UNITED KINGDOM

LOCATION: Northwest Europe

POPULATION: 68,013,429

LANGUAGE SPOKEN: English

CURRENCY: Pound Sterling

CAPITAL: London

MAJOR INDUSTRIES: Tourism, Construction, Media, Banking, Insurance, Finance

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Located in the Northwest coast of Europe, The United Kingdom of Great Britain and Northern Ireland, also referred to as UK or United Kingdom is a political union made of up of four countries, England, Scotland, Wales and Northern Ireland. Its capital, London, is regarded as the cultural hub and the financial heart of Europe. The United Kingdom with its world-class education, living standards and travel links, makes it one of the most desirable countries in the world.

OPTIONS FOR UK RESIDENCY BY

INVESTMENT

THE UK TIER 1 INVESTOR VISA

The program offers temporary residence status leading to permanent residency and potentially citizenship for high net worth individuals and all immediate family members, including spouse and children under the age of 18. Minimum Investment of £2 million in UK corporate bonds, share capital, or loan capital in active and trading UK registered companies other than those principally engaged in property investment. This allows the investor for settlement in the UK after 5 years. Accelerated settlement can be achieved by upping the investment amount: five million pounds gets settlement after three years, and ten million pounds allows settlement after just two years.
  • Investment of £2 million – eligibility for indefinite leave to remain after 5 years in the UK.
  • Investment of £5 million – eligibility for indefinite leave to remain after 3 years in the UK. 
  • Investment of £10 million – eligibility for indefinite leave to remain after 2 years in the UK.

The Tier 1 Investor category has the shortest Investor Immigration application processing time amongst the G8 countries.

ILR and UK CITIZENSHIP

After 5 years of continuous residency in the UK is achieved, the investor and the family members can apply for Indefinite Leave to Remain in the UK (ILR). One year after the ILR status is granted, the investors can apply for British Nationality. For Investments of £5 and £10 million, after 5 years the applicant can apply for British Citizenship.
Key Benefits:
  • Fast processing time of about 3-4 weeks.
  • Residence for the entire family. 
  • Corporate bonds and equities investments are recoverable following a five-year or less holding period, during which time it can produce income.

​UK Citizenship Requirements:

  • The total number of days spent outside the U.K. for the entire five-year qualifying period should not exceed 450 days (i.e. three months of every year, or 75 percent of one’s time). Should not be absent from the country for no more than 90 days (three months) in the 12 months preceding the application.
  • Hold ILR for at least 12 months.
  • Pass the Life in the UK Test.
  • Pass English language test (B1, ESOL etc).
  • By physically present in the UK on the date of application 5 years ago.
  • No criminal record.
  • Secure 2 British citizens as references

UK TIER 1 INNOVATOR AND START-UP VISA

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:

  • Be granted an endorsement letter from a Home Office approved endorsing body.
  • Show they can support themselves as well as any dependents without recourse to public funds.
  • Have access to at least 50,000 GBP that can be invested in the business.
  • Demonstrate evidence that the application will not fail “general grounds for refusal” criteria.
  • Have English language skills at the requisite level.

Key Benefits:

  • Residence for family members.
  • No work or study restrictions for dependents.

THE UK REPRESENTATIVE OF OVERSEAS BUSINESS

The UK Representative of Overseas Business Visa offers temporary residence status leading to permanent residency and potentially citizenship for qualifying individuals and all immediate family members, including spouse and children under the age of 18. No minimum investment required making it the most affordable option. The Representative of Overseas Business category is geared towards attracting senior executives and managers of an existing overseas company to enter the UK in order to set up the company’s first UK office, branch, or subsidiary.

Key Benefits:

  • No Investment.
  • Residence, work and study freedom for the family members.
  • Easy Process.
  • International Business Environment.
  • Only the main applicant needs to meet residence requirements of 185 days in the UK every 12 months over 5 years in order to apply for permanent residence. Upon receiving permanent residence, the applicant’s spouse and children are eligible for permanent residence automatically.
Requirements for Overseas Business Visa:
  • There must be a senior employee of an overseas company that does not currently have a UK branch, subsidiary or other representative in the UK.
  • The applicant must have been recruited overseas by the overseas company.
  • The parent company must grant the applicant full authority to take all operational decisions on its behalf in the UK.
  • The UK entity that will be set up must carry out the same type of business as the overseas company.
  • The applicant must have a proven positive track record in the same or closely related field of work.
  • The applicant cannot be a majority shareholder (own 50% or above) of the parent company of the proposed UK business.

CITIZENSHIP PROCESS

Once the ILR is granted the applicants are eligible for permanent settlement in UK.

Requirements for Citizenship:

  • Hold ILR for at least 12 months.
  • Be absent from the UK for less than 450 days over the past 5 years .
  • Pass English language test (B1, ESOL etc.).
  • Pass the Life in the UK Test.
  • Be physically present in the UK on the date of application 5 years ago.
  • No criminal record.
  • Secure 2 British citizens as references.

Disclaimer:
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.

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