{"id":1213,"date":"2019-03-16T13:00:39","date_gmt":"2019-03-16T13:00:39","guid":{"rendered":"https:\/\/wembleysolicitors.com\/blog\/?p=1213"},"modified":"2019-03-11T09:45:08","modified_gmt":"2019-03-11T09:45:08","slug":"tier-1-entrepreneur-visa-choosing-the-correct-route","status":"publish","type":"post","link":"https:\/\/wembleysolicitors.com\/blog\/tier-1-entrepreneur-visa-choosing-the-correct-route\/","title":{"rendered":"Tier 1 Entrepreneur Visa \u2013 Choosing the Correct Route"},"content":{"rendered":"<p>An <a href=\"https:\/\/www.entrepreneur.com\/article\/316126\"><u>article<\/u><\/a>\u00a0published by the <em><i>Entrepreneur Europe<\/i><\/em>\u00a0states that an influx of entrepreneurs is expected in the UK\u00a0due to improvements made to their immigration\u00a0and entrepreneur\u00a0visa\u00a0process. If you\u2019re an entrepreneur who wants to capitalize on the UKs thriving trade and commerce, a tier 1 entrepreneur visa is for you.<!--more--><\/p>\n<h2><strong><b>Basic Eligibility <\/b><\/strong><\/h2>\n<p>Before reading on, you might want to make certain that you are eligible to apply for a tier 1 entrepreneur visa to the UK. The eligibility criteria includes the following:<\/p>\n<ul>\n<li>Cannot be a UK National or a European.<\/li>\n<li>Have access to the minimum required investment funds.<\/li>\n<li>Possessing a viable business plan or idea.<\/li>\n<li>The required set of skills as well as any knowledge relevant to smooth running of the business.<\/li>\n<li>Showing proof of English language proficiency as well as emergency funds.<\/li>\n<\/ul>\n<h2><strong><b>Choosing the Right Route <\/b><\/strong><\/h2>\n<p>If you meet the basic eligibility criterion, you\u2019re probably thinking what next? Before getting into the details of tire 1 entrepreneur visa application, it helps to be clear on the routes you could potentially take for the same.<\/p>\n<h3><strong><b>Larger Investments <\/b><\/strong><\/h3>\n<p>To make thing simple, there are two minimum required investment amounts that you could potentially opt for. Those wishing to invest larger amounts may opt for the minimum investment amount of \u00a3200,000. You will need to provide documentation as evidence that you have access to such a sum for investment when the need arises.<\/p>\n<h3><strong><b>Smaller Investments <\/b><\/strong><\/h3>\n<p>Alternatively, you may even opt to make a smaller minimum investment. The minimum required here is \u00a3 50,000. This being said, there are certain conditions that apply to this size of investment that a qualified immigration solicitor would be able to help you with.<\/p>\n<h3><strong><b>Shared Funds <\/b><\/strong><\/h3>\n<p>Finally, the UK also offers two tier 1 entrepreneur visa applicants to each contribute to the pot of investment funds. This is done by entering an agreement legally referred to as an entrepreneurial team. Again, there are certain eligibility criteria for this route of application that you need to be mindful of.<\/p>\n<h2><strong><b>Do I Need a Solicitor? <\/b><\/strong><\/h2>\n<p>Being a legal service provider offering a range of legal services\u00a0and trained solicitors\u00a0to clients in the UK, we do recommend that you <a href=\"https:\/\/wembleysolicitors.com\/uk-immigration\/work-visas-tier-1-2-5.html\"><u>hire and work with an immigration solicitor<\/u><\/a>. An immigration solicitor will help streamline your documentation and through adherence to procedure will raise your chances of having your application accepted.<\/p>\n<p>Tier 1 Entrepreneur Visas have a rejection rate of a little over forty percent so you want to do your due diligence before you apply. If you need an immigration solicitor to work with on your tier 1 entrepreneur visa application, <a href=\"https:\/\/wembleysolicitors.com\/contact-us.html\"><u>connect with us<\/u><\/a>! In any case, good luck applying!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An article\u00a0published by the Entrepreneur Europe\u00a0states that an influx of entrepreneurs is expected in the UK\u00a0due to improvements made to their immigration\u00a0and entrepreneur\u00a0visa\u00a0process. If you\u2019re an entrepreneur who wants to capitalize on the UKs thriving trade and commerce, a tier 1 entrepreneur visa is for you.<\/p>\n","protected":false},"author":1,"featured_media":1214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tier 1 Entrepreneur Visa \u2013 Choosing the Correct Route - Wembley Solicitors (Law Firm in London)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wembleysolicitors.com\/blog\/tier-1-entrepreneur-visa-choosing-the-correct-route\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tier 1 Entrepreneur Visa \u2013 Choosing the Correct Route - Wembley Solicitors (Law Firm in London)\" \/>\n<meta property=\"og:description\" content=\"An article\u00a0published by the Entrepreneur Europe\u00a0states that an influx of entrepreneurs is expected in the UK\u00a0due to improvements made to their immigration\u00a0and entrepreneur\u00a0visa\u00a0process. 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