fbpx

Tier 1 Investor visa: Qualifying and Non-Qualifying investments

uk visa
UK Visa Update: Full advice for temporary UK residents and UK Visa applicants outside the UK
March 29, 2020
tier 1 entrepreneur visa extension
Tier 1 Entrepreneur Visa Extension Application during COVID-19
April 3, 2020
tier 1 investor visa

Our clients asking our immigration lawyers in regards of required Investments for Tier 1 Investor visa and which of them qualified and not qualified.

Qualifying Investments below:

  • The applicant must have a minimum of £2m available to invest in the UK.
  • The funds must be invested in the UK in qualifying investments, including:
    • UK Government Bonds, if the Tier 1 (Investor) migrant obtained their visa on the basis of the Immigration Rules in place before 29 March 2019. Please note that Tier 1 (Investor) migrants who obtained their visa under the Old Rules will only be able to rely on investments in UK government bonds for extension applications submitted before 5 April 2023 and for indefinite leave to remain (ILR) (also known as permanent residence or settlement) applications submitted before 5 April 2025. Tier 1 (Investor) migrants submitting extension/ILR applications after these dates will no longer be able to rely on investments in UK Government Bonds;
    • share capital or loan capital in active and trading UK registered companies, other than those principally engaged in property investment, property management or property development; or
    • pooled investment vehicles which receive funding from the UK government or a devolved government department or one of its agencies.

 

  • Tier 1 Investor migrants have the option of investing more than £2m and reaching certain higher thresholds will result in a quicker route to ILR:
  • apply to settle after 2 years if you invest £10 million
  • apply to settle after 3 years if you invest £5 million
  • apply to settle after 5 years if you invest £2 million
  • Investments against which loans have been taken out or investments that are held in non-UK custody accounts are not permitted.
  • An “active and trading UK registered company” means a trading company that is doing business, not a dormant or non-trading company. It must:
    • be registered with Companies House;
    • be registered with HMRC for corporation tax and PAYE;
    • have its registered office in the UK;
    • have a UK business bank account showing regular trade of its own goods and services; and,
    • have at least two UK based employees who are not directors.

 

All the capital that forms part of the initial investment must remain invested while the applicant is in the UK under the Tier 1 Investor Visa category. That is, once the Tier 1 Investor Visa migrant has purchased their initial £2m of qualifying investments, all of the capital must remain invested for the duration of the Tier 1 Investor Visa migrant’s stay in the UK. Applicant is not required to top-up the value of their portfolio if the market value of their investments falls.

Non-Qualifying Investments below:

  • Funds invested via an offshore company/trust
  • Funds invested in open-ended investment companies, investment trust companies or pooled investment vehicles, because ultimately the underlying investments cannot be guaranteed to be in the UK,
  • Funds invested in companies mainly engaged in property investment, property management or property development,
  • The funds cannot be solely invested by using deposits with a bank, building society or other enterprise whose normal course of business includes the acceptance of deposits,
  • ISAs, premium bonds and saving certificates issued by the National Savings and Investment Agency.

CONSULTATION FROM IMMIGRATION LAWYERS IN LONDON

You can request consultation from our immigration lawyers over the phone as in person.

Mann’s Solutions is international immigration law firm with offices in London, Hong Kong, Istanbul 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 enquiries@manns-solutions.com or call +44 207 993 63 46.