Coronavirus Pandemic – the current COVID-19 pandemic has huge implications for the UK immigration system. New guidelines and advice are emerging daily, we will highlight the key information and provide advice on our dedicated Coronavirus Immigration page, please check it regularly.
The immigration team at David Gray is fully operational and working from home to help and advise you on all areas of immigration law by telephone, email or videoconference. Please contact us by email or call Molly on 0191 232 9547.
Obtaining advice on the available options for visas that can enable to you to do business or invest in the UK is vital given the sums of money and commitment involved and ever-changing requirements.
The Home Office frequently revise the Immigration Rules and their guidance for investment visas and so it is essential to obtain up to date advice on how to meet the requirements.
We can advise applicants with initial applications, extensions of stay and indefinite leave to remain for them and their family members.
Tier 1 Entrepreneurs
This category is now closed for new applicants except those who have had leave in the past 12 months as a Tier 1 (Graduate Entrepreneur) however, it is still possible to extend leave to remain in this category.
Tier 1 Entrepreneurs who have previously had leave as a Tier 1 (Graduate Entrepreneur) need at least £50,000 to invest in a UK business or businesses. There is a need not only to show that the funds are available to invest but that the entrepreneur has a business plan and the necessary skills to put the plan into action.
At the heart of the scheme is the requirement to create new jobs for UK workers through the investment and this is a requirement to be able to obtain an extension of stay after the initial period of leave. Advice is key therefore to identifying viable investment options and a sound business plan to ensure that the investment will achieve job creation.
We have a high success rate with Tier 1 Entrepreneur applications, including challenging refusals.
Tier 1 Investors
Tier 1 Investors need at least £2 million to invest in the UK. The investment itself must be made within 3 months of arriving in the UK or being granted leave in this category and into UK government bonds, share capital or loan capital in active UK companies.
In accordance with rules published by the SRA, as of December 2018 all firms offering this type of work must publish details of prices and personnel undertaking the work. Please see our dedicated fees page for more information.