Entrepreneur visa. Tier 1(Entrepreneur)

Entrepreneur visa. Tier 1 (Entrepreneur)

According to the most recent version of the rules posted on the site Home office

Entrepreneur visa is issued subject to the following conditions:

1. Doing business in the UK:

You are going to create their own business in the UK, or buy an existing business in the UK

2. The size of the investment – £200,000 pounds.

2.1. You should invest in a business located in the UK economy, £200,000 pounds. It is allowed that involved two entrepreneurs, equally participating in the company and having the right for a visa entrepreneur. If You have a team of two people does not require the increase in the sum of £200000. You only need to prove that you have equal access to the sum of £200000.

2.2. But there is a second way of obtaining a visa – if you have access to £50000, located in financial institutions that may be financed only to the following companies:

· a venture capital firm is registered with the Financial Conduct Authority (FCA)

· a UK entrepreneurial seed funding competition endorsed by UKTI

· a UK government department making funds available for the purpose of setting up or expanding a UK business

Investment is not considered the purchase of real estate. It should be a business activity.

3. Knowledge of the English language:

To obtain this kind of visa, you must have the English level in the European classification – B1, it also corresponds to an IELTS of 6.5 , or other recognized certificate that matches the same level.

4. The availability of additional funds for the maintenance of himself and his family

The fact that you invest in the UK economy of £200,000 pounds, not give You the right to count on them entering the UK as personal funds for the maintenance of his family.

After obtaining Visas of the entrepreneur, the lucky visa holder is obliged within three months to register a company in the UK, to create two full jobs, or four jobs, part-time, to demonstrate the presence of entrepreneurial activities. The fulfillment of all these conditions is very important when considering the question for a visa extension, which will occur after three years.

Allows switching on this type of visa from other categories of migration visas, for example, from a work visa.

To apply for Tier 1 (Entrepreneur) visa you must submit the following documents:

1. A passport or other ID

2. Evidence that you have £200,000 pounds, they are available for your use are in the British (!!!) Bank and shall be converted into pounds.

3. Proof of additional funds in the amount of £3310 £ for the applicant for the visa and £ £ 1890 for each family member.

4. Confirmation of the type of visa is English language skills – a list of examinations and certificates, which adopts the Home office, there’s always his website.

5. A TB test. The test is done in specially accredited medical institutions.

All documents, if they are not in English must be translated into English.

You can pre-evaluate your chances of Visa Entrepreneur on a scale. Needing just 95 points.

· For available for your business in the UK cash £200000 pounds, you are assigned 75 points.

· In compliance with language requirements of the awarded 10 points

· The availability of funds for the maintenance of themselves and their families is charged 10 points.

After five years of implementation activities for visa Tier 1 (Entrepreneur) and compliance with all the requirements of the law, you can apply for permanent residence in the UK.

Other articles on the topic:

IMPORTANT! A NOTIFICATION ABOUT THE SECOND CITIZENSHIP

Immigration to the UK

Visa to the UK

Jobs in UK

Tier 2 General