Immigration to the UNITED KINGDOM operates on a point- based system (PBS). Applicants need to score a certain number of points to be allowed to enter or stay in the UK , with point being awarded according to specific criteria & whether the applicant is likely to comply with their immigration requirements while in the UK is through the tier 1 (investor) visa. It is Designed for those who intend to make a substantial contribution to the UK, this category permits wealthy overseas nationals to quickly secure residency on the basis of their investment. In fact, the process only takes a few weeks, depending on the particular Consulate in the Investors’ home country.
WHAT IS THE TIER 1 (INVESTOR) VISA?• No requirements as to the Investor’s education, age , language skills or business experience;
• No requirements as to how many full time jobs the investors need to create. Investors do not need to hire any workers in the UK if they invest their money into UK Government bonds or share capital or loan capital in any active & trading UK registered companies other than those engaged in property investment;
• No investment until the application is approved;
• Investor’s family, including spouse & children under age 18 are all permitted to enter the UK & to apply for permanent residence in the UK at the same time as the Investor;
• A year after receiving permanent residence status in the UK, Investors & all accompanying family members may apply for citizenship.
QUALIFICATIONSAs with all categories of Tier 1, the investor category requires the candidates to meet or exceed a pass mark of 75 points by which can be obtained by satisfying one of the following criteria:
Net Assets
£ 2,000,000
£ 10,000,000
£ 20,000,000
Investment
1,000,000
5,000,000
10,000,000
Residency
5 years(no change)
3 years
2 years
DO I NEED TO HAVE EARNED THE MONEY FOR THE INVESTMENT MY SELF?
No. the money can be a gift, inheritance, loan , deed of sales, award or winnings. The only requirement is that you will need to show that the money is held under your own name or in a joint account at least 3 months at the time of the application. In the event of you receiving the money as a gift, you will only need to show that the gifted money was held for at least 3 months under the name of the person giving the gift.
CAN QUALIFIED INDIVIDUALS FROM ANY COUNTRY APPLY OR ARE THERE RESTRICTIONS BASED ON CITIZENSHIP?
Citizens of any country may apply for permanent residence in the UK through the Tier 1 (Investor) visa. As long as the main applicant does not travel outside the UK for more than 3 moths at a time within the validity of the visa & has sufficient funds to maintain, support & accommodates themselves & their family in the UK & has a sufficient investment capital.
MAINTAINING RESIDENCY
In order to qualify for indefinite leave to Remain, the principal applicant (investor) must be in the UK 6-12 months. for anyone who is frequently out of the country for business, this means filing the application under the non-travelling spouse’s name. After being granted indefinite Leave to remain, all family members must be in the UK a minimum of 9 months in order to be eligible to apply for citizenship.
The information is subject to change. Please contact us for the latest update.