Individual who have high-net-worth and have the intension to make significant investments in the United Kingdom can apply for the Tier 1 (Investor) category.
A job offer is not required for an individual to make an application under this category. The individual’s application would be assess however by his/her capability to make investments worth £1,000,000 in the UK.
Unlike other Points Based System Migrants, the English Language criterion is not required to be fulfilled by the applying individual in this category; this is so because they can choose to work or not to work while in the UK, either way it is permitted.
Also in this category, the individual applying is not required to meet the exclusive criterion for the availability of sufficient fund for maintenance as is applicable to most applications under the points based system. This is so because the individual would have already fulfilled the main requirement for this category and as such have exhibited their capability to maintain and support themselves without recourse to public fund whilst in the United Kingdom.
Applicants who wish to enter the United Kingdom as a Tier 1 (investor) category is entitled to points as elaborated in the table below. This is applicable to all individuals that seek to:
|Attributes (pass mark = 75 points)||Points|
|I) The applying individual has in his/her possession or in an endorsed financial institution amounts of money that belongs to him/her which sums up to GBP1 million or more and is disposable in the United Kingdom.||75|
|II) (a). The applying individual has personal possessions/assets of more than £2 million in value if they are to be taken into consideration as liability or|
(b). The applying person has received a loan of at least £1million from a regulated UK financial institution which is now held under his/her control in a regulated financial institution and is disposable in the United Kingdom.
In a situation where the request of the applicant as a Tier 1 Investor Migrant is rejected by the United Kingdom Border Agency, he/she may choose to challenge the decision by making an application for Administrative Review to the Entry Clearance Manager (ECM). If the Entry Clearance Manger Stands by the same decision, the applicant can then challenge the decision further through the Judicial Review in the High; he/she may then be granted Leave to enter for 3 years and 4 months if the application is successful.
|Tier 1 Investor Entry Clearance|
|Switching into the Tier 1 Investor visa category|
|Extending your leave as a Tier 1 investor|