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Everything you need to know about citizenship and residence programs around the globe.
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From 29 March 2019, Tier 1 Entrepreneur route has been closed. New applications are not accepted and switching from another category is not possible, except when you switch from Tier 1 Graduate Entrepreneur visa. Applicants that had their visa granted before that date can still extend their visas, apply for permanent residence (ILR) and bring family members.
If you want to set up a business in the United Kingdom, you have three options now:
Your initial visa is valid for 3 years and four months. It can be extended for another 2 years.
Businessmen need to score 95 points and pass the Genuine entrepreneur test by establishing the local company, investing the money there and intending to continue trading in the United Kingdom. They must also demonstrate the compliance with the requirements below:
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 settlement. It means that under the Entrepreneur route, you can get your passport in 5 years (Fast-track) or 6 years (Standard) after your first entry, subject to you complying with all the criteria:
You can use the VIP service to extend Tier 1 Entrepreneur visa or apply for settlement. In this case the Home Office will come to you to take your fingerprints and photograph. However, this does not put your application at the front of the queue.
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