UK offers tier1 investor visas for HNW individuals for work or study against a minimum investment of GBP 2 million. The entry clearance is granted for maximum of 3 years and 4 months, which can be further extended for another two years with right to settlement and later citizenship.
- apply to settle after 2 years if you invest £10 million
- apply to settle after 3 years if you invest £5 million
- apply to settle after 5 years if you invest £2 million
According to the latest statistics released by Home office, a total of 137 applications have been approved for first quarter of 2019. The number of applications received for this scheme soared by 49% compared to the previous year. Five applications have been refused, bringing £274m investments through this scheme for just the quarter.
The visa approval rates for Q1 2019, remains 96%.
UK home office announced significant reforms for tier1 investor scheme with new rules came into effect from 29 March 2019
| Quarter | Main Applicants | Applications | Resolved | Granted | % | Refused | % | Withdrawn | Lapsed |
| 2018 Q1 | Tier 1 – Investors | 104 | 101 | 96 | 95% | 3 | 3% | 2 | 0 |
| 2018 Q2 | Tier 1 – Investors | 79 | 94 | 92 | 98% | 2 | 2% | 0 | 0 |
| 2018 Q3 | Tier 1 – Investors | 107 | 101 | 96 | 95% | 5 | 5% | 0 | 0 |
| 2018 Q4 | Tier 1 – Investors | 107 | 100 | 92 | 92% | 7 | 7% | 1 | 0 |
| 2019 Q1 | Tier 1 – Investors | 154 | 137 | 131 | 96% | 5 | 4% | 1 | 0 |
Applicants are required to open a bank account in the UK and required to pass money laundering checks done by banks.
