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Your Path To UK Citizenship By Investment

The UK is renowned as a top choice for those looking to invest in a country’s economy while securing a pathway to citizenship. British citizenship by investment brings forth a plethora of advantages, from access to excellent healthcare and education systems to the freedom to reside and work in one of the world’s most welcoming nations.

For further insights on obtaining UK citizenship by investment, don’t hesitate to connect with one of our immigration solicitors. Reach us at 02033844389 or conveniently contact us online today.

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Overview of UK Citizenship By Investment

Citizenship by investment, often called economic citizenship, is a way for people to become citizens of a country by investing a large amount of money into its economy and infrastructure.

At this time, there is no direct citizenship by investment option available in the United Kingdom. Nevertheless, there are other ways to become a British citizen. People with a lot of money can use the Tier 1 Investor Visa programme to get permission to live and work in the UK in return for investing a large amount of money there. This visa does not give you citizenship right away, but it can help you get permanent residency and, finally, citizenship.

The Tier 1 Entrepreneur Visa programme lets people start a business in the UK or invest in one. This is another way to become a British citizen. Applicants can increase their chances of becoming settlement and citizenship candidates by showcasing their business spirit and dedication to the UK economy.

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Overview: British Citizenship

What are the Benefits of UK Citizenship?

People who want to live, work, and do well in the United Kingdom may be interested in becoming British citizens. Here are a few important pros:

Being able to live and work in the UK

As a British citizen, you can live and work in the UK without any problems caused by immigration rules. This gives people more security and choices when it comes to jobs and where to live.

Getting to public services

People in Britain can use a wide range of public services, such as the National Health Service (NHS) for health care, schooling, and social welfare benefits.

The right to vote

People who live in Britain can take part in democracy by voting in referendums, elections for Members of Parliament (MPs), and local council elections. If they meet the requirements, they can also run for public office.

Benefits of travel

Anyone from Great Britain can visit any country in the European Union (EU) or the European Economic Area (EEA) without a visa. They also get help and safety from embassy staff while travelling abroad.

Privileges with a passport

People who live in Britain can apply for a British passport, which is accepted and valued all over the world. A British passport lets you enter many countries visa-free or with a visa on arrival, making it easier to travel for work, pleasure, or family reasons.

Transferring citizenship

Children born to British citizens can get British citizenship, but only if they meet certain requirements. These can be met inside or outside of the UK. In this way, the rights and benefits of being a British citizen will be passed onto future generations.

Emotional safety

Getting British citizenship can help people feel like they belong and have an identity, especially those who have made the UK their home and want to join British society fully.

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Investment Opportunities in the UK and Paths to British Citizenship

If you stay in the UK on an investment visa for a while, you can get Indefinite Leave to Remain (ILR) status, which can lead to British citizenship in the long run.

British citizenship and, subsequently, a British passport, are available to anyone who has been a resident of the UK with ILR status for a certain amount of time.

Which visas can investors apply for?

Three different kinds of visas can lead to British citizenship:

  • UK Investor Visa
  • UK Innovator Founder visa
  • Start-up visa UK

Please be aware that new applicants can no longer get the Investor Visa, which is also called the Tier 1 Investment Visa.

People who already have an Investor Visa UK can apply to extend it, and the time they spend in the UK will count towards their future ILR application.

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Investor Visa

The Tier 1 Investor visa was a special type of UK investment citizenship visa that let people live in the UK with their families. New applications could no longer use this route after 2022.

Cost of visa1623£
The validity period of an investor visa3 years & 4 months
3 years in the UK
Investments£2,000,000+
Option for renewalTwo more years
English language knowledgeNot needed
Permanent residenceAfter 5 years

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How to Renew or Extend the Investor Visa?

If someone wants to extend their visa, they must continue to live in the UK and keep investing the necessary amount while they have an Investor Visa.

In order to get an Investor Visa, you had to spend at least £2 million. However, investors with a £5 million or more investment can get permanent residency in three years instead of five.

It can take up to 8 weeks to process an extension request for an Investor Visa, but you can use the priority service to speed up the process. Making an appointment with the UK Visa & Immigration Service cuts down the wait time to 5 working days or less.

However, applying for an extension can take a while because the rules about what kind of investment is allowed can be hard to understand.

