close menu

Changes to Tier 1 (Investor) visa route imminent

by Sable International | Apr 14, 2014
  • A report published by the Migration Advisory Committee (MAC) has recommended changes to the Tier 1 (Investor) Visa, including increasing the minimum £1 million investment to £2 million and removing the ability to borrow the funds required to invest in the UK.
    cloudy-london
    Currently, to qualify for a Tier 1 (Investor) visa, an investor must hold at least £1 million in a regulated financial institution in the UK or have personal assets of at least £2 million (taking liabilities into account); and hold at least £1 million, borrowed from a regulated financial institution. In addition, at least 75% of the £1 million held in the UK must be invested in UK government bonds or active UK trading companies.

    These investors may also become eligible for settlement after five years by maintaining their investments or fast-track settlement after two years or three years when investing £5 million and £10 million respectively.

    Changes proposed by MAC

    The Migratory Advisory Committee has proposed the following changes:
    • Increasing the £1 million investment threshold to £2 million
    • Removing the provision which permits funds invested in the UK to be sourced by way of a loan
    • Relaxing the current restrictions on permissible investments, thereby giving investors more flexibility and control
    • Introducing a premium route which would offer a successful applicant Indefinite Leave to Remain after being a resident continuously for two years.
    Anyone considering investing in the UK should act quickly if they would like to apply under the current rules. While no firm decisions have been made at this stage, the Home Office has previously acted on Migration Advisory Committee recommendations within just a few months.

    For any visa advice, information or services related to UK visas, including the Tier 1 (Investor) Visa, check out what our immigration team has to offer.

    We are a professional services company that specialises in cross-border financial and immigration advice and solutions.

    Our teams in the UK, South Africa and Australia can ensure that when you decide to move overseas, invest offshore or expand your business internationally, you’ll do so with the backing of experienced local experts.

    • australia-multicolour-skyline
      An Australian visa for South Africans over 45
      Jul 26, 2018  |  by Sam Hopwood
    • graduation-students
      Is there life after graduation in the UK? These are your UK visa options
      Jul 24, 2018  |  by John Dunn
    • koalas
      A quick guide to the Australian partner visa
      Jul 16, 2018  |  by Sam Hopwood
    • london-eye
      Why having a partner on an Ancestry visa is the best
      Jul 16, 2018  |  by John Dunn
    • businessman-riding-wave
      New UK visa for entrepreneurs doesn’t require you to have a degree
      Jul 03, 2018  |  by John Dunn
    • medical-staff
      Thousands of UK healthcare jobs up for grabs as Tier 2 visa limits are scrapped
      Jul 02, 2018  |  by John Dunn
    • british-passport-on-union-jack
      Having British citizenship doesn’t guarantee you a British passport
      Jun 25, 2018  |  by John Dunn
    • london-thames
      Don’t just see the world, experience it - go on a working holiday in the UK
      Jun 01, 2018  |  by Sam Hopwood
    • UK flag and crown cupcakes
      Why you want to get your hands on a UK Ancestry visa
      May 22, 2018  |  by John Dunn
    • sydney-australia-harbour
      New Aussie visa route for highly skilled migrants
      Mar 23, 2018  |  by Sam Hopwood
     
     

    South Africa

    Cape Town

    Regent Square
    Doncaster Road
    Kenilworth 7708 +27 (0) 21 657 2120

    Durban

    201 The Annex
    Ridgeside Office Park
    Umhlanga +27 (0) 31 536 8843

    United Kingdom

    London

    Castlewood House
    77/91 New Oxford Street
    WC1A 1DG +44 (0) 20 7759 7514

    Croydon

    5-7 Selsdon Road
    South Croydon
    CR2 6PU +44 (0) 20 7759 7581

    Australia

    Melbourne

    9 Yarra Street
    South Yarra
    VIC 3141 +613 (0) 8651 4500

    Sable International is a trading name of 1st Contact Money Limited (company number 7070528) registered in England and Wales. Sable International is authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (FSP no. 41900) and holds an Australian Financial Services License issued by ASIC to deal in foreign exchange (AFS License number 335 126).

    This site uses cookies, read more or close this notice.