The Tier 1 Visa routes offer some of the best options for living and working in the UK. The only drawback to some of the Tier 1 Visa routes is the requirements for how much money you need to be able to use to be eligible to apply.
In this article we look at the funding options for two of the most popular Tier 1 Visa routes and how the eligibility criteria works for them. We look at practical options for funding and the wider eligibility criteria that is required to apply.
The Tier 1 Entrepreneur Visa was created to allow entrepreneurs to come to the UK to set up the proposed business for which they have funding. There are two funding levels for the Tier 1 Entrepreneur Visa and there is a differing set of eligibility criteria for each of them. You will need to ensure that you have a coherent business plan and that you have tested the idea thoroughly before applying.
You can apply for a Tier 1 Entrepreneur visa if you have access to £50,000 in investment funds from one or more of the following:
You can also apply if you've already invested £50,000 in a UK business. You must have invested the funds less than 12 months before you apply. You will need to show proof that you have made these investments, for more information give us a call and we can guide you further.
You can apply for a Tier 1 (Entrepreneur) visa if you have access to £200,000 in investment funds and you can prove that the money is either:
The funds must be held in the UK if you're applying for leave to remain. Again you will be required to show documentary proof that you have this money held appropriately - if you have any queries on this then please get in touch.
The money is one thing but you will still need to pass the rest of the eligibility criteria to satisfy the requirements of the application, the criteria are;
The Tier 1 Investor Visa was created to encourage more inward investment from outside of the EEA. For individuals who have enough funds, the Tier 1 Investor Visa offers an excellent option for moving to the UK to live and work and you can qualify for Indefinite Leave to Remain in a shorter period than almost any other visa route.
You can apply for a Tier 1 (Investor) visa if:
The remaining criteria of the Tier 1 Investor route is a lot more generous than most of the other visa routes that are available in the UK and this is with good reason, the investors who come to live in the UK can offer great options at creating wealth and this is not lost on the British Government.
You must have at least £2,000,000 investment funds to apply for a Tier 1 (Investor) visa.
You must also:
Your funds must be:
Your money can be in the UK or overseas when you apply.
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:
You must leave the UK and make your application from abroad if you're in another category.
If you need help with a Tier 1 Visa then please get in touch, our specialist immigration solicitors can help with your case and give you all the information and support that you need to make a successful application. So if you have any questions on the Tier 1 Visa or indeed any other immigration query, then please call today.
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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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