Tier 1 (Investor): eligibility requirements for extension applications under the pre-6 November 2014 Rules
Produced in partnership with Antonio Lam of Newland Chase
Tier 1 (Investor): eligibility requirements for extension applications under the pre-6 November 2014 Rules

The following Immigration guidance note Produced in partnership with Antonio Lam of Newland Chase provides comprehensive and up to date legal information covering:

  • Tier 1 (Investor): eligibility requirements for extension applications under the pre-6 November 2014 Rules
  • Persons who previously had leave in the predecessor Investor category
  • Extension applications—eligibility
  • Investment within three months of the specified date
  • Money must be held in the UK
  • Loan funding
  • Joint funding
  • Qualifying investments
  • Maintaining the level of investments
  • Balance of funds
  • more

STOP PRESS: This Practice Note is being updated to reflect changes to the Immigration Rules following Statements of Changes HC 1919 and HC 2631. For a full analysis of these changes, see Practice Notes: Statement of changes in Immigration Rules, HC 1919—analysis and Statement of changes in Immigration Rules, HC 2631—analysis.

Significant changes were made to the eligibility criteria for all initial applications in the Tier 1 (Investor) category which were submitted on or after 6 November 2014. However, the Immigration Rules were also amended to ensure that those who had applied for and been granted leave under the Rules in force before that date (the 'old Rules') would not be subject to the new criteria (the 'new Rules') when they come to extend their stay or apply for indefinite leave to remain (ILR). Since that date, therefore, there have been two sets of eligibility criteria which apply to persons seeking to extend their stay in the Tier 1 (Investor) category, and which set applies depends on whether they were granted leave under the old or new Rules.

This Practice Note considers the eligibility criteria for a person who has, or was last granted leave in the Tier 1 (Investor) category, provided that they were last granted leave in this category under the Immigration Rules in force on or before 5 November