For international business people, it is often a question of which country would be most suitable for them to move to when it comes to setting up or moving their business. There are of course many factors to take into account when it comes to selecting the ideal location for you to set up: the best country to live in, the easiest visa to gain and the country with the best economic conditions will all play a role in the decision process. In this article we are going to try and answer some of these questions and hopefully try and persuade you that the UK is the ideal answer for many international business people when it comes to which is the ideal country for them to move to.
As one of the world's most mature economies,the UK is a world leader when it comes to setting up a business. Even with Brexit on the horizon, the UK really is one of the world's best places to start a business no matter what the sector. There is of course the benefit of the UK being a European base with a majority of English language speakers - making global trade easier. Then there is the economic conditions, as a mature market, the UK has huge potential for new businesses to make their mark and then spread across borders. There are also low levels of taxation and straightforward accounting options that make the whole process of setting up and running a business easy.
Then there is the visa system. Currently it is actually quite straightforward for foreign entrepreneurs to come to the UK as long as they have adequate funding or a strong business idea. The government is keen on developing business in the UK and the UK is one of the more welcoming places for foreign investment. There is also the large amounts of investment capital available. The UK is a financial powerhouse and as such has strong financial institutions that can help new business to take off. This is in stark contrast to many other countries and makes the UK an ideal home for a startup.
There are two main visa options for international business people to look at when moving to the UK, these are the Tier 1 Entrepreneur Visa and the Tier 1 Investor Visa. The Tier 1 Entrepreneur Visa is very much aimed at those with a business idea that they plan on bringing to fruition. The alternative, the Tier 1 Investor Visa is more aimed at high net worth individuals but can be used as a way to start a business in the UK. The main one for the majority of international business people is the Tier 1 Entrepreneur Visa. This visa allows entrepreneurs to come to the UK in order to start a business. To do this they must have at least £200,000 in seed funding and pass a series of criteria. This criteria includes the ability to speak English and a business plan that is highly detailed.
The benefit of using the visa route is that you can build up your time in the UK. Once you have reached 5 years of continuous stay in the UK (you will need to extend upto it) you can then apply for Indefinite Leave to Remain (ILR). Indefinite Leave to Remain (ILR) means that you can remain in the UK free of visa restrictions. Once you have had Indefinite Leave to Remain (ILR) for 12 months, you can then apply to become a British citizen. British citizenship is the ultimate goal for many who travel to the UK and by using this visa route, it becomes a distinct possibility.
As things stand Brexit is not going to make much difference to those who are currently in the UK on a visa or are looking to come in the near future. Will this change? Perhaps. But this is only likely to change positively for those who are looking to come to the UK to start a business. Brexit is likely to present many challenges to the British economy and there is no doubt that fresh business investment will help to stave off some of the worst of those effects. The Home Secretary Sajid Javid has already put forward the idea of a new startup visa route to help tech sector business to get into the UK and this will likely be expanded as the UK tries to entice foreign investment into the UK.
While there is little in the way of announcements, as the UK works it's way around the world making trade deals, there is little doubt that each country will try to gain deals for the free movement of people to the UK. It is likely that the immigration picture in the UK will change significantly over the coming years. As the country seeks to find a way to replace the significant numbers of EU citizens who travel to the UK, it is likely that a whole raft of new deals will need to be done and that this will affect the long term picture of immigration in the UK.
If you are looking for more information on starting a business in the UK and relocation then please get in touch. Our experienced immigration solicitors can help provide you with everything that you need to get started, so don't delay, call today and let us help you get started.
It's a shame that you dont have an 'Excellent' star rating on here, as my experience with Reiss Edwards is nothing short of an excellent rating. They handled my application for an Indefinite Leave to remain in April 2014 and did my husband's one very recently including my daughter. Every time i have approached them, they have continued to treat me with courtesy, respect and patience. Amar was indeed a very thorough and professional gentleman. He is very knowledgeable, corporative and engaging. He responded to my emails, calls and enquiries promptly. He was always reassuring. I could not have asked for a better Immigration service. I would recommend them over and over again for anyone looking for an immigration advice. They gave me a free immigration advice when i called them, and the quality of the advice was something other charge thousands for. If you need a particular, name, Amar would be it. He exemplifies, for me, the true, professional gentleman. He is a valuable asset to Reiss Edwards.
