Obtaining Permanent Residence After A Tier 1 Entrepreneur Visa
The Tier 1 visa is one of the UK's most sought-after visas. It allows those who are eligible to live in the UK for a defined period in order to either invest in an entrepreneurial enterprise (Tier 1 entrepreneur) or to invest (investor). As well as the initial period, the visa is extendable and can get you to the point of being able to apply for permanent residence.
The UK welcomes inward investment from entrepreneurs and investors. These two types of migrants can help to create immense wealth and this fact is not lost on the British government. This is why these two routes, in particular, were created. In the near future, there will be a huge change in the way that the UK does business and that will offer some excellent opportunities.
What are the benefits to me?
The benefits of the Tier 1 visa scheme are as follows:
- Being able to apply for permanent residence after 5 years
- Children entitled to free primary & secondary schooling
- Entitlement to free NHS care
These are excellent benefits, especially if you have come from a country where you have to have insurance for health care. The National Health Service (NHS) is one of the world's best free-at-the-point of use healthcare systems in the world and just another benefit of living in the UK.
What is the eligibility criteria?
Each of the Tier 1 visa routes has its own criteria, based on being able to prove ability to pay your own way and add to the economy. There is also a necessity for a basic level of English language skill.
In general, the two routes are an excellent way to enter the UK if you are eligible. They are well worth investigating if you have access to the funds necessary to fit the eligibility criteria required.
Why choose the UK?
The UK is a hotbed of economic activity. As one of the world's largest and most mature economies, there is a high standard of living and easy access to markets for investors.
With Brexit and the impending exit from the European Union, there is now a window for keen investors and entrepreneurs to take advantage of these changes. It looks increasingly likely that the UK will become more insular as a result and will need to increase many of its own markets within the country. A boost in economic activity in areas such as manufacturing can offer new and significant opportunities for those looking to invest.
How we can help
As specialist immigration solicitors, we can help in all aspects of immigration. From visa applications to assisting with appeals, we can cover all of your immigration needs.
If you have an immigration-related query then get in touch today and let us help you.