UK Tier 1 Entrepreneur Visa Consultant in India - PowerPoint PPT Presentation

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UK Tier 1 Entrepreneur Visa Consultant in India

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The SmartMove2UK, recognised by WWL as 2016 Corporate Immigration firm and Proud winner of IAE Corporate Immigration Law (India) award for 2016. At SmartMove2UK our immigration solicitors have provided expertise to numerous applicants seeking to apply for a UK Tier 1 Entrepreneur visa. – PowerPoint PPT presentation

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Title: UK Tier 1 Entrepreneur Visa Consultant in India


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1 /24/2018
UK Tier 1 Entrepreneur Visa Consultant in India
Points Based System UK Tier 1 Entrepreneur The
UKs position, both geographically and
financially, puts it at the center of a diverse
collection of markets and sectors. As a result,
there is an increasing demand for entrepreneur
visas to the UK. The UK has options for
investors as well as for entrepreneurs under the
Tier 1 visa. The UK investor visa is the Tier 1
Investor which requires an investment of 2 M.
The Entrepreneur visa for the UK is referred to
as the Tier 1 Entrepreneur visa. The Tier 1
Entrepreneur visa UK is a visa category under
the points-based system that allows you to live
in the UK if youre setting up, taking over, or
actively involved in running a business in the
UK or in other words the Tier 1 Entrepreneur
visa UK is the route for entrepreneurs who would
like to start a new business in the UK or join an
existing business there. The UKs open market
and diversified economy present opportunities
for new investors to access a domestic market
and to use the location as a gateway to the rest
of the world. The Tier 1 Entrepreneur visa is a
kind of UK investor visa as applicants under
this visa category are not allowed to take
employment. One of the major requirements of the
Tier 1 visa category involves having access to
funds of 50,000 or 200,000 (depending on your
circumstances) to invest in your business in the
UK. In addition to the appropriate investment
funds, you would also need to submit a business
plan of your intended entrepreneurial activity
and might be asked to show that you are a genuine
entrepreneur. Based on a World Bank Business
survey, the UK has consistently ranked amongst
the top in Europe and the world in terms of ease
of doing business, over the last
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1 /24/2018 UK Tier 1 Entrepreneur Visa Consultant
in India decade. It offers a number of
competitive advantages as a hub for investors to
conduct their business. The Tier 1 visa UK is a
route for businesspersons, high net worth
individuals, entrepreneurs who want to obtain
residence and settlement in the UK through
investments. Initial Entry Clearance as Tier 1
Entrepreneur The UK Tier 1 Entrepreneur visa of
the points-based system is for non-EEA migrants
who want to invest in the UK by setting up or
taking over, and being actively involved in the
running of, a business or businesses in the UK.
Applications for Tier 1 visa UK require the
applicants to have access to at least 200,000
for investment in the UK (or 50,000 for
applicants applying as Tier 1 Graduate
Entrepreneur). The Tier 1 Entrepreneur visa is
intended to bring in applicants who would be
able to add value to the UK economy by bringing
in the capital and generating full- time
employment. As part of the enhanced screening
process, the Home Office has also introduced a
test of genuineness to ascertain if the
applicant is a genuine entrepreneur. As part of
this evaluation, the Home Office takes into
account various factors including (but not
limited to) Credibility of the investment funds
for UK investor visa and for UK entrepreneur
visa Submission of entrepreneur visa business
plan The extent of market research undertaken
by the applicant Relevant experience in the
field Immigration background of the applicant
(both the applicants if forming an
entrepreneurial team) This visa category also
allows the applicant to form an entrepreneurial
team with one other Tier 1 Entrepreneur visa
applicant and share the same investment
funds. Requirements for 50,000 investment
funds You can apply for a Tier 1 using the
50,000 investment funds if you are able to
secure funding from one of the following sources.
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UK Tier 1 Entrepreneur Visa Consultant in
India Funds from a Department for International
Trade (DIT) approved seed fund UK Government or
devolved government department Venture capital
fund registered with the Financial Conduct
Authority (FCA)
1 /24/2018
You can also make an application based on 50,000
of investment funds if you have already invested
