The following Private Client guidance note Produced in partnership with Rose Carey and Katherine Dennis of Charles Russell Speechlys LLP provides comprehensive and up to date legal information covering:
The Tier 1 (Investor) visa is for high net worth individuals who will make a substantial investment in the UK.
The rules for this visa category are contained in paragraphs 245EA–245EF of Part 6A of the Immigration Rules and paragraphs 54–65SD of Appendix A of the Immigration Rules. The Home Office policy guidance can be viewed at Guidance on application for UK visa as Tier 1 Investor.
British citizens, nationals of a member state of the European Economic Area (EEA) and Swiss nationals do not require immigration permission to live in the UK. Therefore, applicants are from outside the EEA. The Tier 1 (Investor) visa category is open to all applicants over the age of 18 as long as they can show that they have the necessary funds for investment in the UK.
Most applications are made from outside the UK in the country the applicant is resident in or a national of. These applications are known as 'visa' applications. In some circumstances an applicant already in the UK with another type of visa may be able to apply from within the UK. This is known as 'switching' and it is only possible to switch from certain categories to the Tier 1 (Investor) category. Applicants applying in the UK are granted a biometric residence permit (residence permit) rather than
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