UK Innovator Visa Explained

The Innovator visa is for experienced businesspersons seeking to establish a business in the UK. In most cases, the applicant will need to have access to at least £50,000 to invest in their business. Mann’s Solutions team prepared answers to the most common questions regarding the Innovator Visa.

1. Should I apply for the Innovator or Start-up category?

Our immigration advisers will help you with the right decision, as the right category will depend on your current circumstances and long-term goals in the UK. To make things clear, the Innovator route has a quicker route to settlement, however will require initial funding of at least £50,000. On the other hand, the Start-up route has a lower threshold for entry but allows more flexibility as individuals in this category are permitted to take other employment while their business gets up and running.

2. Is there an investment funds requirement?

The investor will need to have at least £50,000 available to invest in UK business and may rely on their own savings or funding provided by the endorsing body. However, the requirement to have a ‘viable’, ‘scalable’ business idea means that the investor may need to have more than £50,000 available for the investment. 

3. What do I need to know about Endorsing Bodies?

The Home Office has a list of endorsing bodies for Innovator visa applications that contains the names of all currently approved Innovator visa endorsing bodies, as well as links to their websites. To apply for a visa, the applicant will need to be endorsed by an approved UK endorsing body, Venture Capital Firms via submitting a business plan with the relevant idea, which is innovative, viable, and scalable.

Our immigration advisers can assist applicants to identify an appropriate endorsing body and then prepare a strong application for endorsement which demonstrates their business idea is innovative, viable, and scalable

4. Which endorsing body should I apply to?

The right endorsing body for your application will depend on your individual case and requirements. What needs to be considered is the field in which your business will operate, the timing of the application, location, and what support the business may require.

5. What documents have to accompany the endorsement letter?

For a new business endorsement, the endorsement letter must include the following documents:

– The endorsing body name

– Endorsement reference number

– Date of issue must be no earlier than the three months before the date of the application

– Applicant’s name, date of birth, nationality, and passport number

– Short description of the proposed business venture, products, and services it will provide

– Name and contact details of someone within the endorsing body who will certify the contents of the endorsement letter to the Home Office

– Proof the business is innovative, viable, and scalable as set out in the part W6 of Appendix W in the Rules

– Satisfy the endorsing body that the applicant will devote their entire working time to the UK developing business ventures

 6. Are there any restrictions regarding the business the investor can set up?

Your business idea may relate to any sector, provided the business idea is sufficiently innovative, viable, and scalable. Applicants can also develop other businesses as well as their main business idea.

7. How long will be valid Innovator visa once approved?

The initial Innovator visa will be granted for 3 years.

8. Will I be able to apply for ILR?

The investor will be able to extend an Innovator visa for periods of 3 years initially. There is no maximum time limit in the Innovator category. Moreover, visa holders will be able to apply for ILR (indefinite leave to remain) after spending 3 years in the Innovator visa category.

9. Are there any residency requirements for ILR application?

To qualify for indefinite leave to remain (ILR) the applicant has to spent not more than 180 days outside the UK in any rolling 12 month period, during the last 3 years prior to the application.

About Innovator Visa

UK Innovator Visa is a popular choice among our clients who want to start a business in the UK and settle within 3 years. The innovator visa category is designed for experienced businesspersons who have access to at least £50,000 to invest in their business, but certain exceptions apply. To start the company, applicants will need to have an innovative, viable, and scalable business idea that has to be approved and supported by an endorsing body.

What do you need to know?

Applicant’s partner and any children under the age of 18 may accompany or join them as dependents. Applicants can be the sole founder of their business and they can be a member of an innovator team. Each applicant must receive their own individual endorsement from an approved endorsing body, in order to satisfy the investment funds required for a new business endorsement, each applicant must have at least £50,000 investment funds each.

Contact our Immigration Lawyers – UK Business and Corporate Visas

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow. We are specialized in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration lawyers are regulated by OISC (Office of the Immigration Services Commissioner) and IMC (Investment Migration Council).

For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Photo by Mike Stezycki on Unsplash

Until 31/12/2021 The Family of 4 can obtain St Kitts and Nevis Citizenship for $150,000

According to the latest news, the Citizenship of St Kitts and Nevis can be obtained by the Family of 4 for $150,000, the offer will be valid until 31/12/2021. Previously, the family of four people was required to make $195,000 contribution.

