UK offers tier1 investor visas for HNW individuals for work or study against a minimum investment of GBP 2 million. The entry clearance is granted for maximum of 3 years and 4 months, which can be further extended for another two years with right to settlement and later citizenship.

 

  • apply to settle after 2 years if you invest £10 million
  • apply to settle after 3 years if you invest £5 million
  • apply to settle after 5 years if you invest £2 million

 

According to the latest statistics released by Home office, a total of 137 applications have been approved for first quarter of 2019.  The number of applications received for this scheme soared by 49% compared to the previous year. Five applications have been refused, bringing £274m investments through this scheme for just the quarter.

 

The visa approval rates for Q1 2019, remains 96%.

 

UK home office announced significant reforms for tier1 investor scheme with new rules  came into effect from  29 March 2019

 

UK investor visas

 

QuarterMain ApplicantsApplicationsResolvedGranted%Refused%WithdrawnLapsed
2018 Q1Tier 1 – Investors1041019695%33%20
2018 Q2Tier 1 – Investors79949298%22%00
2018 Q3Tier 1 – Investors1071019695%55%00
2018 Q4Tier 1 – Investors1071009292%77%10
2019 Q1Tier 1 – Investors15413713196%54%10

 

Applicants are required to open a bank account in the UK and required to pass money laundering checks done by banks.