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August 19, 2021

Tier 1 Entrepreneur and Investor Visa

Tier 1 (Entrepreneur) is for non-European migrants who want to invest in the UK by setting up or taking over, and being actively involved in the running of, 1 or more businesses here.

If you have £200,000 to invest in a UK business (or £50,000 in some circumstances), can speak English and have enough money to support you and your family whilst in the UK, then you may be entitled to a Tier 1 (Entrepreneur) visa.  You would be granted three years initially and expected to employ two people full-time in order to secure a two-year extension in this category.

You would be entitled to apply for settlement after 3 years if you employed at least 10 UK residents in your business, and after 5 years in all other cases.

Tier 1 (Graduate) Entrepreneur
You can apply for a Tier 1 (Graduate Entrepreneur) visa if you:

  • are a graduate who has been officially endorsed as having a genuine and credible business idea
  • are from outside the European Economic Area (EEA) and Switzerland
  • meet the other eligibility criteria

Getting endorsed You must be endorsed by either:

Representative of Overseas Business
In addition to the Tier 1 routes, you may want to come to the UK to set up a branch of your existing overseas business.

You must be either;

  • the sole representative of an overseas company planning to set up a UK branch or a wholly owned subsidiary for an overseas parent company, or
  • an employee of an overseas newspaper, news agency or broadcasting organisation posted on a long-term assignment to the UK

Tier 1 (Investor) category is designed to allow high-net-worth individuals to make a substantial financial investment in the UK.

You are awarded points based on your ability to invest £2,000,000 in the UK.
You can apply under the investor category now if you are:

  • in the UK under another category and want to make an application as an investor (known as switching);
  • already in the UK in the Tier 1 (Investor) category or the former ‘investor’ category, and want to extend your permission to stay here under Tier 1 (Investor);
  • applying for permission to enter the UK (known as ‘entry clearance’) in the Tier 1 (Investor) category.

The Tier 1 (Investor) category is a fast-track to permanent residence and you do not need to be able to speak English in order to qualify.

Settlement
Depending on your level of investment in the UK, you must complete a continuous residence period of 2, 3 or 5 years here before you can apply for settlement.
During the continuous residence period, you cannot be outside the UK for more than 180 days in any 12 calendar months.

The continuous residence period is 2 years if:

  • you have money of your own under your control in the UK amounting to at least £10 million; or
  • you own personal assets with a value (once any liabilities are taken into account) of at least £20 million, and you have at least £10 million under your control and disposable in the UK which has been loaned to you by a UK regulated financial institution.

The continuous residence period is 3 years if:

  • you have money of your own under your control in the UK amounting to at least £5 million; or
  • you own personal assets with a value (once any liabilities are taken into account) of at least £10 million, and you have at least £5 million under your control and disposable in the UK which has been loaned to you by a UK regulated financial institution.

The continuous residence period is 5 years if:

  • you have money of your own under your control in the UK amounting to at least £1 million; or

you own personal assets with a value (once any liabilities are taken into account) of at least £2 million, and you have at least £1 million under your control and disposable in the UK which has been loaned to you by a UK regulated financial institution.

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