The UK has long been a significant world power, both economically and politically. London is the financial capital of the world, offering an international business environment. The UK is also renowned for having some of the best educational institutions in the world and an open, international culture.
The Tier 1 Innovator Visa is aimed at those who can demonstrate relevant experience in business and requires individuals to set up or run an existing business in the UK. To qualify, applicants must invest GBP 50,000 into a new business that has been endorsed and approved by the Home Office and produce a business plan.
Successful innovators are granted leave for three years at a time and can bring their family members to the UK. After three years, innovators can apply to extend their stay for a further three years or to settle permanently in the UK under indefinite leave to remain (ILR).
1 – 8 weeks from submission of the application to approval
The right to live, work, and study anywhere in the United Kingdom
Attractive tax regime for high-net-worth individuals who are resident but not domiciled
Criteria for the UK Innovator Program
You can apply for a Tier 1 Innovator visa if: • You want to set up or run a business in the UK. You need to have your business or business idea endorsed by an approved body. • You are outside the UK. • You meet the other eligibility requirements (that is, are 18 years old, have sufficient personal savings, and speak the English language).
Additional Residence Visa Option — UK Overseas Business Visa
Prospective investors who are senior employees of an overseas business and would like to go to the UK to set up and run a UK branch or wholly owned subsidiary of that business may be able to submit an application for a sole representative visa. The company must have its headquarters and principal place of business outside the UK and, where applicants are seeking entry as sole representatives, the company must have no other branch, subsidiary, or representative in the UK. Criteria for the UK Overseas Business Visa Applicants must: • Have an intention to work full-time for their current employer in the UK and must have been recruited and employed outside the UK. • Maintain a physical residence in the UK to avoid losing their permanent resident status. • Pass the ‘Life in the UK’ test and an English language exam. The company: • Must have its headquarters and principal place of business outside the UK. • Must have no other branch, subsidiary, or representative in the UK. • Must not have transacted business in the UK. • Cannot have any employees in the UK, although it can have previously used agents, such as distributors, in the UK. • Must be the same type of business as the parent company, which must still be actively trading and remain centered overseas.
Steps to follow
Step 1 - Preliminary Check:
Our specialized team will review the documentation submitted to verify that the immigration requirements are met.In addition, we will verify the transparency of investment funds. As a result, we will have a background check report and signed contract.
Step 2 - Choose of Investment:
You must select the investment option that most convinces and suits you, so that later we can start the process. If you decide to obtain residency through real estate investment, we will help you choose your property based on your needs and desires.
Step 3 - Preparation of documents and sending to the corresponding agency:
We take care of everything: we obtain the criminal record certificates, we fill out and complete the government forms, we certify the documents before a notary, we do the translation and apostille everything (this service has a separate cost), and then we send it to the residence. We present your documents independently and with strict compliance with the requirements, as well as monitoring the progress of the application. As a result, we will confirm the receipt of the documents by the government.
Step 4 - Due Diligence check:
Once the residency agency receives all the documents, the applicant's background check begins. In the event that additional documents are required during verification, we will handle those requests.
Step 5 - Case Investigation:
We look forward to a positive resolution and receive the new documents together with you. If necessary, we can also help you with other operational, commercial and even domestic matters (including the arrangements of additional documents).
Step 6 - Receiving residency:
When the investment and all fees are paid, you receive the certificate of residence. Then, these documents are sent to you, so that after the wait, you can start enjoying them.
Does this residency allow me to obtain citizenship?
No, but after three years, innovators can apply to extend their stay for a further three years or to settle permanently in the UK under indefinite leave to remain (ILR).
For how long will I have the residence?
The residency is valid for 3 years.
What documents are required?
• A completed application form with a photograph. • A copy of your passport. • Documents that prove your income is legal. For example a employment contract. • Certificates of no criminal records. • Health insurance policy. • Payment documents confirming the payment of state duties and fees. • Documents confirming the fulfillment of the investment conditions stipulated in the application.
Is UK Safe?
The United Kingdom is generally a safe place to live. In terms of crime England ranks 36th out of 193 countries. This means that the UK is safer than most countries in the world.
Is dual citizenship accepted in the UK?
Yes, Dual citizenship is allowed in the UK. This means you can be a British citizen and also a citizen of other countries.
With what currency must the residency programs be paid?
This residency program should be paid in euros.
How strong is the UK visa?
The UK passport ranks seven in the world, providing you visa free access to 190 countries in the world.
Can I bring my family in this experience?
Yes, under the Tier 1 Innovator Visa you can bring their family members to the UK.
Can the residence be purchased with an investment in Real Estate?
Unfortunately you can't access to residency by an investment in real estate.
In what cases can my application be rejected?
Most of the applications are authorized, however there are some reasons why you may have difficulty with this residency. Such us: • Having criminal records. • Lack of documentation. • Do not meet the minimum time in the country.
The main applicant must go to the UK?
The whole process can be arranged without being present in the country.