Media & Resources

New rules for applying for the UK Tier 1 (Investor) visa will come into force in November 2014.

DATE: October 23, 2014 | AUTHOR: atlawyers

New rules for business  immigration in the UK (hereinafter – the “Rules”), which, in particular, affect application for Tier 1 (Investor) visa, will come into force on November 06, 2014. These Rules involve the following changes:

  • Minimum investment amount threshold was raised from £1 million to £2 million;
  • The requirement of “topping up” the investments in case if their market value falls, has been removed. However, if a part of the investments was sold and the full investment sum fell below the established threshold (£2 000 000), then the investor should within the same reporting period invest in such a way as to the full investment sum was not less than £2 000 000;
  • The full sum should be invested in certain types of financial instruments (shares or granting a loan to a capital of active and trading UK company, UK government bonds), and not only 75% of investments, as it was permitted earlier (25% of investment sum were allowed earlier to be invested in any assets, including real estate);
  • The current rule, under which the investment sum may be received as a loan from a UK financial institution, has been removed.

These changes will refer to applicants, who will apply for Tier 1 (Investor) visa after November 06, 2014.

Posted in News

Leave a Reply