Tier 1 Entrepreneur


Description

This visa is for applicants able to invest money in the UK by taking over or setting up, and being actively involved in running, one or more businesses.


Requirements

To be eligible, you must show that,

  1. You have access to not less than £200,000 or
  2. You have access to not less than £50,000 from:
    • one or more registered venture capitalist firms regulated by the Financial Services Authority OR
    • one or more UK Entrepreneurial seed funding competitions which is listed as endorsed on the UK Trade & Investment website OR
    • one or more UK Government Departments, and made available by the Department(s) for the specific purpose of establishing or expanding a UK Business.

      or

    • You:
      • are applying for leave to remain,

      • have, or were last granted, leave as a Tier 1 (Graduate Entrepreneur) Migrant, and

      • have access to not less than £50,000

         

    • You:
      • are applying for leave to remain,

      • have, or were last granted, leave as a Tier 1 (Post-Study Work) Migrant,

      • were, on a date no earlier than three months prior to the date of application:

        • registered with HM revenue and Customs as self-employed, or

        • registered a new business in which you are a director, or self-employed in the 3 months before application.

        • are working in a job at the National Qualifications Framework Level 4 and above,

  3. The money is held in one or more regulated financial institution
  4. The money is disposable (free to spend) in the United Kingdom
  5. English Language:  You must provide evidence to prove that you speak English to the required standard.
  6. Maintenance:  You must possess a certain amount of funds to support yourself (and any dependants) in the UK.
  7. Score at least 95 Points
  8. Be at least 16 years’ old

 

Visa fees

Visa fee applying from outside the UK
£963.00
Visa fee applying by post/online in UK
£1204.00
Handling Fee
£2640.00

Please note our handling fees are inclusive of VAT. Visa fees are advisory and you will need to pay them directly to UK immigration office.