UK Entrepreneur Visa - Richmond Chambers LLP
-
Upload
richmond-chambers-llp -
Category
Law
-
view
93 -
download
1
Transcript of UK Entrepreneur Visa - Richmond Chambers LLP
Tier 1 Entrepreneur Visa
Richmond Chambers LLP | Seven Henrietta Street | Covent Garden | London | WC2E 8PST: 0203 617 9173 ▪ F: 0203 004 1611 ▪ E: [email protected]
www.richmondchambers.com
• The Tier 1 (Entrepreneur) category is for non-European nationals who want to invest in the UK by setting up or taking over, and being actively involved in the running of, a business or businesses in the UK.
• Entrepreneurs may bring their dependent family to the UK and their family members can take employment and/or study during their stay in the UK.
Introduction
• Access to not less than £200,000 investment funds • Funds are held in regulated financial institution(s) within the UK or overseas• Funds are disposable in the UK • Satisfy the Genuine Entrepreneur test • English language requirement (equivalent to IELTS 4.0) • Maintenance funds (£3,100 for outside the UK or £900 for inside the UK)
Initial Applications
• Invested not less than £200,000 in cash directly into one or more businesses in the UK (share capital/director’s loan is also allowed)
• Registered as a director or self-employed within 6 months of grant of leave or entry to the UK
• Registered as a director or self-employed prior to the date of application • Created the equivalent of at least 2 new full-time jobs (30 hours per week)
for at least 12 months• English language requirement • Maintenance funds (£900)
Extension Applications
• Usually 5 years to settlement but 3 year fast-track route to settlement if 10 new full time jobs were created or £5 million gross income was generated
• Still registered as a director or self-employed • Created the equivalent of at least 2 new full-time jobs (30 hours per week)
for at least 12 months• Maximum of 180 days absent from the UK during each 12 months• Passed the Life in the UK test • Satisfy the English language requirement • No unspent convictions in the UK
Settlement Applications
The 5 year route
Initial application
Show access to investment funds + English language + Maintenance + Genuine Entrepreneur test Three years and four months granted / Three years granted
Extension application
Invested £200,000 cash into one or more businesses in the UK + Registered as self-employed or director + Created two full-time jobs + Maintenance
Two years granted
Settlement application
Still registered as self-employed or director + Maintained two full-time jobs + Spent specified continuous period lawfully in the UK
Indefinite leave to remain granted
British citizenship
No investment funds required Obtain British citizenship and British passport
• Expert advice as to the requirements of the Immigration Rules;• Expert advice as to the required supporting documentary evidence;• Checking of content and format of supporting documentary evidence;• Assistance with completion of relevant application forms; • Drafting of detailed personal statement(s);• Supporting legal submissions drafted by a specialist immigration barrister;• Entrepreneur interview preparation sessions; • Ancillary relocation services provided by our trusted partners (including
airport transfers, school and university placement, tax advice, property search, private banking and wealth management).
Our Tier 1 Entrepreneur service
For further information about coming to the UK as a Tier 1 Entrepreneur, contact us today:
Richmond Chambers Immigration Barristers Seven Henrietta Street Covent GardenLondonWC2E 8PS
T: + 44 203 617 9173E: [email protected]: www.richmondchambers.com
Contact Us