The Program is one of the oldest Caribbean citizenship programs in the world. Besides, St Kitts Tax System is highly popular among foreign investors as it’s considered to be a Tax Haven. St Kitts and Nevis Tax System for individuals is most likely one of the best in the world as there are no taxes for inheritance, wealth, global income, and gifts. 

How to Obtain St Kitts and Nevis Citizenship?

STEP 1 – Read the Program Overview Below or Contact our Solution Advisers to discuss your personal case

Being one of the most trusted and successful programs in the world, St Kitts and Nevis Citizenship Program offer fast-track routes to acquiring a second passport in 2-3 months. The passport of St. Kitts and Nevis grants visa-free access to over 156 countries, including the European Union countries and the United Kingdom. St Kitts and Nevis Citizenship Program investment options start from $150,000.

STEP 2 – Learn more about secure and profitable investment options

Choose one of the following investment options to become St Kitts and Nevis Passport holder:

  1. $150,000 — Non-refundable donation to the government fund
  • Contribution to the SGF (Sustainable Growth Fund) is non-refundable
  • The donation amount may vary based on the number of dependents included in the main applicant’s application
  1. $200,000-$400,000 Real Estate Investment
  • Real Estate option should be approved by the government
  • $200,000 – joint investment with another main applicant (each applicant pays $200,000, and $400,000 in total). The property can be sold in 7 years.
  • $400,000 – real estate investment with minimum investment period – 5 years.

STEP 3 – Our Solution Advisers will advise, collect and prepare required documentation and application

Mann’s Solutions clients are supported during each step of the application. Our trusted advisers will collect and prepare all required application documentation for each family member. Moreover, our team will prepare tailored property selection depending on your requirement. At Mann’s Solutions, our goal is to make sure that every client is 100% satisfied with the investment option and finds the perfect second home.

STEP 4 – Receive your passport

The next step after submitting the application is receiving the passport. As St Kitts and Nevis Citizenship Program offer fast-track routes, the second passport can be acquired in 2-3 months. Right after the passport is granted, the whole family can start enjoying visa-free access to over 156 countries, including the European Union countries and the United Kingdom.

STEP 5 – Our Solution Advisers guide you for the next steps of managing your investment

Once your passport is granted, our team will help you to move to the desired destination. In case the passport was obtained for investment purposes, we will carefully guide you and advise on the next steps of your investment management.

LONDON BASED SOLUTIONS ADVISERS – St Kitts and Nevis Citizenship

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

  • Property virtual tours, 3-D tours and in-person tours available.
  • Due diligence checks and additional property checks completed by our experts.
  • Residency & Citizenship document preparation and submission.
  • Full support from until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Invest €250,000 in Real Estate and Obtain Greece Residency

Alongside with other European Golden Visas, Greece Residency Program popularity rapidly increases. According to an analysis from the Greek Bank, residential property prices not only held their ground but rose by 4.3%. Talking about commercial real estate, prices gained 1.2%.

What else do you need to know?

Greece Property Tax

In Greece, you are subject to taxation on a property either when you buy it or rent it out. The investor also has to pay taxes on the acquisition and pay a property tax each year.

Corporate Income Tax – 29%

Dividend WHT – 15%

VAT – 24%

Real Estate Transfer Tax – 3.09%

ENFIA (Uniform Real Estate Property Tax) – 0,0037-€11.25/sq. (principal tax)

TAP (Municipal Tax) – 0,025%-0,035%

Special Tax – 15%

About Greece Residency Program

Greece Residency Program is a low-cost route to obtain European Union residency for the investor and investors family. Greece Residency Program investment options start from €250,000 with a residency permit granted for 5 years. The fast application process takes only 60 days after which the whole family can travel without a visa within European Union and apply for Greek Citizenship after a set period.

Investors in real estate in Greece must keep in mind the additional taxes on real estate which are 3%- 24%. At €250,000 + taxes and fees (just over €300,000 in total) Greece Residency Program offers one of the lowest cost residency in Europe.

Greece offers both historical legacy and modern culture. Nowadays, Greece is well-knows for its natural beauty, stunning island and incredible coastline. Also, unique geographical position of Greece, make trade between EU and Middle East and Africa convenient.

