Tier 1 Entrepreneur Visa UK – Frequently Asked Questions
What do I need to be able to qualify for the Tier 1 Entrepreneur Visa UK?
You must have £200,000 available to invest in a new or exisiting UK Business, you must be able to speak English, you must also be able to support your family financially until your business makes a profit and be deemed a genuine entrepreneur.
How good must my English be to qualify for the Tier 1 Entrepreneur Visa UK?
You must have an approved English test at level B1, or alternatively, if you hold a degree which was taught in English, and is approved by the UK Home Office.
How many years does the Tier 1 Entrepreneur Visa UK last for?
The Tier 1 UK entrepreneur Visa initially lasts for a period of 3 years and 4 months. If you meet the necessary government criteria, you can extend your stay for an additional 2 years. After a total of 5 years, you can apply for permanent UK residency.
Can I ever apply for permanent UK Residency under the Tier 1 Entrepreneur Visa UK?
Yes, as long as you have invested £200,000 into a UK business, and created 2 full time jobs, after 5 years you can apply for indefinite leave to remain.
Can i get Permanent Residency any quicker than 5 years?
Yes, you can apply for permanent residency after 3 years, if your company hires a total of 10 full time staff for a total of 1 year, OR your company creates £5 Million turnover over the 3 year period.
Can I bring my family?
Yes, under the Tier 1 Entrepreneur Visa, you can include your immediate family in your application. This will include your spouse, and any children under the age of 18.
Will my children have access to the UK educational system?
Yes, your children will have full access to the UK educational system, from primary school up to University.
I have a business partner, can we both apply for the Tier 1 entrepreneur visa UK?
Yes, we can combine your applications to create 1 team entrepreneur application. You will need to have £200,000 to invest between you.
Does the £200,000 have to be available at the point of application, or can i show assets with the equivalent value?
Your £200,000 must be liquid (available as cash) at the time of the application. You cannot show assets to the equivalent value of £200,000, it must already be cash in a bank account.
Tier 1 Entrepreneur Visa UK – Why use Residency Invest?
Our fully qualified Expert Legal Team is second to none…
Headquartered in a prime central London location, our legal partners are leading UK immigration law specialists. Well trained in all aspects of UK immigration law including the Tier 1 Entrepreneur and Investor Categories, and all aspects of Student and Marriage Visas. We also ensure that each case is handled by a lawyer with extensive experience in that field of immigration.
We have full range of services to suit every need…
Whether you want to apply for the Tier 1 Entrepreneur Visa in the UK, or you wish to achieve permanent Residency in the USA, our expert team can assess your situation in detail, and offer you the service best matching your requirements.
The small details can make a big difference…
We know that small details can make a huge difference, not only to the chances of a successful application, but to the level of service we give you. We always go the extra mile to make our clients happy.
Honest, Transparent and always Around…
We will always be honest and transparent with you from the start of our relationship. We don’t want to waste your time or ours, so if we think your case has little chance of being approved, we will tell you. We will always strive to give your application the highest chance of approval, and our relationship does not stop once you have visa approval. Once you arrive in the UK we will do our best to support you, helping you find property, schools for your children, or helping you set up your new business.