The Tier 1 Entrepreneur Visa category in the United Kingdom is for business people who wish to establish an enterprise in the country. It is also needed by someone who wants to be a part of, or invest into an existing business.
The visa rules for members of European Union have not been formalised yet as Brexit will officially happen by 2017. However if you are coming to the UK as an investor from non-EU country, you need to make an investment of at least £200,000. In case your investment is significantly more than the minimum limit of £200,000 the Home Office can be less stringent with regards to other requirements of the rules. The application is then processed more quickly.
- Qualifications to run your own business
- Invest £200,000 in a new business in the UK.
- Provide full-time employment to at least 2 EEA nationals.
- Work solely for your business.
- Have adequate funds to reside in maintain yourself in the UK until the
- Have a controlling interest in the business.
- Own a share of the business’s liabilities.
- Implement business plans that seem methodical and practical.
Furthermore, remember that while investing money in the UK, it must be your own capital and not a loan from any financial institution in UK or your own country.
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