Q&As

What will be the ‘specified date’ for the investment that a Tier 1 (Investor) migrant must demonstrate and provide investment evidence from when making a second extension application in this category eg due to them not qualifying for indefinite leave to remain?

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Published on LexisPSL on 04/07/2018

The following Immigration Q&A provides comprehensive and up to date legal information covering:

  • What will be the ‘specified date’ for the investment that a Tier 1 (Investor) migrant must demonstrate and provide investment evidence from when making a second extension application in this category eg due to them not qualifying for indefinite leave to remain?

What will be the ‘specified date’ for the investment that a Tier 1 (Investor) migrant must demonstrate and provide investment evidence from when making a second extension application in this category eg due to them not qualifying for indefinite leave to remain?

For the purposes of this Q&A it is assumed that the individual first entered the Tier 1 (Investor) category with entry clearance on the basis of an application made before 6 November 2014.

The specified date is a term referred to in the Home Office policy guidance for Tier 1 (Investor). This guidance states the following at paragraph 87:

‘We will check that you made the full investment required within 3 months of your specified date. The specified date refers to the date that you entered the route.’

The Immigration Rules, Appendix A, Table 8B provides further detail on how the specified date should be identified, and is produced below.

Table 8B: Applications for entry clearance or leave to remain from applicants who initially applied to enter the category before 6 November 2014 as referred to in paragraph 56(b)

Money and investmentPoints
The applicant:
  1. has money of his own under his control in the UK amounting to not less than £1 million, or

  2. (i) owns personal assets which, taking into account any liabilities to which they are subject, have a value of

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