Affordable Immigration Lawyers London, in West, Central, North, East London – How to Gain British Citizenship by Investment
There are a number of advantages to non-EEA nationals looking to invest in the UK, arguably the most attractive of which is the ability to acquire British citizenship. If you looking for affordable UK immigration lawyers in London to assist with your application for British Citizenship By Investment, Master Legal Services can help.
We are a City-based immigration law firm in London, authorised and regulated by the Office of the Immigration Services Commissioner (‘OISC’). Our UK immigration lawyers provide comprehensive immigration services to businesses as well as to individuals, based inside and outside the UK. If you are looking to gain British Citizenship by Investment, we are one of the best immigration lawyers in London that can assist. Continue reading for further information or feel free to contact our office to speak to an expert on 020 8935 5205 or via Whatsapp on 07710987064.
British citizenship for Investors – How to Acquire it
The Home Office has stated that The Tier 1 Investor Visa category is for high net worth individuals making a substantial financial investment in the UK”.
The amount of investment will be the determining factor of the long-term status of the investor in the UK. When investing in the UK, many investors are often giving consideration to obtaining British citizenship through investment.
In the UK, a Tier 1 investor visa, often known as the “Golden Visa”- well known for being able to obtain settlement in the UK, and avoiding standard requirement attached to other visa categories, such as English language requirement and maintenance fund requirement.
This article will be examining how to get British citizenship by investment.
UK Investor Visa – Investment options
The applicant will be eligible for a Tier 1 (Investor) visa if they meet the following eligibility requirements:
- The applicant is a non-EEA or Switzerland national (who is over 18 years old)
- Invests at least £2,000,00 into the UK
- The minimum investment of £2,000,000 will allow the investor to apply for ILR after 5 years.
- Investment of £5,000,000, will make the investor eligible for ILR after 3 years.
- Investment of £10,000,000 will allow the investor to be eligible for ILR after only 2 years.
It should be noted that the investor will also be subject to the relevant eligibility criteria of naturalisation. However, it is apparent that this route into citizenship is more hassle-free than any other route into the UK. The advantages includes:
- No English Language requirement;
- No maintenance fund requirement;
- If granted this visa, the investor is able to work, study and engage in business activities;
- Essentially, the higher the investment, the sooner they can settle in the UK;
UK investment Visa Rules
There are many aspects of the a Tier 1 investor visa eligibility which is more relaxed than other categories. However the main requirement of funds is something that requires attention from the applicant.
Requirements in relation to the funds:
- The applicant can prove that the money is theirs or their spouse/ partner
- Has opened a UK bank account
- Show that the money is held in a regulated financial institution (e.g. a bank)
- And that the money is available to be transferred into the UK (and can be converted into sterling’s)
It should be noted that the applicant will be asked to provide confirmation of TB test results as well as Criminal Record Certificate.
The £2 million must have been held for three months consecutively before making the application. If the funds have not been held for that period of time then the applicant has to evidence the source of the funds e.g. a divorce settlement, an award, a gift etc. The appropriate documentary evidence will have to be produced to evidence the source of the funds.
The investor is also required to give due consideration to where they are investing. The Immigration rules are clear in stating that the funds needs to be invested in “UK Government bonds, share capital or loan capital in active and trading UK registered companies”.
It should be emphasises that investing in property is will no longer considered an eligible investment in accordance with the Immigration rules. This was removed from the scope of investment in 2014. There are still many investors who have this misconception.
How much investment is required for UK immigration
As mentioned, the minimum investment required for UK immigration as a Tier 1 investor visa is £2,000,000. If this amount is maintained in the UK for 5 years, this will allow the applicant to be eligible for ILR. after It is for the investor to decide if they would like to increase this amount. Significant increases will impact the residence requirement for applying for ILR.
Experienced Immigration lawyers London – How can we help?
Although the requirements into the citizenship by investment seem straight forward, the application procedure, including the application form and the documentary evidence, is far from standard. It requires an experienced and expert immigration lawyers to ensure that the application meets the Home Office requirements.
Master Legal Services is a specialist Immigration firm with a high success rate in investor applications.
Affordable Immigration lawyers London – Contact us:
At Master Legal Services we have extensive experience in processing and organizing Tier 1 (Investor) Visa applications. Rest assured that as one of the best immigration lawyers in London,we can cater our services to your affordability. Our dedicated team has helped applicants from all walks of life in both the UK and abroad to obtain their visas by providing excellent advice and immigration services. Get in touch with us on any of the below methods for further information.
T: 020 8935 5205