Strictly for Investors
The UK government closed the Tier 1 UK Entrepreneur Investor Visa in March 2019 and replaced it with the UK Innovator Visa and Start Up Visa.
Skills
Applicants must have the necessary skills, knowledge, experience and market awareness to successfully run the business and there must be evidence of structured planning.
Establish
This is a key distinction from the previous entrepreneur visa. The applicant must now have a genuine and original business plan. It must meet new or existing market needs creating a competitive advantage.
Legal Entity
This will include the potential for job creation and growth into national and international markets.
Setting Up
The UK Investment Visa is a Tier 1 visa, part of the UK Points Based System, offered to wealthy individuals willing to invest a minimum of £2 million in the UK. The higher the amount of money invested, the quicker the individual can apply for settlement and eventually British citizenship
Legal Stay
The visa category is usually for experienced business people who are looking to set up a business in the UK. It allows you to stay in the UK with your family for up to 5 years. You can apply for permanent settlement (Indefinite Leave to Remain) after completing 5 years in the UK.
Citizenship
After one year of holding Indefinite Leave to Remain, the applicant will qualify for UK Citizenship as long as you have not been absent from the UK for more than 450 days during the five years preceding your application and you have no criminal convictions or questionable circumstances.