Entrepreneur Visa (Tier 1)

The Entrepreneur Visa, also known as Tier 1 (Entrepreneur) Visa, is designed for individuals who want to set up or run a business in the UK. This visa allows entrepreneurs to come to the UK to establish, take over, or be involved in the running of a business.

Key features of the Entrepreneur Visa include:

  • Enables individuals to start, take over, or be involved in running a business in the UK
  • Requires access to a minimum investment fund, typically £50,000 or £200,000, depending on the specific visa requirements
  • Valid for an initial period, usually up to 3 years and 4 months, with the possibility of extension
  • Allows entrepreneurs to bring family members to the UK
  • May lead to eligibility for settlement (indefinite leave to remain) in the UK

Eligibility requirements for the Entrepreneur Visa may include:

  • Evidence of access to the required investment funds
  • A business plan detailing the proposed business venture
  • Proof of English language proficiency
  • Compliance with health and character requirements

Application process for the Entrepreneur Visa:

  • Submit a visa application online or by post
  • Provide required documents, including investment funds evidence, business plan, and language proficiency certificate
  • Pay the applicable visa fees
  • Attend any required biometric appointment or interview
  • Wait for a decision on the visa application

If approved, visa holders can establish or run their business in the UK and work towards building a successful enterprise.

For detailed information on eligibility criteria, application process, and visa fees, applicants are advised to consult the official website of the UK Home Office or seek guidance from qualified immigration advisors.