The Tier 1 UK Entrepreneur Visa is amongst the securest and fastest ways to receive UK Residency. This UK Visa holder can also apply for Citizenship after a fixed time period.
Running a business in the UK is a big opportunity for many obvious reasons. The nation has a strong economy, a thriving business, and high living standards. Thus the UK attracts several thousands of overseas investors annually.
Tier 1 UK Entrepreneur Visa is a Business Visa that permits HNIs to invest in the UK. This is by either purchasing an existing business or establishing a new business. It is among the favoured pathways by investors to obtain UK Residency, as quoted by the Guardian.
The Entrepreneur Visa will be offered for 3 years upon approval. It can be renewed for an extra 2 years by investing an additional £2 million in the UK. The applicants are not required to prove fluency in the English language to obtain this UK Visa. The period of stay is completely based on the figure of funds that are being invested in the UK.
Essential requirements for the Tier 1 UK Entrepreneur Visa
The candidate must demonstrate that they have genuine intentions to settle in the UK for applying to this program. This is by taking complete charge of a business in the UK.
The applicants are also required to score at least 95 points. This is based on diverse factors such as investment plans, the source of funds, maintenance of funds and language proficiency.
Why you must invest overseas in the UK?
Y-Axis offers a wide range of Visa and Immigration services as well as products to overseas immigrants including UK Tier 1 Entrepreneur Visa, Business Visa for the UK, Study Visa for the UK, Visit Visa for the UK and Work Visa for the UK.
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