If original leave to stay was granted before 6th November 2014
The following conditions must be fulfilled:
- Have not less than £1 million under your control in the UK.
- Invest capital of value not less than £750,000 in the UK in UK Government bonds, Share capital or loan capital in an active and trading company/companies registered in the UK provided the company is not principally engaged in property investment, and
- Invest balance of the £1 million borrowed in deposits in a UK-regulated financial institution or utilize the balance for purchase of assets within 3 months of
- Date of entry or date of entry clearance if you were granted entry as a Tier 1 (Investor)
- Date of grant of leave to remain as Tier 1 (Investor)
You can rely on money owned singly or jointly by either yourself or your spouse, civil partner, unmarried, or same sex partner as long as you have unrestricted right to transfer and dispose the money and have permission of your partner to control the money in the UK.
Maintenance of Investment
The minimum investment of £750,000 must be maintained at that level throughout the period of your leave to enter and stay in the UK. You can change your investments as long as the level of investment does not fall below the minimum amount.
If value of your investment fluctuates, then it must be corrected by the next reporting period.
You must submit portfolio produced by a UK regulated financial entity or direct evidence in event you manage your investments on your own or if the portfolio is managed by an entity not regulated by the UK.
The total investment throughout the period should not fall below £1 million. If you have invested £1 million, then no balance of funding is necessary.
If you have invested between £750,000 and £1 million, you must provide evidence of balance of funds and maintain the same to ensure the total investment level does not fall below £1 million.
If original leave to stay was granted on or after 6th November 2014
The following conditions must be fulfilled:
- Invested not less than £2 million in the UK in UK Government bonds, Share capital or loan capital in an active and trading company/companies registered in the UK provided the company is not principally engaged in property investment, within 3 months of
- Date of entry or date of entry clearance if you were granted entry as a Tier 1 (Investor)
- Date of grant of leave to remain as Tier 1 (Investor)
You can rely on money owned singly or jointly by either yourself or your spouse, civil partner, unmarried, or same sex partner as long as you have unrestricted right to transfer and dispose the money and have permission of your partner to control the money in the UK.
Maintenance of Investment
Investors are not required to bring in additional funds even if the value of the original investment falls below the prescribed minimum value of £2 million.
If the original investment is sold at a loss, then the amount received from such sale must be reinvested in an eligible investment within six months or before the next reporting period after the sale, whichever is earlier.
If original leave to stay was granted on or after 6th April 2014
All requirements applicable on or after 6th November, 2014 shall continue to be applicable, subject to these new rules:
- Minimum age to qualify for the Tier 1 (Investor) visa has been increased from 16 years to 18 years.
- Applicants are required to open a bank or investment account in a FCA-regulated institution in the UK before submission of the Investment Immigration application form.
- Payment of fees, transaction charges, and taxes can be made from the investment portfolio only if such payments do not reduce the value of the investment below the minimum requirement of £2 million.
