An informatory guide to UK Investor Visa

by Abhinav Immigration Services Digital Marketing Executive

Among the pathways that are popular to migrate to the United Kingdom, the UK Investor Visa is also gaining the traction. The reason being that there is a lot of eligibility requirements and competition for skilled migration and therefore, affluent individuals find it easier to settle in UK by making investment into its economy. This turns out as a win-win situation for everybody since the applicants gains the British residency and the country gains hefty funds being pumped into its economy for growth and development of the country and its residents alike.

One can apply for Tier 1(UK Investor Visa), if the applicant is willing to invest £ 2,000,000 or more in UK. This is approximately 20.35 crores as per Indian currency. Apart from the money invested, there are certain other eligibility criteria like –

•    Only major applicants aged 18 and above can apply for this visa
•    This money must belong to the applicant or the spouse (husband/wife) or unmarried or same-sex partner
•    The money to be invested must be used through an account in a UK regulated bank
•    These funds must be deposited in one or more regulated financial institutions
•    Also, this money must be at the applicant’s disposal to be used in the UK
•    This visa is also open for the Tier-4 visa holders or the international students in UK.They have to be present in UK and must have an unconditional letter written in their support by the financial sponsor to stay in UK. Also, the tuition and living expense of these students must be borne by the Government or the international scholarship agency

To be able to apply for this visa, the applicant must have a clean criminal record. UK is very particular about the health and character fitness of the applicants, even for Skilled Worker Visa UK. Therefore, you should have eligible proof of funds that are valid and must possess good character. The source of the money must be made clear to the authorities and it should be usable in the UK. If the partner’s money is also involved, then the applicant must have evidence of the relationship with the partner. Also, there should be an evidence stating an account holding in the UK by the applicant before applying for this visa.

With this visa, the beneficiary is allowed to stay in UK for as long as three years and four months. This is further extendable up to two years. Depending upon the investment made, the applicant can apply for settlement in UK, for example on can apply for settlement in UK after two years if an investment of £ 10 million is made, however, the same can be applied for after five years if the investment is in the range of £ 2 million.

There are a lot of pathways available to migrate to UK such as this investor visa or the Global Talent Visa UK, however, choosing the ideal pathway is the challenge. For this, there are expert business immigration consultant to help the potential applicants realize their dream of settling in one of the most charming countries worldwide. The pathways like UK Investor visa are designed so as to benefit the applicant and the country as well, where only eligible and deserving candidates can migrate to the UK.