Tier 1 Investor VisaWhat is a Tier 1 Investor visa?

The Tier 1 Investor visa is aimed at HNW individuals from outside the European Economic Area who want to move to the UK and make a considerable investment in the UK economy. The visa can apply to family members and other dependents of that individual who wish to relocate with the applicant. If granted, the investor visa enables the applicant to stay in the UK for up to 3 years and 4 months and thereafter extend the visa and settle in the UK.

Eligibility for a successful Investor visa

Individuals looking to apply for a Tier 1 Investor visa must be aged 18 or over and have at least £2 million available to invest in the UK held in a UK bank account. The funds should be held in one or more regulated financial institutions and be completely disposable to spend in the UK.

Unlike the Tier 1 Entrepreneur visa, there is no English language requirement. Applicants are not required to work or study during their time in the UK but are free to do so if they so wish.

Applicants can invest the money into UK government bonds, share capital or loan capital in active and trading UK registered companies.

Evidence required for the Tier 1 Investor visa

Individuals must provide evidence that shows:

  • How much money they possess and where it is held
  • Where the money came from if it has been held for less than 3 months, e.g. through inheritance
  • That it can be transferred to the UK and converted to pound sterling

Tier 1 Investor visa funding requirements

  • The applicant is fully in control of and at liberty to invest the specified funds
  • That any money held by the applicant or being made available to them by a third party has been acquired lawfully or would have been lawful if it occurred in the UK
  • The character, conduct or associations of any third party providing funds are such that the approval of the application would be conducive to public interest

Tier 1 Investor visa extension application

After the initial application, individuals can apply to extend their visa.

If an individual applied for a Tier 1 investor visa before 6th November 2014, they can apply for an extension if:

  • They have £1 million under their control in the UK
  • They have invested at least 75% of that money in UK government bonds, share capital or loan capital in active UK companies
  • They have invested this amount within 3 months of their “investor start date”

If an individual applied for a Tier 1 Investor visa on or after 6th November 2014, they can apply for an extension if:

  • They have at least £2 million under their control in the UK
  • They have invested those funds in UK government bonds, share capital or loan capital in active UK companies
  • They have invested this amount within 3 months of their “investor start date”

Investor start date

The investor start date is either the date the applicant arrived in the UK or if there is no proof of that, the date of the original visa application or switch from a different category.

Tier 1 Investor visa settlement

After the initial application individuals can apply for settlement, where they will be granted Indefinite Leave to Remain (ILR), provided they have not been absent from the UK for more than 180 days in total in each year.

The conditions are as follows:

  • An investment of £2 million will enable the applicant to apply for ILR after 5 years
  • An investment of £5 million will enable the applicant to apply for ILR after 3 years
  • An investment of £10 million will enable the applicant to apply for ILR after 2 years

How can NA Law Solicitors help?

We are a niche immigration law firm specialising in HNW immigration. Our team of specialist immigration lawyers can assist you with the the entire application process for a Tier 1 Investor visa, from the initial consultation to liaising with the Home Office until a final decision is made on your application.

Contact us for a case assessment!

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