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Immigration through investment to the United Kingdom

The United Kingdom of Great Britain and Northern Ireland (commonly known as the United Kingdom, the UK, or Britain) is a sovereign state located off the northwestern coast of continental Europe. The UK is a developed country, with the world’s sixth largest economy by nominal GDP and the sixth largest by purchasing power parity. It was the world’s first industrialized country and the world’s foremost power during the 19th and early 20th centuries, but the economic and social cost of two world wars and the decline of its empire in the latter half of the 20th century diminished its leading role in global affairs. The UK nevertheless remains a great power with leading economic, cultural, military, scientific and political influence. It is a Member State of the European Union, a permanent member of the United Nations Security Council, and a member of the Commonwealth of Nations, G8, G20, NATO, OECD, the Council of Europe and the World Trade Organization.

This article describes eligibility requirements, procedure, and advantages of Tier 1 Investor Visa which is residency by investment scheme.

Main requirements to be eligible for the UK Investor Category:

  1. Investor must be over the age of 18 years;
  2. Investor must have money of his own under his control in the UK amounting to no less than £2,000,000 (funds cannot be borrowed);
  3. Investor intends to invest for 5 years not less than £2,000,000 of his capital in the UK by way of share capital or loan capital in active and trading UK registered companies (other than those principally engaged in property investment and excluding investment by the applicant by way of deposits with a bank, building society or other enterprise whose normal course of business includes the acceptance of deposits).
  4. Investor intends to make the UK his main home by spending more time in the UK than somewhere else.

To sum up, if you are a high net worth individual and consider relocation to another country, the UK seems to be one of the best options possible for the following reasons:

  1. Reputable democracy with rule of law.
  2. Quality of life is high compared to many other jurisdictions.
  3. Business and working opportunities throughout the UK and European Union.
  4. Reputable educational system for your children.
  5. Attractive tax regime for high-net-worth individuals classified as “UK resident and non-domiciled”.
  6. Visa-free travel to many countries after obtaining a UK passport (which is possible after 6 years of residence in the country).
  7. Dual citizenship is recognized. You are not expected to renounce your previous citizenship before getting British passport.
  8. After five years, the main applicant, spouse and dependents under the age of 18 can obtain Indefinite Leave to Remain (Permanent Residency) if they satisfy physical presence requirements.
  9. Other reasons of the series “I like and I want it”.

Tier 1 Investor Visa was closed to new applications on the 17th of February 2022.

If you have any questions related to immigration through investment to the United Kingdom, contact us today

Last updated 08.02.2023

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