Are you a self-motivated business person and eager to start afresh in Europe? If ‘yes’, then you may like to think about the UK. The country in no way needs an introduction. It is a highly developed nation that draws 100s of 1000s of people every year.

Today, when many European countries are going through a great economic hardship, the UK in no way is likely to get affected by it. In fact, some economists believe that the country’s economy will grow further and help the economy of other countries. Given this, you have every reason to bank on the country’s economy.

At present, it is the UK that is receiving the highest number of immigrants. If it attracts you and you think that through your business skills you can change your destiny, then you may apply for UK Tier 1 Visa (Entrepreneur).

It is an easy pathway for those who wish to become the Permanent Resident (PR) of the country. Potential applicants, with innovative business plan, can easily acquire the UK PR by making a onetime investment of either 50,000 or 200,000 British Pounds, whichever is possible.

UK Tier 1 Visa (Entrepreneur)

It is a point based visa and especially designed to attract non European citizens with innovative business plans to invest in the country. Initially, eligible candidates get a visa for three years and four months which can be further extended on request.

A candidate becomes eligible to apply for PR only once he has lived and worked in the country for not less than three years. Primary applicant may bring along his partner and children of 18 years or below.

Tier 1 Visa–Major Requirements

1. The candidate either agrees to make an investment of 50,000 or 200,000 Pounds in either one or more than one business venture in the country.
2. He must hold the designation of director of the company.
3. He must be actively involved in running of the business.
4. To become eligible, the applicant must get 95 points on the point system.
5. He must have enough financial resources to support his stay along with family members in the country.
6. He must be fluent in English and to prove it he must submit a language test score.
7. Through the business venture, the applicant must be in a position to create not less than two full time jobs for the EEA citizens.
8. He must have the major controlling power of the business venture.

The category is restriction free. Candidates are neither asked for work experience nor does he needs to have set skills. Beside Bachelors/Masters Degree recognized by the UK education department, no other hard and fast rules are fixed.

The UK is a dream country of many people, and they are ready to do anything just for one round of trip, and here you are getting an opportunity to settle in the country permanently. The country is eager to accommodate young entrepreneurs who are keen to use their business skills and establish a venture that is beneficial for the national economy.