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The Tier 1 Entrepreneur Visa Extension Demystified

With a stable political landscape, strong economy, and a robust rule of law, the UK will always be an attractive place for entrepreneurs to invest their time and money in. Although the Tier 1 Entrepreneur Visa closed in March 2019, there are still hundreds of smart, brilliant business people who successfully entered the UK via the entrepreneur route and will be applying for extensions over the coming years.

Having your Tier 1 Entrepreneur Visa extended is a vital part of the overall process of obtaining Settlement in the UK. However, the Home Office regularly refuses extension applications. Therefore, you must start planning to extend your visa from the moment your Tier 1 Entrepreneur Visa is granted.

In this article, we detail how to ensure your Tier 1 Entrepreneur Visa extension application is granted swiftly, so you can move forward in growing your business and working towards Indefinite Leave to Remain.

The criteria for extending your Tier 1 Entrepreneur Visa

Your initial Entrepreneur Visa is valid for three years. If you do not qualify for fast-track Indefinite Leave to Remain, you may be eligible to apply for an extension. However, you will need to meet strict eligibility criteria.

To extend your Entrepreneur Visa, you will need to show the following:

  • Your investment funds of 50,000 or 200,000 (depending on the level of funds needed in your initial application) have been invested by you or on your behalf into one or more UK businesses.
  • You have registered as a director of a new or existing company or registered as self-employed with HMRC, and this was done within six months of you entering the UK.
  • Your business has created at least two full-time positions for settled person's in the UK and these positions must have existed for 12 months or more before applying for the extension.
  • You meet the English language requirements
  • You have at least 945 in personal maintenance funds plus 630 for each dependent.

You must have a detailed record of your investments. UK Visa and Immigration will want to see evidence including:

  • Audited accounts (if your company is obliged to provide them; otherwise unaudited accounts and an accounts compilation report must be provided from an accountant. These accounts must show investments made by you or one or more seed funding competitions or Devolved Government Departments (in the case of the latter, a letter must accompany the accounts, stating the investment was made on your behalf).
  • Any investments made in the form of a director's loan must be shown on the relevant set of accounts. A legal agreement showing the terms of the loan must also be provided.
  • If you have made the investment in the form of share capital, the accounts must show the shareholders, the amount and value of the shares (on the date of purchase) in your name.
  • If you have invested some of the money in commercial property, the value of any residential property which may comprise some of the dwellings must be removed from the calculations.

The Genuine Entrepreneur Test

You need to show UKVI that your business is viable and sustainable. Immigration officials will consider the credibility of the jobs you have created, your business activities, and your financial records and forecasts when assessing whether you have created or are a director of a genuine business. You may be asked to submit further documents such as a business plan to support your claims.

The business plan

Many Tier 1 Entrepreneur Visa extension applications fail due to inadequate business plans. The most common mistake we see is applicants presenting the same business plan used to attract investment and/or finance. These types of business plans focus on sales forecasts and profit projections. Whilst these are important details to include in your Entrepreneur Visa extension business plan, they should not be the main focus. Instead, you should highlight your strategy for continuing to create jobs for settled persons and contributing to the UK economy. In other words, make sure the business plan you present to immigration caseworkers makes clear that you have a deliverable plan in place to meet the Tier 1 Entrepreneur Visa requirements.

Job creation

The job creation element of a Tier 1 Entrepreneur Visa extension is strict. The jobs must comprise of at least 30 hours each per week to qualify as full-time. It is important to note that multiple, part-time positions cannot be combined to make a full-time role. However, a single job does not need to exist for a consecutive 12 months; for example, if you hire someone for six months for six months in one year and six months the following year, this will meet the criteria, providing the position remains the same.

You will need to provide evidence that the employees have Indefinite Leave to Remain in the UK or they are a British Citizen.

Fast track to settlement

If you meet the below criteria, you can apply for Indefinite Leave to Remain after three years leave on a Tier 1 Entrepreneur Visa instead of the usual five years.

You will need to show your organisation has:

  • reached a turnover of 5 million or more, or
  • created at least ten full-time jobs over three years.

You will also need to meet all the other criteria for Indefinite Leave to remain including continuous residence, passing the Life in the UK Test, and meeting the English language requirements.

Obtaining support

The best strategy for ensuring a successful Tier 1 Entrepreneur Visa extension application is to work with an experienced immigration lawyer during the three years of your leave to remain. By seeking advice through each stage of your journey, for example, as you make investments and hire new employees, you can be confident you are fully compliant with the extension requirements and the application process will be straightforward.

By partnering with an immigration solicitor as soon as you think about apply for an Entrepreneur Visa, you can be confident that your business venture and your personal journey towards settlement will benefit from the best legal advice.

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O.L

Andy Tieu is absolutely amazing.

As a lawyer myself I can categorically say that he knows his stuff, gentle, responsive, cares about you and not just about the money, very professional.
I mean I can go on and on!

Andy and the entire team at Reiss Edwards are amazing!

Thanks again Andy.

Kiran Sardar


I found Joe very helpful and tremendous patience which is a must in this professional as there are lots of emotions always involved in each and every case.

The way they dealt with my case during COVID19 Situation is highly appreciable. I would definitely recommend Joe D. and Anna F. Anna is an amazing lady, her patience is beyond my words.

