What constitutes a business?
For immigration purposes 'a business' refers to an enterprise as:
You must obtain a visa or entry clearance to set up in business in the UK. Please read the section below for information about making your application. All applications are referred to the Home Office in the UK before a decision can be made and a visa or entry clearance issued.
What do I require to set up in business in the UK?
To qualify you must:
Additionally you must satisfy one of the following:
If taking over or joining as a partner or director in an existing business you should provide:
If you are establishing a new business in the UK you should provide evidence that:
above applies to self-employed Doctors and Dentists.
Who qualifies under the European Community (EC) Association Agreement?
In addition to the general rules about setting up in business detailed above, certain nationals may apply for entry clearance to establish themselves in business under the special provisions of the EC Association Agreements. If you qualify for entry clearance you do not require a work permit. The nationalities covered by this agreement are:
To qualify for entry clearance you must:
If you are establishing yourself in self-employment or as a partner in an existing business you must provide evidence that:
All applications to set up in business in the UK are referred to the Home Office in the UK for approval before an entry clearance can be issued.
How do I qualify as a member of the legal profession?
Members of the legal profession may qualify under special concessionary arrangements outside the Immigration Rules. Applications do not need to be referred to the Home Office in the UK.
Solicitors and law consultants, whether establishing or entering into a partnership in an existing practice in the UK, and barristers setting up in chambers, may enter the UK provided that the following evidence is seen and/or action taken:
Consultants in overseas law:
The requirements for investment and job creation are waived for persons setting up in business within the legal profession in the UK.
The requirement for maintenance and accommodation are the same as for the other types of business covered in this leaflet.
Can my family join me in the UK?
Your husband or wife and your children may apply for entry clearance to join you in the UK provided they can show the following:
Your dependants must obtain an entry clearance before travelling to the UK. If they travel without entry clearance they will be refused admission to the UK.
Do I need a visa?
Yes.You must have a visa before travelling to the UK. You will be refused admission to the UK if you arrive in the UK without a visa.
How do I qualify to travel to the UK as an Investor?
You will need to show that you:
What type of investments can I make?
You may invest in the UK by way of UK Government bonds, share capital or loan capital in active and trading UK companies. For example:
Investments must be made in your name as a general rule to be acceptable to the Home Office, who decide the suitability of applications.
What types of investment can I not make?
Can I re-invest my shares in different companies in the United Kingdom?
You can re-invest your shares provided the new investment meets the requirements of the Immigration Rules and you can provide evidence of your continuing investment.
Can my investments or assets count towards my capital in the United Kingdom?
Once you have invested at least £750, 000 of your capital as required, your remaining capital may include investments and major durable assets in the United Kingdom, such as unmortgaged property and significant works of art, provided they do not account for more than £250,000. Personal effects such as jewellery and antiques do not count as major assets unless it is clear that these items are held for purely investment purposes (valuation must reflect the actual, not insurance replacement, value).
Can the capital be in joint names?
Yes. The capital may be held in joint names of husband and wife if you, as the principal applicant, are to be accompanied by your spouse as a dependant and you both apply for entry clearance at the same time and you both have unrestricted rights of transfer and disposal. No other person should have a controlling interest in the money.
Must I make the United Kingdom my only home?
No. You should, however, spend more time in the United Kingdom than away from it to continue to qualify for limited leave to remain as an investor.
Can my family or I take employment?
You cannot work as an employee but you can engage in business or self-employment, such as a consultant or non-executive director. Your spouse and dependent children, provided they have been given permission to accompany or join you, may take employment, within the existing employment legislation, for the duration of their permission to stay in the United Kingdom as your dependants.
Will I qualify for permanent residence?
You will be able to apply to the Immigration and Nationality Directorate of the Home Office for permanent residence if you:
How do I qualify as a retired person of independent means?
You will need to show:
If you are in doubt about the acceptability of your evidence please contact your nearest British diplomatic mission that provides a visa service for advice.
In addition to the financial requirements you will also need to show that you have a close connection with the UK.
How do I show I have a close connection with the UK?
The following may show a close connection to the UK:
You should describe your circumstances in detail and provide any letters of support that you have at the time you make your application
Can my family join me in the UK?
Your spouse and children under 18 years of age may join you in the UK under the following provisions:
Do I need a visa?
You must obtain a visa before you travel to the UK. You should contact your nearest UK Overseas Mission with a visa section. If your nearest mission does not offer this service they will be able to advise you where to apply.
Visa fee for Business visa of UK is £ 205.00
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