Program Benefits

Greece Residency by Investment program, grants applicant with a 5-year residency permit and let’s apply for permanent residence and citizenship after this period if the applicant has spent at least 180 days per year in Greece and 7 consecutive years in the country. The program lets the whole family travel to European Union countries for 90 days and grants access to a high standard of education and living. In addition to that, there are no residency requirements.

Investment Options

  1. Real Estate Investment from €250,000

Residency permit for 5 years

Invest in one or several properties

The permit can be renewed for another 5 years by providing evidence that the permit holder still owns the property

2. Real Estate Lease or Timeshare from €250,000

Residency permit for 5 years

10-year lease or

Invest in a timeshare for tourist residences or hotel accommodation registered with GNTO (Greek National Tourism Organization)

LONDON BASED SOLUTIONS ADVISERS – Citizenship and Residency Solutions

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

Property virtual tours, 3-D tours, and in-person tours available.

Due diligence checks and additional property checks completed by our experts.

Residency & Citizenship document preparation and submission.

Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Photo by Hello Lightbulb on Unsplash

General Questions about Turkish Citizenship Program

Turkish Citizenship by Investment program is one of the most popular citizenship programs in the world. To make the application process easier and more clear, Mann’s Solutions team decided to prepare answers to the most frequently asked questions. 

The program lets obtaining a second passport within 2 months and has low entry investment options starting from $250,000 for the entire family. 

Is Turkish Citizenship granted for a lifetime?

The program lets obtain Turkish Citizenship for a lifetime and gives the investor the same rights as Turkish Citizens by birth.

Does the investor have to speak Turkish to be eligible for the investment program?

The investor and investor’s family are not required to speak the Turkish language in order to apply and benefit from the Turkish Citizenship by Investment program.

How long does it take to receive a Turkish Passport?

Mann’s Solutions team will help you throughout your application and during all steps of the citizenship acquisition process. As soon as you receive Title Deeds of the purchased property, your file will be handed to the related authorities. The evaluation procedures usually last from 45 days to 4 months.

Can I sell my property or obtain rental income from it?

The property can be left for rental income, or sold after 3 years from acquiring citizenship, without affecting the applicant’s citizenship. 

Are my spouse and children only allowed to apply for Turkish Citizenship? 

Turkish citizenship can be acquired also by the spouse and children of the main applicant and is transferable to descendants. 

What are the best locations to buy property in Turkey?

Antalya is quite often referred to as “the pearl of the Mediterranean.” The region offers superb views of the sea and mountains, long stretches of golden beaches, and 300 days a year of sunshine. The real estate market in Antalya is continuously expanding and offers non-residents countless options of property investment to choose from. 

 Istanbul is the 5th most populous city in the world and one of the largest cities in Turkey. The city can be considered the country’s leading hub of economy, tourism, and entertainment. On average, prices start from $60.000 and vary depending on the district’s infrastructure and history. 

Alanya is a scenic seaside resort is becoming more and more popular among tourists. Alanya represents 30% of foreign investments in Turkish real estate and properties in Alanya are available at far more reasonable prices, starting at $55.000. 

Yalova features emerald-green forests and the Marmara Sea with turquoise waves. The real estate market is growing and average property rates slowly increase. However, the prices are still considerably lower comparing to Istanbul, located within an hour’s drive. 

Are there any specific citizens who can apply within Turkish Citizenship by Investment program?

There is no regulations regarding nationality of the applicant. At the moment, citizens of any country are allowed to apply for the program.

What are the Turkish Passport Benefits ?

Turkey Citizenship by investment program grants the applicant and applicant’s family visa-free access to more than 115 countries including Singapore, Japan, Qatar, and South Korea. The program allows dual citizenship and does not require residency, the whole process can be obtained remotely. Turkish citizenship can be acquired also by the spouse and children of the main applicant and is transferable to descendants.  The applicant also will be able to relocate and establish a business in the US under the USA E-2 Investor Visa.

Turkey Citizenship Investment Options

Become a permanent resident of Turkey by choosing one of the following three qualifying investment options. The requirement for maintaining the investment is a minimum of 3 years from the date the residence permit is granted.

