The Tier 1 (Entrepreneur) category is for those Applicants investing in the UK by setting up or taking over, and being actively involved in the running of one or more businesses in the UK who have access to either £200,000 or £50,000.
Applicants are permitted to make an initial application for leave to remain as a Tier 1 (Entrepreneur) migrant where already in the UK with permission to remain in specific categories (Tiers 1, 2 and 4).
Applicants investing £200,000 will need to demonstrate:
Applicants and dependants over 18 years old must provide an overseas criminal record certificate for any country where there has been continuous residence for 12 months or more in the 10 years prior to the application. These certificates will only be valid if issued within 6 months of the Application.
Applicants may form an entrepreneur team with one partner providing both have equal access to the same investment funds.
Applicants who have already invested £200,000 in a UK business within 12 months prior to the application may also apply.
Applicant’s investing £50,000 will need to demonstrate:
Applicants applying from abroad can rely on funds from a venture capital firm registered with the Financial Conduct Authority (FCA).
Applicants who have already invested £50,000 in a UK business within 12 months prior to the application may also apply.
In order to extend stay in the UK as a Tier 1 (Entrepreneur), an Applicant will need demonstrate:
An Applicant may apply for settlement in the UK after a continuous period of five years under the Tier 1 (Entrepreneur) category and will need to demonstrate:
Accelerated settlement applications can be made where an Applicant’s business creates 10 new jobs or received at least £5 million in income from business activity over a continuous period of three years.
Our experienced lawyers can help Applicants, family members or dependants to:
Make an initial or extension application
Preparing a business plan
Prepare you for interview
Make an extension application
Make a settlement application; or
Challenge decisions by way of Administrative Review or other appeal process
We will assist by:
DESCARTES SOLICITORS is recognised as one of the leading multi-practice firms in the UK. Our specialist entrepreneur immigration team works closely with leading banks and accountants to prepare and submit high quality visa applications for entrepreneurs and their dependant family members. Our team can prepare Applicants for visa interviews.
For advice and assistance with a Tier 1 (Entrepreneur) visa application or appeal, please contact our lawyers on 0208 995 3556/0844 556 9901 or e-mail email@example.com.
LINK TO UKVI GUIDANCE