Investing monies into a business is often risky and this can be the case especially within the scope of a Tier 1 (Entrepreneur) Visa. Prospective applicants would be seeking to relocate to the UK in addition to their monetary commitments therefore our immigration team would look to advise you thoroughly and openly with regards to these risks and the processes involved.
Our team offers experience of successfully helping clients from a range of industries secure their Tier 1 (Entrepreneur) Visa. We also regularly assist clients referred to us following previous refusals of their application and we have an outstanding record in challenging negative decisions made by the Home Office and UK Visas and Immigration (UKVI).
This visa is for investors wishing to establish their own business in the UK, or to take over or become actively involved in an existing one. Those individuals wishing to obtain a Tier 1 (Entrepreneur) visa can visit the UK as “prospective entrepreneurs” in order to secure agreements which may entitle them to remain as Tier 1 Entrepreneur migrants.
Prospective applicants must be at least 16 years old and can apply with regards to various categories dependent upon the level of their investment. Each applicant must have access to at least £50,000 in investment funds however those with access to £200,000 will be eligible for more categories of investment.
If you have access to the relevant amounts and are looking to obtain a Tier 1 (Entrepreneur) Visa, here is some more useful information you will need to know:
Successful applicants for a Tier 1 (Entrepreneur) Visa will be granted an initial maximum period of stay in the UK of 3 years and 4 months. Applications may be made to extend this by a further 2 years if already in this category and by meeting specified requirements, or by 3 years for candidates looking to switch to this category from another visa route.
Those looking to obtain settlement in the UK may be able to apply for this once they have been in the UK for 5 years. Our immigration team can help guide candidates through the various extension processes with regards to their individual requirements.
As with Tier 1 (Investor) applications, candidates cannot apply for a Tier 1 (Entrepreneur) Visa earlier than 3 months prior to their intended travel to the UK.
For further expert and professional advice and assistance in relation to Tier 1 (Entrepreneur) Visas, including with regards to fees and charges, application processing times and the necessary requirements for extending your visa, please do not hesitate to contact our immigration team who are ready and able to help you.
Please be advised that Immigration Rules are always changing. Contact us for the latest help, advice and information with regards to your query.