Like other visas, an investor visa is also important in the UK. An investor visa is a visa that’s given to those who want to invest in a business in the UK. It is also known as a Tier 1 visa. This caters to those who want to invest a considerable amount of money in the United Kingdom and at the same time also prefer to reside in the UK permanently. However, it is also vital that the investment must be productive enough to generate wealth for the UK economy. The Tier 1 Investor visa is initially granted for a maximum period of three years and four months, allowing the applicant to conduct market research and identify an appropriate business to invest in. This visa is extendable, assuming all relevant requirements are satisfied, and it may eventually lead to permanent residence and UK Nationality.
When it comes to qualify for a Tier 1 investor visa, the applicant must have at least £1 million of their own funds which needs to be regulated financial institution that is disposable in the UK.
Investor visa holders can work in the United Kingdom. However there is no absolute requirement that they should work. Like other visas, investor visas are granted for three years which can be extended leading to Indefinite Leave to Remain (ILR). Eligible dependants may also qualify to be included and upon obtaining the visa, they may also work or study without any restrictions. ILR entitles individuals to permanent residency as well as visa-free travel to and from the UK. ILR holders may also be able to sponsor their non-British relatives into the UK and may also ultimately be eligible to apply for British citizenship.
When it comes to apply for an investor visa or other types of visa, Andrew Williams Solicitors is the right platform for you. We are a private limited firm dealing in investor visas and other types of similar services. If you complete our advice assessment, we will make it easy and hassle-free for you to get the documentation for an investor visa.
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