UK TIER 1 INVESTOR VISA
The Tier 1 (Investor Visa) visa has been specially designed for meeting the expectations of high net worth individuals who wish to relocate themselves and their family to the UK. Only limited visas are granted per year. It applies to the main applicant and all immediate family members, including spouse and children under the age of 18. Investor visa is granted for three years and four months and can then be extended for another two years, by providing solid evidence that an investment of £ 2 million was made in the UK. There is no requirement as such for the investor to demonstrate English language ability. Working, studying and doing business is permitted. The time required to qualify for Permanent Residence depends on the amount invested as follows:
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 number of days that the applicant can spend outside of the UK has been increased to 180 days per year.
No comments:
Post a Comment