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Tag Archives: uk investor visa

Significant increase in visa fees to be implemented

In recent times the Government has announced changes to the fees for visa applications, applications for British Nationality and premium services. These changes are due to commence from 6th April 2014.

Minister for Immigration Mark Harper stated in his ministerial statement: “In developing these proposals, the Home Office has sought to limit most increases to 4%.”

The justification for such an increase, he says, is “Given the ongoing need to reduce public spending, we believe it is right that we continue to reduce the contribution made by UK taxpayers towards delivering the immigration system by asking those who use and benefit directly from the system to make a greater contribution.”

As has always been the case the changes in the fees translates to an increase in fees for most visa applications and in some cases the increase in fees is significant and far beyond the 4% increase stipulated. The categories that are most affected by the increase are visit visa applications and dependant applications.

For those who apply to visit the UK after the new fees are imposed, their fees will be increased by 4% (for up to 6 months stay), 8% (for up to 2 year stay) and 6.5% for visits of up to 5 years stay in the UK.

Settlement applications will see an increase of 4% in fees.

Tier 1, Tier 2, and Tier 4 applications made out of country will generally see an increase of 4%, with the exception of the new Tier 2 categories.

Fees for applications for British naturalisation will be increased by 4%.

The most significant increases can be seen in the applications for dependants for Indefinite Leave to Remain. In relation to the main applicant, the increase will be 4%, however, any dependants to an application will see an increase of a staggering 38.7%.

The situation is similar for Leave to Remain applications, where the main applicant fees are increased by 4% but any dependant to the application will have to pay an increase of an astounding 38.8%.

For in country Tier 1, Tier 2, Tier 4 and Tier 5 applications the main applicants will experience an increase of 4% with an average increase for all dependant applications of over 38%.

Given the imminence of the increase in fees for visa applications made both inside and outside the UK, Westkin would urge clients to prepare and submit their applications as soon as possible. As leaders in the field, our lawyers are able to assist with the swift preparation of your applications to ensure that your applications can be submitted before the new fees are implemented.

If you are considering making an application and wish to avoid paying an increased fee, please contact our lawyers. We are experts in all types of immigration applications and are able to provide accurate legal advice and prepare high quality applications within tight deadlines.

Westkin Associates

info@westkin.com

5th Floor, Maddox House,
1 Maddox Street
Mayfair
London
W1S 2PZ
United Kingdom
0207 118 4546

The Islamic Bond: Good news for Islamic UK Investors

Good timing for Islamic UK investors – on Tuesday, October 19, David Cameron confirmed he will be producing an Islamic Bond worth £200 million. The bond is scheduled for the first quarter of 2014, and is set to make London one of the greatest “capitals of Islamic finance“ on the planet.

This is a great time to get a UK Investor Visa.

1.3 trillion

In addition, David Cameron told over 1,800 business and political leaders in London, at the World Islamic Economic Forum, that Britain will get involved with Islamic investments, which is expected to reach 1.3 trillion by 2014.

However, Cameron also promised that both the Islamic Bond (Sukuk) and Islamic index would not support investments which were bias against Israel. Due to concerns that Israeli businesses could be prevented from participation in the project, Boris Johnson was pressured into ordering Transport for London to alter the contract agreement with Emirate Thames cable car.

Britain is open for business

According to a spokesman for the Government:

“”The government’s decision to issue a Sukuk compliant bond is about making sure Britain is open for business – we will not open one door at the expense of another. While the Treasury is still working on the practicalities, we can confirm that the government would never exclude a supplier on nationality grounds.”

Again, the timing has never been better to get a visa for UK Investors.

The investment guidelines and Islamic Law, preventing lenders from charging interest, will be strictly followed by the Sukuk bond.

Largest location of Islamic Finance

London is currently the largest location of Islamic finance not within the Islamic realm.  But, according to David Cameron, the UK has even more ambitious plans. Cameron’s aim is not just to be a great hub of Islamic finance but stand next to Dubai as one of the premiere locations of Islamic finance, globally.

Contact us

Find out how we can get you a UK Investor Visa, with the least path of resistance, by visiting our UK Investor Visa page.

Westkin Associates

info@westkin.com

5th Floor, Maddox House,
1 Maddox Street
Mayfair
London
W1S 2PZ
United Kingdom
0207 118 4546

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