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Entrepreneurs

The UK has opened its borders to any foreign individual wishing to set up a new business or manage an existing one in the UK with stakes starting from £50,000. Entrepreneurs wishing to start or run a business with a £200,000 stake will be eligible for the same Tier 1 Entrepreneur Visa under different conditions.

H & S Solicitors will ensure all the paperwork is in order and go through the different steps of the application for you. Our firm’s services supporting your application will ensure a successful return. The benefits of this Entrepreneur Visa include the possibility of working in the UK as an employed or self-employed individual. Foreign Individuals working in the UK on this Tier 1 Visa may bring their spouse and children along on the same visa.

Clients must be aware that travelling on the Tier 1 Investor visa means they may not work for any other entity than that which provided the visa or claim any public funds’ benefits. For those international clients, coming from non-English speaking countries, H & S Solicitors will also provide assistance and direction for the client’s preparation of the English Language certificate, which may be requested in the application of the Tier 1 Visa.

Setting up or managing a business in the UK will likely result in a long-term visa, and can later be used to apply for settlement in the UK or British citizenship. H & S Solicitors follow through with all their clients to reach permanent residency or citizenship in the UK.

Please find below some of the basic conditions of eligibility for the Tier 1 Entrepreneur Visa, for those with a £50,000 starting stake:

  • UK entrepreneurial seed funding competition endorsed by UK Trade and Investment (UKTI)
  • UK government department making funds available for the purpose of setting up or expanding a UK business
  • If you’re from outside the UK you can also apply if your funds are from a venture capital firm registered with the Financial Conduct Authority (FCA).
  • You’ve already invested £50,000 in a UK business less than 12 months before the application

For entrepreneurs with a £200,000 starting stake, the applicant must prove that:

  • the applicant has his own funds
  • those funds are made available to the applicant by other people, such as a spouse, partner or investor
  • the applicant has already invested £200,000 in a UK business, less than 12 months before the application
  • The funds must be held in the UK if the applicant is applying for leave to remain.

The Tier 1 (Entrepreneur) Visa be valid for a maximum of 3 years and 4 months, and will then be possible to extend. H & S Solicitors will also provide assistance to those in the UK on a different tier visa to switch to this category, extending their stay in the UK for another 3 years.

You may be able toapply for settlement(known as ‘indefinite leave to remain’) once you’ve been in the UK for 5 years.

For more information, please contact us. One of our solicitors will deal with your query.

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We serve clients in the following areas of London: Brentford Brentford End Chiswick Hillingdon Heath Ruislip Gardens Ruislip Manor South Ruislip Uxbridge Richmond Upon Thames Barnes Cole Park East Sheen Fulwell Ham Hampton Hill Hampton Wick Kew Mortlake North Sheen Petersham Richmond St Margarets Strawberry Hill Teddington Twickenham Whitton Kingston upon Thames Kingston Vale Wimbledon Park Canary Wharf Docklands East Smithfield Spitalfields Wapping Camden Agar Town Belsize Park Bloomsbury Camden Town Chalk Farm Dartmouth Park Fitzrovia Fortune Green Frognal Gospel Oak Hampstead Haverstock Highgate Holborn Kentish Town Kings Cross Primrose Hill St. Giles St Pancras Somers Town South Hampstead Swiss Cottage Tufnell Park West Hampstead Highgate Muswell Hill Chelsea Harbour Fulham Hammersmith West Kensington White City Islington Clerkenwell Farringdon Highgate Islington Kensington and Chelsea Albertopolis Bayswater Belgravia Brompton Chelsea Chelsea Harbour Earl's Court Holland Park Kensal Town Kensington Knightsbridge Ladbroke Grove North Kensington Notting Hill South Kensington West Brompton West Kensington World's End Bayswater Belgravia Covent Garden Fitzrovia Hyde Park Knightsbridge Lisson Grove Maida Vale Mayfair Marylebone Millbank Paddington Pimlico St James's St John's Wood Soho Victoria Westbourne Green West End of London Westminster City Centre Barnet Arkley Barnet Barnet Gate Brent Cross Brunswick Park Burnt Oak Childs Hill Church End Cockfosters Colindale Colney Hatch Cricklewood East Barnet East Finchley Edgware Finchle Friern Barnet Golders Green Grahame Park The Hale Hampstead Garden Suburb Hendon The Hyde Mill Hill Monken Hadley Muswell Hill New Barnet New Southgate North Finchley Oakleigh Park Osidge Southgate Temple Fortune Totteridge West Hendon Whetstone Woodside Park Ealing Acton Dormer's Wells Ealing East Acton Greenford Hanwell Horsenden Hill Montpelier North Acton Northfields Northolt Norwood Green Perivale Pitshanger South Acton Southall West Ealing West Twyford Park Royal