The United Kingdom is a much preferred overseas destination for investment purposes by the migrant investors from all over the world, mainly from the Indian sub-continent. Great Britain, on its part, welcomes such migrant investors under its various visa categories, such as the UK Business Tier 1 Entrepreneur Visa category.
It is just perfect for those people from the non-European countries, who could be keen to start a venture inside the country, by setting up or taking the control of, and by being actively engaged with the running/management of a firm/organization inside the country. And, who are in a position to successfully cater to the conditions as laid down by the Immigration UK.
UK Business Tier 1 Entrepreneur Visa FAQs
At times, the migrant investors have certain questions related to the visa class even as they wish to find the right answers to these. Many migrant investors wish to know if they can do any type of business inside the UK, and if there are any type of restrictions. The answer is that after the permit is offered, the candidate & his partner are qualified to stay & launch a business across any part of the said nation, and also engage in any permanent legal self-employment break there.
The other frequently asked question involving the UK Business Tier 1 Entrepreneur Permit is how much money they require to invest in. The answer is 200,000 British Pounds even as the same may be either in one or numerous ventures.
Some migrant investors wish to know about the time-period of the UK Business Tier 1 Entrepreneur Visa. The answer is one will, in the beginning, be offered 3 years or 4 months stay. In case he wishes to continue to stay put inside the country– under the class of the Tier 1 (Entrepreneur)–he may duly file a petition for an extension of the time-period of his stay during the last month, prior to the expiration of his authorization to stay inside the nation. And, an extension of 2 years will be offered. Normally, post 5 years of stay inside the nation–as a highly skilled migrant–the candidate may suitably present a submission for settlement.
Yet another question which usually bothers many investor migrant is related to the perfect time to file a petition for the UK Business Tier 1 Entrepreneur Visa. The answer is the economy of Britain has nonstop requirement for very qualified workers & skilled people. And–with the visa procedure for Britain being relaxed at the present–this is the perhaps the best time to file a petition for the said permit.