UK Tier 1 Visa for Entrepreneurs

Posted by Sumitkuamr S.
1
Jul 6, 2015
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If you are an entrepreneur willing to explore UK for your business growth or expansion then UK Tier 1 visa for entrepreneurs is what you need. Those who are planning to set up or run a business in Europe or Switzerland needs to apply for this particular visa. The visa application fees for Tier 1 depend upon the location of application and mode of application. If you’re applying for the visa from Turkey or Macedonia the fee will be considerably less.

In order to be eligible for the application you will have to show that you have 4957360/- funds available for the purpose of investment. The money can be either in one or multiple regulated financial organizations. However, it should be disposable at your will. These were the financial eligibilities one must fulfil in order to apply for UK entrepreneur visa. There are language criteria as well which requires you to pass at least CEFR level B1 in reading, writing, speaking and listening. English test is not required if you are from one of the following nations:

·         Antigua and Barbuda

·         Australia

·         the Bahamas

·         Barbados

·         Belize

·         Canada

·         Dominica

·         Grenada

·         Guyana

·         Jamaica

·         New Zealand

·         St Kitts and Nevis

·         St Lucia

·         St Vincent and the Grenadines

·         Trinidad and Tobago

·         USA

Minimum age requirement is 16 years and one has to prove that he/ she will be able to support their stay in the country. You will have to score at least 95 points as per their point system. There are four categories under Tier 1 visa application:

·         As former tier 1 [graduate entrepreneur]

·         As former tier 1 [post study worker]

·         As former tier 1 [general]

·         As former tier 1 [student]

 

Along with fulfilling eligibility criteria, one must provide requisite documents to the authority for verification. The list of documents include following:

 

·         Present passport or any other valid traveling identity document

·         Passport size coloured photograph

·         Documents verifying availability of investment funds

·         Properly documented business plan

·         Documents proving that you can financially support yourself during your stay in the country

·         Documents proving your English proficiency

·         Medical reports of tuberculosis test

 

If the documents are not in English then you will have to provide certified translated copies in Welsh or English.

There are many more formalities to be taken care of before, during and after the visa application approval. The details of the procedure need to be understood carefully. Slight misunderstanding or error may lead to delay and become a hurdle the approval of your UK Tier1 visa for entrepreneurs. Therefore, it is suggested to hire an experienced UK immigration visa consultant.

 

Hiring a good UK immigration visa consultant will also expect some effort from your end. There are multiple ways by which you can find a good immigration consultant. You may ask your friends and family members to refer one. You may look it up on internet. Dial few numbers and discuss your requirements with the consultant. It is suggested that you ask them for their past experience. Select one of them visit their office and get going with the process.

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