Best UK Visa Routes for International Business Persons

UK is one of the top economically stable countries. When it comes to attracting foreign investors, UK is ahead of its game. UK immigration laws have been designed to ensure that starting a business with basic seed funding is not too complicated. Setting up your international business in this country is a smart decision with guaranteed profits.

Here are a few options for visa routes for international business persons:

Tier 1 Entrepreneur Visa:

This is a British Points Based System visa issues to international businesspersons. The core requirement of this visa is an investment of £50,000 to £200,000 anywhere in the UK. It is valid for immigrants who wish to establish their own business or join/takeover any businesses in the UK. Under this category, a business can be;

• Sole trader
• Partnership
• Company registered in UK

There is no entry clearance requirement for this kind of visa and can be applied from within the UK.

It allows the applicant to start one or more businesses in the UK. The businessperson can self-employ themselves and be actively involved in the running of the business. A Tier 1 Entrepreneur Visa holder can also sponsor their family and dependent visas and bring them to the UK.

Apart from investing funds, the applicant mustn’t be from an EEA (European Economic Area) country or Switzerland. They are also required to show maintenance funds that will allow them to live independently in the UK for a minimum of one year.

Tier 1 Investor:

This type of visa is meant for a person looking to invest a substantial amount of money in the UK. Migrants over the age of 18 are eligible providing they can invest a minimum amount of £2 million in the form of;

• Shared capital
• UK government bonds
• Loan capital in registered trading companies operating actively in the UK

An active bank account will be needed for the investments. A Tier 1 investor visa holder can enrol on studies in the UK as well as get employed anywhere in the country. Investors can apply for Indefinite Leave to Remain within 2 to 3 years.

Tier 1 Graduate Entrepreneur:

This is a relatively new category introduced by the UK government. Foreign UK graduates who have developed a business idea that can be initiated immediately upon graduating are eligible for this category. There are certain conditions that need to be met to be applicable for this visa;

• Have an endorsement from an authorized UK sponsor for an innovative business idea and entrepreneurial skills.
• Be a Tier 4 visa holder with at least one year of living in the UK.
• Be registered with the local law enforcement agencies.
• Don’t accept any public funding as part of your business campaign.
• Don’t be employed in the UK as a medical practitioner or professional sportsperson.
• Candidates must be over 18 years of age.

As with all Tier 1 visa, the applicant must be from a country outside the EEA or Switzerland. The visa should be switched before the current one expires.

Wembley Solicitors in Middlesex, London are one of the leading experts of UK immigration laws. We can assist you in getting your business visa in the UK with the least hassle and in the shortest time. Call us today to find out about your eligibility.