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Invest in the financial and political hub of the world

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madhu xp

Investment across the borders or conducting business in multiple countries is kind of a necessity for growth of business. Such investments or business conduction earns one Immigrant investor visa of that country. It could be either temporary or permanent residence in the country or could get citizenship of the country too. One such country where conducting business is important for global presence is United Kingdom or UK. UK is a conglomerate of 4 provinces which are England, Wales, Scotland and Northern Ireland.

UK invites competitive industrious individuals into the country through their UK Business investment Visa program to encourage more innovative ideas and businesses to crop-up in the country. UK has introduced multiple pathways to accommodate requirements of entrepreneurs.

UK Start-up Visa Program –

 Anybody who would want to start business in UK, and who lives outside UK and Switzerland can apply under UK Startup Visa program. This program doesn’t require too much of investment from the innovator, however, the innovator will have to earn a Letter of Endorsement from an authorized body.

The businessman must get endorsement from either a UK higher education institution or from a business organization with history of supporting UK entrepreneurs.

The innovator needs to prove that his business idea is fresh, innovative, a viable one and one which can be scaled to international levels. It takes 4-5 months for the processing to get complete while the decision will be told to the innovator applicant in 3 months’ time. With this visa, you can stay in UK for a period of 2 years. Post that, the businessman will need to take up another visa which will allow the businessman to extend his stay in UK. The businessman can bring his family along under this program. The businessman can work for somebody else with this VISA.

Eligibility for this VISA-

  1. A minimum age of 18 years
  2. English Language benchmark
  3. Prove that the applicant will no way be dependent on public funds for daily sustenance in UK

UK Innovator Visa –

Anybody who intends to set-up business in UK or run a business in UK can apply for UK innovator Visa. It is required that such a businessman lives outside UK and Switzerland. The innovator who intends to set up business in UK will have to get endorsement from authorized organization or an approved body.

Such a business should be viable and scalable.

Eligibility for this VISA –

  1. Minimum age of 18 years
  2. Should meet the English language Benchmark
  3. The applicant needs to provide enough proof that he and family will in no way be dependent on the public funds for survival.

The innovator will need a minimum of UK £50,000 as investment funds. This visa takes 3 months for approval and further 2-3months for processing. This visa allows the businessman to live in UK for a period of 3 years. If the businessman is on another visa, he can shift to this visa for extended stay. This visa is further extendable by 3 more years. If proved eligible, the applicant, after 3 years in UK under Innovator visa can apply for settlement in UK. Further, the innovator can apply for citizenship after a few years of living there.

The visa holder can set up ‘n’ number of businesses in UK and can work for self, but cannot apply for job with other companies or organizations.

UK Sole Representative VISA –

UK Sole Representative VISA can be used by a representative of a company located outside of UK and Switzerland to start a branch in UK. This program will take 3 months for process and completion. With this visa, the representative can live in UK for a period of 3 years. The visa can be extended for 2 more years. After 5 years of living in UK, the representative can apply for permanent settlement in UK. Eventually, the representative can apply for citizenship there. With this visa, the representative can work full time for his employer but cannot work for anybody else. The representative can bring his family to UK on this visa.

Eligibility –

  • The representative needs to prove his economic strengths
  • The representative must be an active employee of the business
  • He should prove his knowledge, skills and experience
  • Such a representative should have a senior position in the organization

To relocate to UK under UK Entrepreneur Visa, one can partner with TOP Immigration Consultants who have good strong relations with business organizations in UK. Such immigration companies should have strong international investment immigration presence world-wide.

Source: https://www.apsense.com/article/invest-in-the-financial-and-political-hub-of-the-world.html

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