I am glad that i instructed Reiss Edwards on my visa matter. It started with a 20 minutes free immigration advice. I met with Amar to discuss my ILR refusal. He gave me a great deal of quality advice and decided to take on my messy case. I had doubts on the merits of my case by he was relatively convinced he could win it. That made me quite secure. To be honest, things did not start as quick as I would have wanted, but they kept on communicating the process and state of things to me.A big thank you to Verusha and Foram. They were also very helpful. Brilliant and informative. Their fee was fair and reasonable, especially if you compare them to other law firms and immigration law firms in London; some of whom even told me that i would not be able to get an indefinte leave to remain in this country. The process was long but was worth it. In the end, a big thank you to Reiss Edwards.
Investing over 2 million pounds is defintely not a routine decision. We had to make sure that the Tier 1 investor immigration lawyers that we'd be picking has to be one of the best within the Tier 1 investor category. We contacted Reiss Edwards and they were able to get us not only the Tier 1 investor visa but also suggested profitable investment portfolios in addition to what we already had in mind.
TI have just had British Citizenship application approved. Prior to making the application, i was not sure which law firm i should hire to facilitate the paperwork. After a few hours of research, i decided to go with Reiss Edwards and i must confess that i wasnt disappointed. The immigration lawyers at Reiss Edwards handled my case well and they really knew what they were doing. They were fully aware of what documents I needed and it was easy for them to tell if my case was going to be easy or not. At the end of the day, I have not received my British citizenship within 3 months. If anyone is looking for a good immigration lawyer to handle thier case, contact Reiss Edwards.
My wife's spouse visa extension application was refused by the Home Office and they gave her 14 days to leave the country. We contacted Reiss Edwards and they said "OK don't worry we will sort this out". They put together the list of documents for me to obtain and they prepared a bundle which was as thick as the printer it came out from.We followed everything they asked us to do and in the end we won our appeal and got our spouse visa. We can't recommend them enough and we have promised ourselves never to make any more UK visa applications without them.
The team of lawyers at Reiss Edwards are very professional and friendly people. Their experience in and around UK immigration law is quite extensive; be sure that you application is in safe and competent hands. My immigration matter was an indefinite leave to remain application based on Tier 1 on a self-employment basis. The immigration lawyers at Reiss Edwards made sure that the application was perfect and ready to be accepted. I got a positive decision and I recommend them highly for anyone who needs a UK immigration help.
I contacted Reiss Edwards to help me with my wife's UK settlement visa. They acted with utmost professionalism throughout the entire application. I spoke with Joe Dinh, he is an immigration solicitor and he is one of the best solicitors out there. He ensured that there was little to no room for error. At some point I thought he was over cautious. He remained calmed and continued to assure us on our immigration matter. Most people in his position would have panicked but he was calmed and continued to assure us. We received out positive outcome very quickly.
I have been using Reiss Edwards for three years now for my family's immigration application. Both for my initial application and extension. They are really affordable. The team of solicitors at this firm are probably one of the most efficient and economical in terms of cost. They offered free advice over the phone and spent good time with us before inviting us for consultation.
Reiss Edwards is a top notch immigration service company. The way they handled our documentation and also the list of documents they sent was efficient and top quality. They helped us professionally throughout the process. We are very happy with the immigration advice we received from the team. We highly recommend them.
I used Reiss Edwards immigration lawyers to assist with my immigration matter and that of my family. It was an EX1 application. They dealt with the matter properly and even when complications were coming up from the Home Office, they helped resolve the issue properly. They are very professional and are very popular in London. I am happy to have worked with them.
This is the only firm that i spoke with that didn't ask for money before listening to me, will be using them again.
I used Reiss Edwards for my Tier 2 visa application and it was successful. The team was ever present and happy to answer my question. The caseworker that dealing with my case went on holiday yet by case did not suffer one bit. Another lawyer stepped and took over the case without any hassle.
My Tier 1 Investor Visa was dealt with quickly and without issue. Would recommend Reiss Edwards as an Immigration law firm in London. Thank you to the team.
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