UK INVESTOR Visa (Tier 1)
Residency | May Lead To Settlement In UK
The Investor Visa (Tier 1) is administered by the Visas and Immigration division, which forms part of the UK Home Office, and regulated by paragraphs 245E to 245EF of the Immigration Rules
The United Kingdom consists of England, Scotland, Wales, and Northern Ireland with a collective population of circa 66 million. Their capitals are London, Edinburgh, Cardiff, and Belfast respectively, and the official language spoken is of course, English. The currency used in the United Kingdom is the Great British Pound.
The UK is the fifth largest economy in the world and attracts more foreign investment than any other European country. According to the World Bank, it is the easiest European country to do business with. The UK is ranked 2nd in the G20 Global Innovation Index and has an innovative workforce, including graduates from 4 of the world’s top 10 universities. Businesses in the UK pay the lowest corporation tax in the G20 and have lower labour costs than business in Germany, France and Italy.
The United Kingdom was a member of the European Union (EU) from 1 January 1973 until withdrawing on 31 January 2020.
The UK tier 1 visa grants access to the United Kingdom, Common Travel Area and the Republic of Ireland. Furthermore, once permanent residence has been achieved through the UK tier 1 investor visa, it may be possible to apply for British citizenship. The nation’s entrepreneurial spirit and high standards of education and governance are set to remain as the nation continues to develop existing, whilst creating new international relationships.
With a time-zone between the US and Asia, it is ideally suited for international business and travel. The UK Investor Visa, which sometimes is informally referred to as the UK golden visa, has no English language requirement at the initial stage of application and opens a path to Permanent Residence in as little as two years, and UK Citizenship in as little as five years.
To acquire residence in the UK through the Tier 1 Investor Visa, an applicant is required to make an investment in share or loan capital, in active and trading UK registered companies. Indefinite leave to remain, also known as permanent residence, may be acquired as follows:
- GBP 2 million allows the applicant to apply for permanent residence after 5 years; or
- GBP 5 million allows the applicant to apply for permanent residence after 3 years; or
- GBP 10 million allows the applicant to apply for permanent residence after 2 years Investment;
Further to this, the amount of government-related administrative fees is GBP 1,623. This means that the minimum total capital outlay for a single applicant would amount to approximately GBP 2,001,623, excluding service providers’ professional fees and any other fees not mentioned herein. Applicants may also be initially required to pay the healthcare surcharge. The exact amount you have to pay depends on how much leave you’re granted, but typically it is approximately GBP 400 per year.
The CIVIQUO™ process starts by filling in our qualification questionnaire. The questionnaire is a simple online form which helps us to gather all your requirements, whilst ensuring that the essential criteria are met.
2. Receive Quotes
Our team will use the information you provide to find the best quotes in the market for you. Our growing international network of immigration professionals, means that we can provide the best quotes in the market, for any residency or citizenship programme, anywhere in the world.
We will send you the quotes and once you have identified a quote which best suits your needs, our team will reconfirm expectations on both sides, a client agreement is signed, and a deposit payment is made.
4. Application Process
Your chosen service provider, will work with you to start compiling the application. Our concierge-style support will ensure that the process of compiling the application is as smooth as possible.
Once an application has been submitted, the government authorities review the application and communicate the outcome. This period of time varies depending upon the programme, but it may be used to further explore what opportunities will become available once residency or citizenship are attained.
6. Renewal & Support
Some residency and citizenship programmes require compliance monitoring, and/or renewals, and together with our service providers, we will make sure that any renewals, or other interventions are done on time, and accurately. Even after this, the CIVIQUO™ team remains at your service.