LOCATION: Northwest Europe
LANGUAGE SPOKEN: English
CURRENCY: Pound Sterling
MAJOR INDUSTRIES: Tourism, Construction, Media, Banking, Insurance, Finance
The Tier 1 Investor category has the shortest Investor Immigration application processing time amongst the G8 countries.
UK Citizenship Requirements:
The British government in 2019 launched two other new visa categories aimed at attracting entrepreneurs, the Innovator Visa and the Start-Up Visa. The Innovator Visa was launched in March 2019 to “enhance the UK’s offer to overseas entrepreneurial talent” and is aimed at more experienced business people while less-experienced investors seeking investment immigration were encouraged to apply for the Start-Up Visa. The Tier 1 Innovator Visa requires a minimum investment amount of 50,000 GBP allocated into the business. The applicant must be granted an endorsement letter from a Home Office-approved endorsing body. The applicant must also have English language skills at the requisite level (at least CEFR level B2).
An Innovator Visa is valid for three years, during which time the applicant is allowed to bring over family to the UK and start a new business. In order to obtain settlement, the applicant must seek for an endorsement following an assessment of the viability and growth of the business. If the endorsement is granted, the applicant may obtain Indefinite Leave to Remain (ILR) in order to gain the right of permanent residency in the UK, and eventually apply for British citizenship following six years of continuous residence in the UK.
Requirements for Tier 1 Innovator Visa:
Requirements for Citizenship:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.