If you wish to apply for a visa in this category then our team at Hunter Stone Law will be able to guide and assist you throughout every step of the process. In order to qualify for this visa you would have to meet the requirement of the relevant section of the Immigration Rules. However we have attempted to simplify the requirements below.
You can apply for a Tier 1 (Investor) visa if:
You must have access to at least £1,000,000 in investment funds to apply.
You must have at least £1,000,000 investment funds to apply for a Tier 1 (Investor) visa.
You must be 16 years old or older to apply for this visa.
Your funds must be:
There are different eligibility requirements depending on whether you will be using your own money or using money loaned to you to invest.
Students with financial sponsorship
You may be able to apply for a Tier 1 (Investor) visa if you’re already in the UK and you’re:
You must have unconditional agreement in writing from your financial sponsor to re-enter or stay in the UK if your course fees and living costs were paid by either:
Using your own money to invest
You can apply for a Tier 1 (Investor) visa if you have £1,000,000 or more in investment funds and you can prove that the money belongs to either you or your husband, wife, unmarried or same-sex partner. Your money can be in the UK or overseas when you apply.
Using money loaned to you to invest
You can apply if you have £1,000,000 that’s been loaned to you for investment in the UK, but you must also have more than £2,000,000 in personal assets (after liabilities have been taken into account).
The £1,000,000 investment money must:
You must be able to prove that the £2,000,000 in personal assets is either:
Documents you must provide
When you apply you’ll need to provide:
Evidence of investment funds
You’ll need to provide evidence showing that you have the required investment funds.
Your own money
If you’re using your own money to invest, you should be able to show:
Your partner’s money
You’ll need to provide:
You’ll need to provide a letter of confirmation from an authorised official of a UK regulated financial institution, stating that:
You may need to provide additional documents depending on your circumstances.
Apply outside the UK
You must apply online for a Tier 1 (Investor) visa – we will assist you in preparing your application and liaise with you every step of the way to ensure you have every chance of success.
Apply in the UK
You can only extend your existing visa or switch to this visa if you’re already in the UK.
Extend your visa
You may be able to extend your Tier 1 (Investor) visa. When making the application you should include any dependants who are on your current visa on your application to extend - including children who have turned 18 during your stay. In addition you should apply before your current visa expires.
You can apply to extend your visa if you:
£1,000,000 under your control in the UK
This sum should include the £750,000 (or more) investment and £250,000 (or the balance needed) to bring it up to at least £1,000,000.
These funds can be either:
You can’t mix the 2 sources of funds.
£750,000 investment made within 3 months of your investor start date
You’ll need to provide a portfolio report produced by a UK regulated financial institution that shows that:
Your ‘investor start date’ is either:
Switch to this visa
You may be able to switch to a Tier 1 (Investor) visa. Once again you should apply before your current visa expires.
You can apply to switch to this visa if you meet the eligibility requirements and you’re already in the UK under one of the following categories:
Your family members (‘dependants’) can come with you when you come to the UK on this visa. They must have a visa if they’re from outside the European Economic Area (EEA) or Switzerland.
A ‘dependant’ is any of the following:
If your dependants applying from outside the UK then your family members must apply online.
Dependants applying in the UK
Your dependants can apply to extend or switch their visas to stay with you if they’re already in the UK. They should apply using the dependant application form. It’s best to send your dependants’ applications at the same time as yours but they can apply at a later date by post, or in person at a premium service centre. Please note that your family members can’t apply in the UK as your dependant if they hold a visitor visa.
What you can and can’t do
You also can’t work as a doctor or dentist in training unless one of the following applies: