Who can apply for a Tier 1 Investor Visa?
You can apply for a Tier 1 (Investor) visa if you intend to invest £2,000,000 or more in the UK which is being held in one or more financial institute; and free to spend (dispose) on the Investment. This visa will be granted for up to three years and four months, with a possibility to extend for another two years; should eligibility requirements be met.
You do not require a job offer or a sponsor to apply for an Investor visa and can apply up to three months before you intend to travel. Unlike most visa applications you do not need to satisfy the English Language requirements or demonstrate you have adequate funds to support yourself.
Investor Visa holders are permitted to work, study or engage in business activities during their stay in the UK.
What are the new changes to the Tier 1 Investor Visa?
According to the new, 294-page statement of changes to UK immigration rules, Tier 1 investor visa rules have been significantly altered. The major rule changes affect the length of time an investor must have held funds prior to investing in the UK. he statement of changes makes it explicitly clear that banks will be required to carry out all necessary due diligence checks and enquiries and must confirm that these have been carried out before the visa application is progressed.For more information on the kind of companies you can invest in with a Tier 1 Investor Visa, the application process or the requirements, get in touch with our experts on 020 7887 1916, email info@alexandraspencer.co.uk complete the online contact form.
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