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UK Immigration: The rules for Tier 1 (Investor) Visa has been changed

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The most prominent visa category for overseas investors who would like to settle in the UK has been changed and amended in order to avoid and control source of investment funds of the applicants.

Last week, UK government announced several reforms to the Tier 1 (Investor) route.

The following changes applies:

  • Overseas Investors require to provide evidence that they have been in control of the investment funds for at least last 2 years, rather than 90 days, or provide evidence of the source of funds

 

  • UK banks must confirm that necessary checks have been done before opening an investment account for overseas investor

 

  • Clear and precise of the rules regarding investment in companies

 

  • Investments does not include government bonds.

Read more in the Statement of Changes published HERE

For further information or to discuss your personal circumstances in consultation, please contact our Advisers at enquiries@manns-solutions.com or call +44 207 993 6346.

Mann’s Solutions has expertise in offering UK Immigration services and legal support to individuals and corporate companies, our specialists provide an advice on UK visas including Tier 1, Tier 2 and other categories, including permanent residence and settlement status in the United Kingdom.

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