An investor’s Journey to British Nationality
High value individuals may want to consider applying for a UK investor visa. Investor visas are for individuals who want to move to the United Kingdom and have the necessary funds to invest here. Individuals must meet the eligibility requirements, including being from outside of the EEA and having the necessary funds to invest £2 million or more in the United Kingdom.
If you are interested in the United Kingdom Investor Visa, Westkin Associates can assist you with the application process. We will assist you with organising your documentation, evidencing your funds, and setting you up with a wealth management company who will help you with looking after your assets and investments within the United Kingdom. The UK Investment Visa boasts some great benefits for applicants, including opportunities for settlement in the UK.
Once the investor visa has been obtained, you will want to follow the following steps to ensure that your investment process runs smoothly. A wealth management company will be able to assist you with this.
You will need to invest your funds within three months of your arrival to the UK. There are a variety of companies which you can invest in, but they have to fit in with the specified criteria. You can invest in either Private companies or Public companies, these companies must be registered and operating in the UK. This is very important and your investment may not count if this essential step is not followed.
Once you have identified the companies that you will invest in you need to identify what you will be given from the company in return for your investment as there a specific list of things that are permitted by the UKBA.
These are, Government Bonds, Shares, Corporate Bonds or loans.
You will have to invest a minimum of 750,000 in this areas.
What can you do with the remaining 250,000 of your investment funds?
Well, you can keep these funds held with a UK financial institution, or use it towards the purchase of a UK a residential property which you will be living in.
Lets assume that you have invested the 750,000 and either put the balance in an account or used the money to buy a property,what next?
The most important thing is that you keep all the documentation showing that your aggregate of 1 million has been invested for the next three years. typically your bank or broker will provide you with a quarterly report about your investments and you will normally get monthly or quarterly bank statements if you decided to keep the 250,000 in an account.
After the first three years what happens. well you have to apply for a further two year extension and in this application you will need to include the documentation showing that the money has remained “invested” throughout that period.
You have now been granted an extension – what next? well exactly the same for the next two years and at the end of the five year period.
During the five year period how long do i have to be in the UK? Six months in every year. It is very important to keep a travel diary/log which keeps track of your movements in and out of the UK.
Our team at Westkin are very experienced in assisting individuals with their applications for Investment Visas. If you would like any assistance with your visa application and would like to discuss it with a member of our highly experienced team of lawyers, please do get in touch with our team and we will be happy to assist you.
5th Floor, Maddox House,
1 Maddox Street
0207 118 4546