The Tier 1 (Entrepreneur) category of the Points Based System is for those who are investing in the United Kingdom by taking over or setting up and being actively involved in the running of one or more businesses in the United Kingdom.
If you are currently in UK under the Tier 1 (Graduate) Entrepreneur after completing your time on this visa category you will be eligible to switch to Tier 1 Entrepreneur Visa.
You must apply from within the UK.
If your previous grant of leave was in Tier 1 (Graduate Entrepreneur), you are eligible to switch to Tier 1 Entrepreneur with reduced investment funds of £50,000 either from your own finances or from a Seed Fund, Government Dept., Venture Capital Firm.
Previous investments can be counted if they were made 24 months before you were granted leave as Tier 1 (Graduate Entrepreneur). Any investment made more than 24 months before your application will not be counted.
In order to obtain entry clearance or leave to remain within this visa category you must score the required 95 points;
- 75 points for Attributes
- 10 points for English language
- 10 points for Maintenance
You must pass the ‘Genuine entrepreneur’ test.
Length of leave
The Tier 1 Entrepreneur Leave to Remain is granted for 3 years with the possibility of further renewal subject to meeting extension requirement.
Paying the healthcare surcharge
As part of this application you must pay the healthcare surcharge fee.
The cost currently stands at £200 per year.
You can apply for your dependants to live in the UK whilst you hold this visa.
How can we help?
We can help our prospective applicants to submit a comprehensive application. At Master Legal Services LTD we have extensive experience in dealing with Tier 1 (Entrepreneur) Visa applications.
Contact us for a smooth transition from Tier 1 (Graduate Entrepreneur) to Tier 1 (Entrepreneur) Visa.
T: 020 3290 0143
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