People who have an Investor Visa and want to extend it can stay in the UK during the process. They don’t have to go back to their home country, as long as they apply for the extension before their current visa ends.

It costs £1,623 to renew an Investor Visa. This is on top of the NHS fee that you have to pay to get medical care in the UK.

Call us at 02033844389 to know more about the investor visa process.

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Innovator Founder Visa

Entrepreneurs can apply for the Innovator Visa. In order to live and work in the UK, holders must invest at least £50,000 in a business.

In the long run, this visa can lead to British citizenship and a passport, as well as ILR status. Make sure your application meets these criteria to start the process of getting a permanent UK residence via the Innovator Visa:

  • A solid business plan is essential.
  • You can start your own business or work with other investors to make a team. Each investor must put in at least £50,000.
  • To get ILR, you have to keep this payment for five years.
  • After three years and four months, you must keep your investment at £50,000 to be eligible for a visa extension.
  • To run a successful business, you need to involve yourself and take responsibility for everything that happens in it.
  • It is necessary to hire at least two people through the business. This demonstrates that you are creating jobs in the country.
  • In the UK, you have to register your business with an approving body. Moreover, the organisation that reviews and approves your business plan must have a legal licence. You will need to reapply to a different government-approved body if the one endorsing you loses its licence.

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How many times can the innovator visa be renewed?

You can extend an innovator’s visa an endless number of times, each time for three years. The first visa is valid for three years and four months.

Anyone who is travelling with an Innovator Visa holder can also apply to extend their stay for the same amount of time.

How to Get Permanent Residence with an Innovator Visa?

After three years in the UK, innovators and their families can apply for permanent UK residency by investment, which will lead to getting a British card.

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Start-Up Visa

The UK’s Points-Based System has a group called “Startup Visa” for people who seek to establish a new business in the UK for the first time.

You need to have a creative business idea that can be made to work and grow. This idea must be accepted by a UK-based endorsing body.

If the Startup Visa is approved, you may remain in the UK for up to two years to build and run your business.

Moreover, you might be able to switch to the Innovator Visa after two years. This visa lets you remain in the UK for three more years. It is meant for entrepreneurs with more experience.

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Route to British Citizenship

Summary

Individuals who are given ILR have a permanent status. If an ILR holder leaves the UK for two years, their status might be revoked.

People who have ILR can apply to become British citizens. Being a British citizen has many perks, including

  • Being a British citizen.
  • The ability to vote in UK elections.
  • Staying abroad for an extended length of time without losing dual citizenship is possible.

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When can I apply to become a British citizen?

Before you can become a British citizen, you have to live in the country permanently for one year. Over the five years before you apply for naturalisation, you shouldn’t have spent more than 450 days outside of the UK. In the last year, you shouldn’t have spent more than 90 days outside of the UK.

Adults who want to apply must show that they can speak and understand English and pass the Life in the UK test. Everyone who wants to apply must have a clear crime record and administrative record.

Additionally, you need to be at least 18 years old and show proof that you lived in the UK for five years before the Home Office gets your application.

According to the instructions for naturalisation, you must plan to stay in the UK and show that you are a good person.

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How much does it cost to apply for UK citizenship by investment?

It costs £1,330 to apply to become a citizen of the UK. This fee covers the costs of handling your application. You will also need to provide biometric information, such as your fingerprints and a photo.

Our team is here to help you if you have any questions about UK Citizenship by Investment.

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How Can UK Immigration Solicitors Help?

Before travelling or relocating to a foreign country, it is essential to research visa possibilities and get advice from immigration professionals.

By doing so, you can make sure that everything goes off without a hitch. You can also ensure that you understand your responsibilities and rights in the host nation.

Investor visa requirements, application processes, and policy changes are all kept up to date by UK Immigration Solicitors. You can avoid mistakes or delays that cost a lot of money and could affect your move to the UK with our help.

You may rely on UK Immigration Solicitors for a variety of services related to your visa and citizenship applications. For example, they can help you prepare for interviews and steer clear of typical pitfalls.

Our team of expert advisors ensures the accurate and timely completion of all required documents. They will guide you step-by-step through the intricate application procedure.

If you are interested in applying for UK citizenship by investment, please contact us at 02033844389. You can also visit our website for more information about our visa services.

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