Relocating to the UK – The Tier 1 Investor Visa Option
Are you considering options for your family’s relocation to the UK? Our UK immigration specialist can assist you in identifying the smoothest visa option to facilitate your move with ease and to provide security for your family in long-term planning towards permanent UK residence and citizenship.
In this Room 228 Newsletter we feature the UK Tier 1 Investor Visa.
The Tier 1 Investor visa category is for high-net-worth individuals who are able to make a substantial financial investment in the UK. As a Tier 1 Investor, you will be permitted to work, study and engage in business activities without requiring further visas. Dependent family members may also accompany or join you (the main visa applicant) in the UK, at a later date.
The Tier 1 Investor visa typically leads to settlement in the UK after a period of 5 years. As there is a sliding scale of investment between £2million – £10million, the UK Government offers an accelerated route to Permanent Residence (PR) to those Investor Visa holders who invest at the top end of the scale.
Unlike other visa categories, as a Tier 1 Investor you will not be required to provide evidence of your knowledge of English language or your ability to maintain and accommodate yourself and your family in the UK. There will be specific prescriptive requirements about the level of investment, the provenance of funds and the permitted vehicles for investment. We advise on all eligibility requirements, the process as well as the timing, preparation and submission of your application.
For those with the financial means to do so, the Investor Visa offers a high status and potentially fast-track route to permanent residence in the UK and also to British citizenship, if desired. We can discuss all aspects of your Tier 1 Investor visa application, including any relevant considerations for holding dual citizenship.
The exact requirements you will need to satisfy in any UK visa application process will vary depending on individual personal circumstances, so you really should obtain professional legal advice from a specialist immigration lawyer in order to fully understand those requirements and the longer-term picture for your settlement in the UK.
This Newsletter is not intended to be and should not be relied on as legal advice. You should seek professional legal advice before taking any action in relation to the subject-matter of this Newsletter.