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Everything you need to know about citizenship and residence programs around the globe.
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IMPORTANT! DON’T MISS YOUR CHANCE! Tier 1 Entrepreneur and Graduate Entrepreneur visa applications will be only accepted till 29 March and 5 July 2019 respectively. From 29 March and 6 July 2019, Tier 1 (Entrepreneur) and Tier 1 (Graduate Entrepreneur) categories will be replaced with new Innovator and Start-up categories.
Tier 1 Entrepreneur visa is accessible to successful entrepreneurs that are willing to invest £200,000 or more into an existing UK company for up to 5 years. Money can be also invested into establishing a new company.
UK graduates can get a Tier 1 Graduate Entrepreneur visa with only investing £50,000.
This type of visa requires a very attentive and thorough approach to all the details not only at the submission stage, but also when the business is up and running. Imperial & Legal has a vast experience in that and will help you at every stage of the process from drafting a business plan for UK Tier 1 Entrepreneur visa, preparing the documents for initial visa, registering a company in the UK, and making required investments to receiving British citizenship.
Main applicant must show they have £200,000 available and accessible in their bank account and the funds have been held there for 3 months or more, or they will need to explain the source of funds. Other criteria for UK Tier 1 Entrepreneur visa includes:
Visa validity: 3 years and 4 months.
Entrepreneurs must demonstrate the compliance with the following requirements:
Entrepreneur visa can be extended for 2 years.
Entrepreneurs can apply for ILR in 3 or 5 years from the first entry, based on the company’s performance:
You and your family can apply for citizenship in 1 year after ILR is granted and 5 or 6 years after your first entry, subject to everybody complying with all the conditions:
You can use the VIP service to extend your Tier 1 Entrepreneur visa or apply for ILR. In this case the Home Office will come to you to take your fingerprints and photograph. Visa is granted within 24 hours.
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