A person would be eligible for a Tier 1 (Investor) visa if they meet the following eligibility requirements
– The applicant is a non-EEA or Switzerland national (who is over 18 years old)
– Invests £2,000,00 into the UK Requirements in relation to the funds:
– The applicant can prove that the money is theirs or their spouse/ partner
– Has opened a UK bank account
– Show that the money is held in a regulated financial institution (e.g. a bank)
– And that the money is available to be transferred into the UK (and can be converted into GBP)

It should be noted that the applicant will be asked to provide confirmation of TB test results as well as Criminal Record Certificate.

The £2 million must have been held for two years consecutively before making the application. If the funds have not been held for that period of time then the applicant has to evidence the source of the funds e.g. a divorce settlement, an award, a gift etc.

The applicant will be granted 3 years and 4 months visa. The applicant can extend for a further 2 years and after 5 years they can apply for indefinite leave to remain in the UK. Extension Applications for Tier 1 Investor Visa are possible.

Please contact the team to discuss extending your Tier 1 Investor Visa.