tier 1 entrepreneur visa

Tier 1 Entrepreneur Visa: All You Need To Know

Linkilaw Legal Advice

[tweet_dis_img]There has been new changes to the Entrepreneurship Visa that aren't all negative.[/tweet_dis_img]

What Is A Tier 1 Entrepreneur Visa And How Can You Find Out More?

This visa offers investors permanent residency in the UK when investing £200k into a UK business. It’s an ideal vehicle for non-EU citizens who want to migrate to the UK.

The key benefits include the following;

  • Residency where the visa allows the entrepreneur to work and live in the UK
  • The entrepreneur can bring his/her family to the UK
  • Immediate access to the UK educational and healthcare system
  • Also the opportunity to apply for permanent residency in the UK

What Is Required?

The visa operates on a points based system though the key factor is whether you have £200,000 available to invest in a UK business.

[tweet_dis_img]A key factor in the Entrepreneurship Visa is you must have £200,000 to invest.[/tweet_dis_img]
  • They must become a director in a UK business, speak an adequate level of English and be able to support themselves.
  • The visa is then issued with a minimum of 3 years and 4 months, a further extension of 2 years is also available.
  • These are the headline requirements – applicants are advised to get expert help in understanding all the conditions applicable.

Need Help/Guidance?

A number of services are available for further information and support about the application process for a Tier 1 Entrepreneur Visa.   They include everything from recommendation of an immigration lawyer to help with finding a suitable business to placement advice for new schools.

If unsure about the right advisors to approach, The British Council and/or UKTI is probably the best place to start.

Tier 1 Entrepreneur Visa