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TIER 1 INVESTOR VISA
What is a Tier 1 Investor visa?
The Tier 1 Investor visa category is for high-net-worth individuals who are willing and able to make a substantial financial investment in the UK. Investor visa holders are permitted to work, study and engage in business activities. They can also be accompanied or joined by their dependants. The Tier 1 Investor visa typically leads to settlement in the UK after a period of 5 years. Accelerated settlement is available to Tier 1 Investor visa holders who invest more in the UK.
UK Tier 1 Investor visa requirements
In order to qualify for a Tier 1 Investor visa, you will need to satisfy the following UK Investor visa requirements:
You have funds amounting to at least £2 million belonging to yourself, your partner or the two of you jointly;
The money is held in a regulated financial institution;
The money is freely transferable to the UK and able to be converted to pounds sterling;
You have opened a bank account with a UK regulated bank for the purpose of investing not less than £2 million in the UK.
If you have held your investment funds for less than 2 years then you will need to prove the source of your funds and, in every case, the Home Office will need to be satisfied as to the provenance of your funds.
If applying for a UK Investor visa from overseas, you and any adult dependents will need to provide an overseas criminal record certificate for any country that you have lived in for at least 12 months in the last 10 years.
As a UK Investor visa applicant, you will not need to satisfy any English language or maintenance funds requirement.
The only qualifying Tier 1 Investor visa investment options are share capital and/or loan capital in active and trading UK registered companies. You will need to make a qualifying investment within 90 days of entering the UK Investor visa category.
Tier 1 Investor visa ILR
You may be eligible to apply for indefinite leave to remain in the UK as a Tier 1 Investor after spending 2, 3 or 5 years in the UK. The requirements that you will need to satisfy in order to qualify for ILR as a Tier 1 Investor visa holder will depend upon when your initial Tier 1 Investor visa was granted and the amount of your investment.