1.Property Acquisition From $250,000

  • Acquire residential or commercial property with a deed restriction not to sell for 3 years from the date of purchase, Investors have the right to acquire several properties, as long as the total amount complies with the requirements.
  • The property can be let for rental income, or sold after 3 years from acquiring citizenship, without affecting the applicant’s citizenship.
  1. Capital Transfer From $500,000
  • Fixed-asset investment confirmed by the Ministry of Industry and Technology OR
  • Deposit $500.000 cash in a Turkish bank for a minimum of 3 years OR
  • Buy government bonds with the potential to receive interest as income, Investments to be kept for 3 years.
  1. Creation of 50 Jobs or Business Investment
  • Set up a business and create jobs for at least 50 Turkish employees.

LONDON BASED SOLUTIONS ADVISERS – Turkey Citizenship by Investment 

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

  • Property virtual tours, 3-D tours and in-person tours available.
  • Due diligence checks and additional property checks completed by our experts.
  • Residency & Citizenship document preparation and submission.
  • Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Photo by Emre on Unsplash

Spanish Real Estate Sales are 91% higher than last year

One of the most profitable investment options of Spanish Residency Program is €500,000 investment in Real Estate. Keeping in mind that recently Spanish house sales already surpassed 2019 levels, the property market is not just recovering from last year’s slow down but is even more active than before COVID-19. Despite the lockdowns and travel restrictions, the data from Spain’s Registrars report showed that April’s house sales were 91% higher than in the same period last year.

About Spanish Residency Program

Spain Residency by Investment program is a perfect choice for acquiring European Union Residency for the whole family. The program provides 4 investment options starting from €500,000 and does not require a mandatory stay, unless the permit holder applies for permanent residency and citizenship.

Spain is one of the most attractive business markets in Europe and provides a set of competitive advantages. Few years ago, the economic growth in Spain stood at 2.6% and continue to grow yearly. The tourism sector is one of the key pillars of the country’s growth.

Spain can be considered as one of the most competitive countries in the EU. It has more than 46 million inhabitants and represents one of the top economies in the EU. Foreign investors can benefit of full access to the larger European consumer market, as well as access various aid programs applicable in the EU.

Program Benefits

With a minimum investment of €500,000, the Spanish residency program, grants applicant an initial 2-year residency permit that can be renewed every 5 years after the expiration and let’s apply for citizenship after living in a country for 10 years. It is not required to live in Spain to maintain and renew Residency Permit, however permanent residency and citizenship route requires the applicant and applicant’s family to reside in Spain. Besides, the program lets travel to Schengen Zone for 90 days without a visa and work in Spain.

Investment Options

Become a resident of Spain by choosing one of the following four qualifying investment options. The minimum investment period is 5 years.

  1. Real Estate Investment €500,000

€500,000

acquisition of property starting from €500,000

5 years

Minimum investment period

  1. €1,000,000 Shares or Businesses

5 years

Minimum investment period

The applicant has to invest in shares of Spanish companies

  1. €1,000,000 Bank Deposit

€1million

The applicant has to make a bank deposit account and transfer €1million to a Spanish bank account

Minimum 5 years investment period

  1. €2,000,000 Government Bonds

€2 million

The applicant has to invest €2 million into government bonds

5 years

Minimum 5 years investment period

LONDON BASED SOLUTIONS ADVISERS – Spanish Residency Program

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

Property virtual tours, 3-D tours and in-person tours available.

Due diligence checks and additional property checks completed by our experts.

Residency & Citizenship document preparation and submission.

Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Photo by VJ Von Art on Unsplash

The Best Places to Visit in Thailand

Thailand offers an affordable high standard of living for any taste and has something for every visitor. Mann’s Solutions Team prepared a list of the best places to visit in Thailand, the most popular attractions include spectacular ancient ruins, scuba-diving sites, quiet tropical islands, exciting nightlife, and multiple UNESCO World Heritage Sites.

1. The Grand Palace in Bangkok

The Grand Palace located in Bangkok also offers a breathtaking series of buildings surrounding it is now more than over 200 years old. The place remains perhaps the most famous and recognisable destination in Bangkok, Thailand.

While exploring the Grand Palace, we suggest visiting the Emerald Buddha and Wat Pho, which is home to the largest Buddha in Thailand. Visiting these places during the sunset would be particularly attractive. As the sky darkens, the Grand Palace is illuminated and becomes a very romantic experience.

