tier 1 Category applies to the primary applicant and every close family member, comprising spouse and kids below 18 years. The visa is based on a person’s prosperity and readiness to invest money in the UK interests. While this is an inactive investment, work, study and business goings-on are allowed.
The overseas immigration motivated investors, seeking a UK Residency Visa, may consider the Tier 1 Investment Visa. It necessitates an investment of 2 million British Pounds and enables impermanent residency in the country for the investor and their close family members.
This residency continues for not more than 3 years and 4 months even as the candidates may submit an application to make the period of the residency longer for another 2 years. It can be done, via offering proof that an investment of not less than 2 million British Pounds was made in the nation.
As long as any reduction in the value of your investments is based mainly on the market fluctuation, and you transferred the funds inside a period of 3 months of landing in the country, and the combined total investment is still over 1 million British Pounds, there is no reason whatsoever as to why you will not be given an extension. In case these terms & conditions are not fulfilled, then, of course, the extension could be denied.
You may then submit an application for indefinite leave to remain, post 5 years and the much sought after British citizenship, post 6 years. In the wake of two years, you may make an investment of 10 million British Pounds with a view to settle permanently (or 5 million British Pounds post 3 years), or minus any further investment, extend and wait the 5 years.
As mentioned earlier, partners and dependent kids are in a position to join you on this visa even while they are 100% free to do a job and attend school. Your partner and dependent kids may submit an application for the prized residency under the Tier 1 Investor Visa. Given the fact that the primary candidate requires to live in the nation for over 6 months, it is now and then advantageous for the partner or the dependent kids to present a petition as main aspirant.
Tier 1 (Investor) Visa Requirements
Now let’s check the primary requirements for the UK Investor Visa in detail and point wise!
- You must possess not less than 1 million British Pounds at your disposal.
- You must be prepared and willing to make an investment of 750,000 British Pounds of that money in either unit trusts or private firms (not bank accounts, property developing or offshore organizations). With a view to get the Tier 1 Investor Visa, you may make an investment in the UK Administration bonds, share capital or loan capital in active and trading UK registered organizations. You do not have the right to make an investment in the firms involved in property investment.
- You may not be engaged in any capability except than running your investment.
- You must be duly equipped to spend not less than half of your time in the country.
- You may invest the rest of the 250,000 British Pounds however you want.
- You must fulfill the English language ability terms & conditions. It is mandatory for those, who lack a degree taught in English, to sit and successfully sail through the International English Language Testing System (IELTS), obtain not less than 6.5 on every of the 4 components. The IELTS measures the capability to converse in the English language across each of the 4 language skills – listening, reading, writing & speaking – for those who plan to pursue studies or proffer their professional services where English is used as the main language, for the communication purposes.
- You must have adequate funds, as stipulated by the British Administration at the time of petition.
Summary: Check the page and learn about the well-known UK Investor Visa, called the Tier 1 (Investor) Visa.