Tier 1 (Entrepreneur) is designed for non-European migrants who want to invest in UK either by setting up or acquiring companies. They should intend to get involved actively in the running of, a business or businesses. This entrepreneur visa is a points-based system which targets migrants from outside Europe. Applicants should invest a minimum of £200,000 and should work full time to run the business.
If you successfully apply for a visa under Tier 1 (Entrepreneur) from outside the UK, you can come here for a maximum period of 3 years and 4 months. Towards the end of this period, you must apply to extend your stay if you want to continue living here. Entrepreneur Visa holders are allowed to bring dependants (children under 18 years of age, or your husband, wife, civil partner, or unmarried or same-sex partner) to the UK.
Your permission to stay will be subject to the following conditions:
A total score of 95 points is required to qualify for Entrepreneur Visa. Points are given on basis of funds, English language ability and maintenance funds.
Access to investment funds
You have access to not less than £200,000
or
You have access to not less than £50,000 from:
or
You have access to not less than £50,000 and:
or
You have access to not less than £50,000 and:
25 points
These funds are held in 1 or more regulated financial institutions
25 points
These funds are disposable (free to spend) in the UK
25 points
English language
You can speak English to the required standard
10 points
Maintenance
You have enough money to support yourself while you are in the UK
10 points
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Adelaide, Brisbane (1.6 million) Darwin, Hobart, Melbourne, Sydney, Perth
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