For an individual to be granted an extension under this category (Tier 1 Investor), he/she is required to accumulate sufficient score points as well as make available the applicable evidence as required.
Applicants who wish to extend their stay in the United Kingdom under Tier 1 (investor) category are entitled to points as elaborated in the table below. This is applicable to all individuals that have:
|Attributes (pass mark = 75 points)||Points|
|The person applying owns more than £1 million which is under his/her control in the United Kingdom; or||30|
|The applying person has made an investment of his/her capital worth no less than £750,000 in the United Kingdom through Government bonds, share capital or loan capital in active trading companies registered in the UK rather than companies that are involved in property investments; also have been have been able to make investments the balance worth £1 million on purchase of assets in the UK or has the money deposited in a regulated UK financial institution.||30|
| That the above stated investment were made in the space of three months of the date specified below: |
In a situation where the individual’s application was rejected, he/she 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.