Investing in the UK Through the Tier 1 Investor Visa: What You Need to Know

Business professionals and entrepreneurs from all around the world consider the United Kingdom as their final destination to approach an exclusive career option. People who are liable to invest a hefty amount usually choose the investment visa UK or self employed visa. However, there are several factors associated with these two that should be considered before selecting a right visa route. Here in this specific piece of article we have mentioned everything which you need to know about these UK visa options. 

Definition of Investment Visa UK & Self Employed Visa

First of all let’s talk about the UK investment visa, this visa option is designed for individuals who are ready to invest a heavy amount in the United Kingdom. Investors choose this visa route because it allows them to explore the UK business market and let them bring their dependent family along with them. Through this visa route they can even bring their spouse and children to the United Kingdom. On the other hand if we talk about the self employed visa, it is not exactly a genuine visa route but a combination of skilled worker visa and sponsor licence. This route is curated specifically for entrepreneurs and small business owners who have limited budget but big dreams. However you are planning to settle down in the United Kingdom both routes are eligible and come with impeccable opportunity.  

Difference Between UK Investment Visa & Self Employed Visa

The UK investment visa is made for the high net worth individual. This route has so many benefits as people can bring over their spouse and children. They can work, study and start their own business through this visa route. However, to obtain this visa route they require a UK sponsor or an endorsing body. Apart from that, this route allows them to apply for a permanent residency and after spending five years in the United Kingdom non-UK citizens can even apply for British citizenship. 

Self employed visa is a complex process as it is required to obtain a sponsor licence and skilled worker visa if you want to obtain this route. However, this route is also known as the self sponsorship which eliminates the requirement of a UK sponsor. You can simply sponsor yourself without hustling for a UK sponsor. This route does not require heavy investment, you just need to invest as much as it is required for your business structure. If you are successfully able to run your business in the UK for at least four years you can even apply for British citizenship. 

Conclusion

Now, you must have understood the difference between these two but it is also essential that you must choose your visa option wisely. According to your business model and financial status you can choose any visa route. However, to eliminate the complexities associated with it you can seek help from immigration solicitor firms such as A Y & J Solicitors.