The Tier 1 Investor visa is aimed at high-net-worth, non-EEA individuals over the age of 18 years old, who have £2,000,000 or more to invest in the UK.
Other than the usual requirements for a UK visa, applicants must be able to prove that:
At the time of application, the funds must be held in one or more regulated financial institutions (in the UK or overseas) and must be freely available to spend in the UK.
Applicants must be able to provide evidence showing:
If the money belongs to the applicant’s partner, the evidence must include:
To qualify for a Tier 1 Investor visa, the funds must be invested in qualifying investments, which include:
In practice, most UK registered companies that are listed on the UK stock exchange will qualify, unless it is engaged in one of the listed non-qualifying activities.
Previously, government bonds were a qualifying investment, but not anymore. If the Tier 1 visa holder, however, obtained the visa by investing in UK government bonds under the immigration rules before 29 March 2019, the Tier 1 Investor visa holder may rely on UK government bond investments for extensions of the visa until 5 April 2023, and for Indefinite Leave to Remain (ILR) applications until 5 April 2025. After these dates, Tier 1 Investor visa holders can no longer rely on UK government bond investments for extensions or ILR applications.
Investments that do not qualify include:
It should be noted that all the capital initially invested must remain invested for as long as the applicant remains in the UK under the Tier 1 Investor visa.
The initial visa is granted for 3 years and 4 months, after which the applicant can apply for a 2-year extension.
CONSULTATION FROM LONDON IMMIGRATION LAWYERS
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Mann’s Solutions is 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 lawyers regulated by OISC (Office of the Immigration Services Commissioner).
For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at email@example.com or call +44 207 993 63 46.