United Kingdom

Permanent Residency

Why choose United Kingdom?

In addition to its position on the world stage as a significant world economic and political power, the UK is also renowned for having some of the best educational institutions in the world. As a place to live and work entrepreneurial business is actively encouraged and you can enjoy free state education (pre university level) and free health care. Being the home of the Commonwealth has welcomed many people to its shores giving a truly colourful and diverse international flavour to everyday life with an eclectic mix of religion, language, aromas and cultures all blending into one.

Tier 1 direct Permanent Residencywas closed on 17 February 2022

United Kingdom Residency by Investment

Innovator Founder Visa

Processing time: 4 weeks

Visa Validity: 5 years

Eligibility to apply for Permanent Residency: after 5 years

1. Min investment $100,000

2. Innovative - different from anything else on the market

3. Your business or business idea has been endorsed by an approved body, which the government endorsing body.

4. Viable, with potential for growth

5. Scalable - you must give evidence of planning that includes creating jobs and growing into national and international markets.

Self-sponsorship Skilled Worker Visa

Processing time: 1-2 months

Fast track: 2 weeks

English Requirement - IELTS 4.0

Visa Validity: 5 years

1. Min investment $100,000

2. Established a company

3. Company must apply for Skilled Worker sponsor license before you can apply for a visa for yourself

4. Requirement for Skilled Worker sponsor license

Mandatory document:

Evidence that the business has a current, corporate bank account with a bank registered by the Financial Conduct Authority and the Prudential Regulation Authority in the UK;

Plus any three of the following documents:

Proof that the business has registered with HMRC as an employer for PAYE and National Insurance; or
Proof that the business has registered for VAT; or
Proof that the business has employer’s liability insurance cover for at least £5m from an insurer authorised by the Financial Conduct Authority; or
Proof of ownership or lease of business premises by the business; or
Most recent annual accounts of the business.

5. Assign a Certificate of Sponsorship - issue by UK Immigration

6. Apply for Skilled Worker Visa

l Setting up a new business in the UK, or you own an existing UK business, you may be eligible for a Skilled Worker visa via self-sponsorship, that is by being sponsored by your own UK company.

l Your UK business will need to obtain a Skilled Worker sponsor license before you can apply for a Skilled Worker visa through self-sponsorship.

25 %

Below 50k pound - 19%

50k to 250k - 26.5%

Bank Account

1. Account opening from abroad within 3 months of moving to the UK.

2. 25,000 pounds saved or invested with the bank.

3. Proof of identity

4. Proof of UK address

FAQ

1. How many days I need to reside in UK to be able to apply PR?

Spend 6 months per year for 5 years.

2. For innovator visa, do is there a turnover requirement?

Annual turnover of half a million pounds.

3. Do I need to hire staff?

Yes, you need to create 5 jobs for local or permanent residency.

4. Self-sponsorship skilled worker visa, how long does it take to be able to apply for Permanent Residency? Is the sum bigger will affect the duration of when they can apply for PR?

- After 5 years, can apply for PR.

- After 3 years, excel on certain industry. Fintech, IT, research, drama theatre

5. How many stage is there for Innovator Visa assessment by endorsing body?

Stage 1 & Stage 2