UK Investment Immigration Program
Apr 22 2022 11:28:01 PM
XIPHIAS Immigration, being a professional international investment immigration agent has its spread in United Kingdom too. We bring to the fore the various immigration programs that helps investors to invest and relocate to United Kingdom thorough UK Investor Visa. United Kingdom or UK is one of the richest countries in the world which spear headed
industrial revolution during the late 18th and early 19th century. UK’s capital London is the financial hub of the world. UK is also cultural hub. The country is an amalgamation of 4 states. UK brings forward world’s high standards of living conditions. Such a country invites interested investors to invest in the country through multiple streams.
UK Innovator VISA Program
All those business enthusiasts who are keen on running their business in UK or who would want to open their business in UK can apply for UK Innovator VISA. To qualify under this program, you cannot be a part of the European Economic Area or Switzerland. European Economic Area includes the whole of European Union, Norway, Iceland and Liechtenstein. You need to be at least 18 years of age and should be of sound health. You will need to produce a certificate from local authorities of your country stating that you are of good character with no criminal records to your name. You need to meet English Language requirements and should be able to prove that you can support self financially without depending on the state.
To qualify for this program, the major requirement is that you need to make an investment of UK £50,000 as investment funds. This program doesn’t need you to prove the source of your income.
To prove that you are self-sufficient, you need to have a bank balance of £945 or equivalent for a period of not less than 90 consecutive days just prior of submitting the application. Source of this amount needs to be proved and it is independent of the Investment fund.
The most important requirement is that the investor needs to get endorsed by authorized endorsing bodies. This means that you, the investor will be submitting your business idea to these endorsing bodies and they if satisfied will be qualifying your idea for further processing. To qualify, your business idea must be a fresh new one and it should show promise for growth.
It takes 3 months for the whole process to be complete. However, the decision on your visa will be communicated to you within 3 weeks of receiving the application.
This VISA is valid for 3 years’ time and it can be further extended/ renewed as many times as possible. However, you become eligible to apply for settlement VISA otherwise known as the “indefinite leave to remain” status post three years of living in the UK.
With this VISA, you can set up your business or multiple businesses. You can work for your business in whatever capacity possible and can also bring your family on this VISA to UK. However, you cannot work for anybody else outside your business and shall not try to get public funds. XIPHIAS Immigration provides the right immigration Innovator VISA Guidance for you to make the right decision to go ahead.
To qualify for citizenship, you will have to further wait a 5years time.
UK Start-up VISA Program
All those individuals who would want to set-up their business in the UK can utilize UK Start-up VISA program. You cannot be part of UK, the European Economic Area and Switzerland. This program too needs that you get a letter of endorsement from the authorized body which is either a UK higher education institution or a business organization with a history of supporting UK entrepreneurs. For that you will have to submit your business idea to one of these said organizations. Your business idea should be new, original and innovative with the potential of growing multi-fold over a period of time. You should have good command in English language and the same should be presented by any authorized testing agent.
You will need to maintain a minimum balance of £945 or equivalent in your bank for consecutive 90 days to prove that you are self-dependent for your finances.
This VISA takes 3 months to be processed and the decision on the visa is communicated with in 3 weeks of applying for the VISA. This is a 2 year VISA program and it cannot be renewed. The only way to go ahead is to switch to other VISA programs after the 2 years.
With this VISA you can bring your family members to the UK. You can work for some other business as an employee while setting up your start-up.
UK Sole Representative Business Program
The whole purpose of you coming to UK will be to set-up a subsidiary of your business in UK. It will be a long term assignment. Other representatives of media and broadcasting can utilize this program.
This again takes 3 months to be processed and the decision will be communicated within 3 weeks of submitting the application. The fees for this is UK £610.
You need to be working for the business for a few years just prior the submission of the application. You can live in the UK with this visa for a period of 3 years and can be further extended by 2 more years.
With this VISA, you can work for your company. You can bring your family to UK under this program. However, you cannot seek employment outside the company you are currently representing. You cannot stay beyond the period defined by your employer. You will not try to obtain public funds nor will you be able to switch from this visa to any other visa.
XIPHIAS Immigration is immigration law firm who best immigration consultants and can provide support to all those interested investments to make right investments and to help them obtain their INVESTOR VISA.
To Know more about the Application Process and your Eligibility