The Tier 1 Investor visa category offers high net-worth individuals like investors, business owners, entrepreneurs, and others the ability to relocate in the UK with their family. The regulatory bodies, the UK Visas and Immigration (UKVI) and the Home Office (HO), grant only a few hundred visas under this category in a year – that is why it is essential to have experts handle your visa application to ensure everything goes smoothly. Milestone Solicitors have extensive experience in offering immigration services to clients across the UK and a proven record of successfully handling Investor visa applications.
The Qualifications and Conditions for the Tier 1 Investor Visa
The visa category applies to the applicant and their immediate family members, such as spouse and children under 18 years of age. The Tier 1 Investor visa is initially given for three years and four months. The length of the stay can be extended to another two years if the application is able to prove that they have made an investment of £2 million during their stay in the UK. This visa category does not require the applicant to demonstrate their proficiency in English language.
The required length of time to be eligible for citizenship is influenced by the amount of investment:
- If you invest £10 million, you can apply for citizenship after 2 years
- If you invest £5 million, you can apply for citizenship after 3 years
- If you invest £2 million, you can apply for citizenship after 5 years
Other requirements that an applicant must meet include:
- You must be at least 18 years old.
- You must be economically self-sufficient.
- You must be a national of another county to apply for visa.
- You must be able to prove that the funds belong to you, your established partner, or your spouse. In addition, the funds must be held in approved financial institutions.
- You must have a recognised UK bank account.
The Tier 1 Investor Visa and your Family
When you apply for the Tier 1 Investor visa, you spouse and children are allowed to accompany you to the UK as your dependents. Your spouse will be granted permission to pursue a career by taking up any lawful employment. All your family members will benefit from free healthcare under the National Health Service (NHS). Lastly, your children will enjoy free education same as British children, but you have the option to send them to a private school as well.
Discuss your Needs with our Experienced Immigration Solicitors Today
At Milestone Solicitors, we are a team of experienced immigration solicitors who have an established reputation for efficient and effective processing and management of UK visa applications. We provide tailored solutions to clients that best suits their specific needs.
For more information, help, and advice regarding the Tier 1 Investor visa, contact Milestone Solicitors today to schedule an initial consultation.