Overview
Tier 1 (Entrepreneur) Visa is
ideal for businessmen to invest some money in the UK. You should have at least
£ 50,000 to invest in order to apply for this visa. In practice, most people,
the fund will be held in a regulated financial institution should have £
200,000 available funds.
Specific Criteria In order to
qualify for a Tier 1 (Entrepreneur) visa, you must score 95 points in the Tier
1 points-based test. You will score points as laid out below. Specific criteria
For Tier 1 (Entrepreneur) visa to qualify, you need to score 95 points in the
Tier 1 Point test which is set by the UKBA. The classification of Points is
listed below:
Requirements (25 points)
To apply for a successful entrepreneur visa,
applicants must earn points based on the resources available to invest and sufficient
level of English as well available fund to maintain in the for a certain
period.
Candidates must have access to
one:
At least £ 200,000
AND
All of the above funds need to hold in one or
more regulated financial institutions. All of the above funds need to be free
to spend in the United Kingdom (disposable).
OR At least £50,000 from: 1 or
more registered venture capital firms regulated by the Financial Services
authority; or 1 or more UK entrepreneurial seed funding competitions listed as
endorsed on the UK Trade and Investment website, or 1 or more UK government
departments, which have made the funds available for the specific purpose of
establishing or expanding a UK business.
What is the English Language requirement?
Candidates should have Level B1 of the CEFR. List of English Language
Tests
What is the Maintenance (living costs) requirment?
Applicants must also meet the
maintenance requirements. This means that in addition to investment funds
complies with personal funds must show the UKBA that they will be able to pay
for themselves. How long? The permit is initially granted for three years.
Can I extend it?
Yes, if you can show that you
have invested funds. You also need to demonstrate that: have the created
employment for British citizen or permanent workers to these rules may be
flexible, and engaged in the business activity.
Does it lead to settlement?
Yes. It is also possible ', time
spent in the UK for fast track development when creating ten jobs or have an
annual turnover of £ 5 million per year. You may also be interested in a Tier 1
visa for investors when looking to invest in a company based in the UK.
Disclaimer:
The
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that the viewer / user. While all efforts -Data and accurate representation ,
no liability for the owners of errors, omissions , outdated information or
misleading information on these pages or other Web site links with these pages
.
Source
& Copyright: The source of the above visa and immigration information and
copyright owner/s is the:
–
The UK Border Agency – URL: www.ukvisas.gov.uk
–
The British Foreign & Commonwealth Office – URL: www.fco.gov.uk
The
viewer / user of this website if the indication of the above information, and
should always consult the above sources or government representatives from the
user to the updated information in a previous phase information at this point
in time before taking a final decision to go to that country or destination.
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