50,000 in a UK business in the last 12
months. Besides, if you were last granted leave
as a Tier 1 (Graduate Entrepreneur) and are
applying for leave to remain from within the UK,
you can apply based on the 50,000 investment
funds. English Language Requirement You need to
meet the English language requirement for the
Tier 1 visa application. This includes either of
the following. Passing an approved English
language test with at least CEFR level B1 in
reading, writing, speaking and listening
or Holding a degree taught in English, which is
equivalent to a UK bachelors degree, masters
degree or PhD. At SmartMove2UK our UK Immigration
solicitors work with Entrepreneurs and
Entrepreneurial teams to advise them on the
feasibility of applying for a Tier 1
Entrepreneur visa to the UK. You can contact us
us if you are seeking legal help from UK visa
consultants in relation to the UK Tier 1
Entrepreneur visa. Switching to Tier 1
Entrepreneur You can switch into the Tier 1
Entrepreneur Visa category from inside the UK if
you have permission to stay in the UK under any
one of the following categories
a highly skilled migrant a Tier 1 (General)
migrant
a writer, composer or artist an investor a
participant in the International
4
UK Tier 1 Entrepreneur Visa Consultant in
India Graduates Scheme (or its predecessor, the
Science Engineering Graduate Scheme) a
participant in the Fresh Talent Working in
Scotland Scheme a Tier 2 migrant a Tier 4
migrant or a Prospective Entrepreneur
1 /24/2018
a Tier 1 (Investor) migrant a business person
an innovator a student a student nurse a
postgraduate doctor or dentist
Extension of Tier 1 Entrepreneur Visa If you are
in the UK on a Tier 1 Entrepreneur visa you can
apply to extend your visa if you meet the
eligibility requirements, which state that the
applicant must be registered as a director or as
self-employed no more than 6 months after the
date you were given permission to stay in the UK
under a Tier 1 Entrepreneur visa can prove
youve been self-employed or working as a
director of a business 3 months before you apply
created at least 2 full-time jobs that have
existed for at least 12 months To qualify for an
extension, the applicant must demonstrate that
they have invested into 1 or more UK businesses
either through 200,000 in cash 50,000 in cash
if your initial application was based on having
funds from an approved funding source The
Extension for Tier 1 Entrepreneur applications is
done by post from within the UK and takes about
8 weeks for the application to be assessed. Once
youve applied, you can stay in the UK until
youve been given a decision, if you applied
before your last visa expired. Indefinite Leave
to Remain as Tier 1 Entrepreneur
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1 /24/2018 UK Tier 1 Entrepreneur Visa Consultant
in India Applicants can apply for an Indefinite
Leave to Remain in the UK as a Tier 1
Entrepreneur. From the 6th April 2011, Tier 1
(Entrepreneur) Migrants have been able to apply
under the provisions for accelerated settlement.
This means that some applicants are eligible to
apply for indefinite leave to remain after 3
years continuous lawful leave in the UK.The
applicant can apply for accelerated settlement
if they can show that they have been able to
create at least 10 full times jobs or the
business has, had an income from business
activity of at least 5 million. For applicants
who do not meet the requirements for the
accelerated route for settlement, the specified
period of continuous leave for settlement is 5
years. Dependents of Tier 1 Entrepreneur A Tier
1 (Entrepreneur) visa will allow the main
applicant to bring their dependants to the UK.
This visa can also be extended from within the
country and it is possible for the main
applicant and their dependants to obtain
settlement based on the same. You should include
any dependants who are on your current visa on
your application for extension including
children who have turned 18 during your stay. If
you would like to ascertain your eligibility for
an entrepreneur visa UK, you can book an
appointment for initial consultation with our UK
Immigration experts. Call us on 91 98191 27002
or email us at info_at_smartmove2uk.com. We
understand that applying for an entrepreneur visa
UK can be challenging given the vast amount of
information on the topic. You can take away the
hassle by opting for a full representation
service Its best to seek professional advice
before you proceed, to save unnecessary loss of
time and expense. At SmartMove2UK our immigration
solicitors have provided expertise to numerous
applicants seeking to apply for a UK Tier 1
Entrepreneur visa.
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1 /24/2018
UK Tier 1 Entrepreneur Visa Consultant in India
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