Her hard work and professionalism have no boundaries. She is the right person for all type of cases.

Thanks to Anna and Joe for all your support and guidance which helped me fulfill my dream.

I would say Reiss Edwards is lucky to have Joe D. and Anna F. Great job Reiss Edwards.

thanks once again. Anna you’re a Gem and a Star.

Cheyam Shaked

"Anna Foley was the lawyer helping my partner obtain an EEA EFM visa. She was outstanding. Handling the case with constant correspondence over a lengthy, lockdown delayed 7-month application process. Her expert advice guided us successfully through some difficult times as a result of COVID-19. Some of the best service I have received for any service ever! Often replying to emails late at night, offering to send additional correspondence to the home office and going above and beyond in handling our case! Well done and thank you Reiss Edwards and thank you Anna!!".

Isaac .T

"Professional service. I was very impressed with the fact that my ILR application was successful 6 weeks after the submission amidst the COVID-19 pandemic. I also think the portfolio put together by the team at Reiss Edwards has played a big part in the quick turnaround of my application".

Jesse Lee

"Reiss Edwards did a great job, and so much work, for their reasonable fixed fee. I would heartily recommend them to anyone looking to secure a Visa and /or Visa renewal. I will use them again when mine needs to renew. Great value".

Majlinda Berisha

"The help, the professionalism, the kindness from this team is phenomenal. A massive thank you to Anna Foley.

I have had a really tough time with getting my husband’s visa. My last immigration lawyer made many mistakes that caused stress, disappointments and sadness.

I was weary about getting another lawyer as I thought I was going to go through the same experience but no, it turned out better than what I had hoped or even imagined.

What I received was: constant emails and calls updating me and asking if anything else is needed. If I called and they missed my phone call I would get a call back within 10 minutes. All of my documents were carefully checked and I would get a reply the next day if anything was missing or not correct. There were times that I was impatient and asked to just send the visa off, but was reminded that everything had to be perfect and correct before submitting the application. I was told about every option I had and discussed what the best would be. I was always spoke in a nice, calm, polite manner.

The overall intelligence of this team, especially Anna Foley for me, is outstanding. I am speechless. Anna done such an amazing job on my husband’s application that although we couldn’t apply for the fast service and was told to wait for 12 weeks, we got a reply within 5 weeks.

That alone shows what an amazing and talented team Reiss Edwards are. Thank you".

Christine .C

"I wholeheartedly recommend Reiss Edwards to anyone who is in search of immigration advice. I had the pleasure of speaking with Amar who has been very thorough in finding a solution to my enquiry, and followed up with additional information even after the consultation. I normally don't leave reviews, and this firm already has enough good reviews for me to need to my own anyways! However, in this instance, I do hope that my review can let anyone who reads it be aware that RE is a great choice, these people care enough to help you the best they can".

Zohaib Butt

"I had the chance to use Reiss Edwards services for my Tier 2 extension. Marija dealt with my case and I found her very professional and experienced in dealing with my application. The care and attention to detail was exceptional. I would definitely recommend Reiss Edwards!".

Quintus Liu

"Knowledgeable, experienced, and relatable. Translated a complex process into steps that are easy to follow. Cruised to 3 successive wins on my Tier 1 graduate/entrepreneurship visa which allowed us to play our part in making the UK a better and healthier place!".

Khasan Vosijonov

"Thank you, Ms. Anna Foley! I am writing this with tears of joy.

As a family, we are all grateful to Anna Foley and her firm Reiss Edwards, for doing all the hard work and giving us the best support. Finally We found the best law firm".

Saira Lawson-Brown

"Highly professional organisation and really supportive solicitors. Ina Iteva the solicitor that was provided to us was a blessing in disguise, as our first solicitor was let go off due to pandemic. She was so supportive and understanding throughout the process, and my husband spouse visa was granted due to their effort and attention to detail. We constantly try to keep in touch with her and consider her as more of a friend now than a solicitor. Sure, to bother her and the firm more in the future".

Nora Nkechi

"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".

Deepak Chartbhurjh

"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".

Hakeem Salam

"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".

Top Notch Immigration Service

"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".

Mo Hussein

"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".

Gallagher Jones

"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".

Richard Stone

"I 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 wasn't 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 their case, contact Reiss Edwards".

Fong Li

"Investing over 2 million pounds is definitely 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".

Nancy Jacquard

"It's a shame that you don't 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".

Florence Giwa

"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".

Salisu Ibrahim

"Fantastic Solicitors!!! 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".

Amir Sandeep

"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".

Reiss Edwards Reviews

O.L

"Andy Tieu is absolutely amazing, as a lawyer myself I can categorically say tha...

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"I found Joe very helpful and tremendous patience which is a must in this profes...

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Cheyam Shaked

"Anna Foley was the lawyer helping my partner obtain an EEA EFM visa. She was ou...

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"Professional service. I was very impressed with the fact that my ILR applicatio...

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"Thank you, Ms. Anna Foley! I am writing this with tears of joy. As a family, we...

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Saira Lawson-Brown

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Mo Hussein

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Gallagher Jones

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Richard Stone

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Fong Li

"Investing over 2 million pounds is defintely not a routine decision. We had to ...

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