The Tier 1 Investor visa is designed for high net worth individuals who are looking to invest, as well as enter and remain in the UK. It is widely touted to be the most popular and the least demanding in its requirements.
The qualifying periods of settlement vary, depending on the level of investment.
|Investment Amount||When You Can Apply for Settlement|
|GBP 10 million||2 years|
|GBP 5 million||3 years|
|GBP 2 million|| 5 years |
Under the old immigration rules, investors were allowed to invest up to £1 million and then top up the investment if it fell below the £1 million required investment funds. However, new immigration laws, which came into effect from the 6th of November 2014 now require investors to have investment funds of at least £2 million.
Applications under the Tier 1 Investor route are based on the applicant's ability to invest the required amount into the UK.
Also, under this category, the applicant is not required to meet the exclusive criterion for the availability of funds for maintenance (as is applicable to most applications under the points-based system). This is because the applicant would have already fulfilled the main requirement for this category, and therefore would have exhibited their capability to maintain and support themselves without recourse to public funds whilst in the UK.
Applicants who wish to enter the UK as a Tier 1 Investor are entitled to the points shown in the table below. This is applicable to all individuals who seek to:
The Home Office would normally grant a leave for up to 4 years and 4 months for a Tier 1 Investor visa.
Also, with regards to maintenance funds, Tier 1 Investor migrants would not need to show or meet any maintenance funds requirement. This is because they will have already met the main requirements alongside being able to support themselves without needing help from public funds.
These are the points available for the initial application under the Tier 1 Investor visa route:
In a situation where the request of the applicant as a Tier 1 Investor migrant is rejected by the UK Border Agency, they may choose to challenge the decision by making an application for Administrative Review to the Entry Clearance Manager (ECM). If the ECM stands by the same decision, the applicant can then challenge the decision further through the Judicial Review in the High Court - they may then be granted Leave to Enter for 3 years and 4 months if the application is successful.
Furthermore, you will need to demonstrate that you have access to at least GBP 2 million, which is under your control. It is important that the required fund is kept in a regulated financial institution and the funds are disposable in the UK. You may also rely on funds jointly owned by your husband, wife, civil, unmarried or same-sex partner. Tier 1 Investor applicants would also need to open a bank account in the UK.
It is also important that the money is held in a UK regulated bank account for 3 months prior to submitting the application. If the money has not been held in your account for 3 consecutive months prior to the date of application, you will need to provide evidence of the source of funds. The list below denotes the permitted source of funds:
As a result of changes in the immigration rules, which came to effect on the 1st of September 2015, Tier 1 Investor applicants will now need to provide overseas criminal record certificates for the country that they have continuously resided in for the past 12 months or more (within the 10 year period prior to submitting their application).
The rules also state that applicants must be at least 18 years of age.
Entry Clearance Officers (ECOs) are very likely to refuse an application if they have reasonable grounds to believe that:
If your visa has been granted, you must ensure that you fully invest the required amount in qualified investment portfolios. Qualified investments include shares, loan capital in active and trading UK companies, or government bonds.
Tier 1 Investor migrants looking to purchase new qualifying investments can do so if they sell part of their current UK investment portfolios. In this case, if the value of their current portfolio falls short of the required investment funds, the applicant will need to replace shortfalls in funds with the new qualifying investment.
The UKBA have introduced transitional arrangements, such that Tier 1 Investor migrants who have been on this application prior to the changes being introduced will not be subjected to these changes when they apply for extensions or settlement (ILR).
If your Tier 1 entry clearance application has been refused, you can challenge the refusal by way of an Administrative Review request to the ECM. This allows the ECM to review the decision that was made by the ECO. If you are not still happy with the decision of the ECM, you can challenge the decision by way of a Judicial review in a High Court.
The Immigration Rules permit an individual to switch into the Tier 1 Investor migrant within the UK if the applicant is currently granted residence as:
If your current leave to remain in the UK is as a Tier 1 investor, you may be eligible to make an application to extend your leave if you score the required amount of points, as well as provide the necessary documents to support your application.
Applicants who wish to extend their stay in the UK under the Tier 1 Investor category are entitled to the points detailed below. This is applicable to all individuals who have:
(pass mark = 75 points)
In a situation where the individual's application was rejected, they can choose to oppose the decision by making an appeal to the First Tier Tribunal in no more than ten days after which the rejection letter was refused. The applicant will receive an extension to remain for 2 years as a Tier 1 Investor migrant if the application is a success.
Please note that the requirements for a Tier 1 Investor visa would normally vary depending on the period the initial leave to remain was granted. If the leave was granted before the 6th of November 2016, the following requirements will be applicable:
As mentioned above, the rules differ slightly for applications granted on or after the 6th of November 2014. For such applications, the following requirements apply:
Please note also, if there is a delay in making an investment, the reasons for the delay must not be foreseeable and must be beyond the control of the applicant. If the reasons relate to the applicant not making a timely decision, the application is very likely to be rejected.
The rules for applying under £5,000,000 are similar to the ones explained above.
Length of Stay
If your Tier 1 Investor extension application is successful, you will be granted a leave of 1 year.
If your Tier 1 Investor application is refused, you may appeal to the first-Tier tribunal. It is important that the appeal is made within 10 workings days from the date of receiving the refusal letter.
Tier 1 Investor visa holders who have completed the required length of stay in the UK as per the qualifying investment amount would be eligible for settlement. It is important they meet all the required and applicable immigration rules.
You will be able to make an application for ILR if you have been in the UK for a continuous period of 5 years as a Tier 1 Investor.
However, there is an accelerated route if you have invested £5m within 3 years. In this case, where you have invested £5m, you may apply for ILR in the third year. Furthermore, you will also qualify for settlement within 2 years (if you have invested £10m).
It is important to note that even after you have obtained settlement (ILR in the UK), you will still need to wait and complete 6 years in the UK to apply for settlement.
ILR applications as a Tier 1 Investor should normally be submitted just before the expiry of your current leave to remain.
Settlement under this route vary, depending on whether the applicant has lived for a continuous period of 2,3 or 5 years (depending on the amount invested under the Tier 1 Investor category).
|Investment amount||When you can apply for settlement|
|GBP 10 million||2 years|
|GBP 5 million||3 years|
|GBP 2 million||5 years|
Accelerated route to ILR - 3 years
As mentioned earlier, Tier 1 investors may still qualify for settlement without spending 5 years in the UK if they have:
If you need any further advice on the Tier 1 Investor route or any other immigration-related query, do not hesitate to get in contact with our team of expert immigration solicitors. We also offer our initial over-the-phone consultation for free.
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.
530 ReviewsREAD ALL REVIEWS