2.Visit Thailand’s prettiest islands

Thailand is worldwide famous for its islands and boasts over 5,000 miles of coastline, all of which are just waiting to be explored. Our team recommends taking a boat tour and travelling by long-tail boat to discover as many beaches and islands as possible. Thailand’s calm sea and clear water are also perfect for kayaking, which is a great way to explore the islands without the masses on tourist boats or passenger ferries. The coastlines of Koh Tao, Koh Samui in the Gulf of Thailand, and Koh Phan Ngan are particularly picturesque.

3. Floating market experience

Damnoen Saduak, Ratchaburi is one of the most famous floating markets in the world worth visiting. The place is located 100km southwest of Bangkok en route to Hua Hin/Cha-am.

Another one, Amphawa Floating Market in Samut Songkhram is considered as a real gem. The market is open only in the afternoons and situated next to a beautiful temple. To our day, the markets are still very authentic and frequented by the locals. While you’re there, we suggest trying a range of Thai tropical fruits including custard apples, yellow longan, and the durian.

4. Discover ancient Khmer ruins

Angkor Wat is Cambodia’s undisputed travel icon. The place was originally built during the Khmer Empire as a Hindu place of worship and wander around similarly impressive Khmer relics, many built in the 12th century. We recommend going to the Phanom Rung, in the Buriram Province as it is located at the summit of a volcano. By reaching the top you will be greeted by views of Cambodia in the distance.

5. Enjoy the Hike through the UNESCO-listed nature

Thailand’s national parks are worldwide known for their beauty and scale. Many tourists enjoy UNESCO World Heritage Sites, and superb hiking and biking trails in plenty of spots. 

Mann’s Solutions team suggest visiting the following hiking trails and places: Khao Yai National Park (considered to be one of Asia’s largest monsoon forests); Doi Inthanon National Park (home to Thailand’s highest peak); Sai Yok National Park (offers spectacular waterfalls and caves) and Khao Sok National Park.

Thailand Elite Residency Program Overview

The Thailand Elite Residence Program offers investors and their families the right to live in the country for up to 20 years and access certain privileged services and benefits. Thailand is a well-known vacation destination located near Myanmar and Laos in Southeast Asia. The country is famous for its tropical beaches, ancient ruins, royal palaces and breathtaking temples.

The capital Bangkok, on the other hand is an ultramodern city and offers great business opportunities, spectacular views and iconic temples such as Wat Arun, Wat Pho and the Emerald Buddha Temple (Wat Phra Kaew). 

Investment Options

Become a resident of Thailand by choosing one of the following qualifying investment options. The Thailand Elite Residence Program offers seven program options, Elite Easy Access, Elite Family Excursion and Elite Superiority Extension are the most popular ones, find detailed information about them below. It is also possible to obtain Thailand Residency by making a Real Estate Investment under Thailand Elite Flexible One Program.  Contact our advisers for more detailed information.

1. Elite Easy Access

  • Provides with five-year privilege entry visa, the one-time fee is $19,000.
  • There is no annual fee and no age restriction.
  • The residence visa cannot be transferred but can be upgraded to the Elite Ultimate Privilege option for $50,000.

2. Elite Family Excursion

  • Designed for a minimum of two people, with a five-year residence visa for each member. The one-time fee of $25,000 covers both applicants.
  • Additional charge of $10,000 will be applied for each dependent. The applicant’s dependents can include legitimate parents, stepparents, spouse (including by civil union), children, and stepchildren.
  • There is no annual fee and no age restriction. The package includes complimentary VIP services.

3. Elite Superiority Extension

  • Provides with 20-year privilege entry visa for individuals who pay a one-time fee of $32,000.
  • There is no annual fee and no age restriction.
  • The package includes complimentary VIP services (government concierge services and airport services).

4. Real Estate Investment – Through Thailand Elite Flexible One Program

  • Purchase real estate to apply for a privileged multiple-entry visa
  • Minimum real estate investment of $320,000 is required.
  • Residence status for 5 years, with the option to upgrade to another program after 2 years.

LONDON BASED SOLUTIONS ADVISERS – Thailand Elite Residency Program

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

Property virtual tours, 3-D tours and in-person tours available.

Due diligence checks and additional property checks completed by our experts.

Residency & Citizenship document preparation and submission.

Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.