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The Investor Visa is aimed at individuals who have
at least £1 million of their own money to invest
in the United Kingdom and who want to make the United
Kingdom their main home. Holders of this visa can ultimately
obtain permanent residency status. It is relatively
simple to get a visa to come to the United Kingdom as
an investor if the applicant can provide sufficient
evidence to prove that a large amount of money is in
his or her control to invest in the United Kingdom.
This category of visa is granted initially for a period
of one year. Thereafter it can be extended in the United
Kingdom one month prior to the visa expiry date. After
4 years continuous stay in the United Kingdom on this
visa, the applicant can make an application for a settlement
visa. However, this visa has work restrictions whereby
people cannot take employment beyond managing their
investments.
There are some basic requirements one must
satisfy to be considered for the investor visa to the
United Kingdom
- The applicant needs to invest at least £1
million in the manner provided in the immigration
rules. The money must be under his control and he
must intend to invest in the UK; or
- The applicant must have at least personal assets
of value exceeding of £2 million and has at
least £1 million to invest in the UK which could
be loan lent by a Financial institution which must
be regulated by Financial Services Authority (FSA).
- The applicant must intend to invest not less than
£750,000 in the UK by in one of the following
manners:
- Purchase of UK Govt. Bonds
- Share capital or loan capital in active and
trading UK registered companies
- The applicant can therefore invest in a regulated
collective scheme such as a unit trust as long as
£750,000 is invested in the companies that meet
the requirements of the investor rules.
- The applicant cannot invest in the UK companies
that are primarily involved in property investment
or in Banks or building societies or in offshore companies.
However the money can be invested in wholly owned
subsidiaries of the off shore companies although the
investment must be made in the form of loan capital.
- However, the applicant can keep the rest of £250,000
in the Bank once he has invested £750,000 in
the ways described above.
- Money held in joint names of the spouses can be
accepted as proof of money under control if both of
them apply for entry clearance or leave to remain.
- The applicant must make the UK his main home.
- The applicant must maintain and accommodate himself
and his dependants without recourse to public funds
or any employment.
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