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Tier 1 (Entrepreneur) Visa?

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Tier 1 (Entrepreneur) Visa

The Tier 1 (Entrepreneur) visa is designed for those who wish to set up or take over, and be actively involved in, the running of a business in the UK.


Tier 1 (Entrepreneur) Visa Requirements

To qualify for a Tier 1 (Entrepreneur) visa under the UK points-based system, applicants must score a minimum of 95 points for attributes including investment funds, English language and maintenance (available funds).

To score points for investment funds, applicants must have access to not less than:

  • £200,000; or
  • £50,000 from a registered venture capital firm or funding endorsed by UK Trade and Investment or a UK government department.

The funds must be held in a regulated financial institution and be disposable in the UK.

Tier 1 (Entrepreneur) visa applicants may also be required to meet certain health and character requirements.


Tier 1 (Entrepreneur) Visa Entitlements

A Tier 1 (Entrepreneur) visa entitles the holder to live and run their business in the UK. A Tier 1 (Entrepreneur) visa is usually granted for an initial period of up to three (3) years and extensions may be granted.

Spouses and unmarried children under 18 years of age may be included on the visa application to accompany their spouse or parent to the UK.

The Tier 1 (Entrepreneur) visa may lead to Indefinite Leave to Remain (ILR) which entitles individuals to permanent residency in the UK.


Tier 1 (Entrepreneur) Visa Processing Time and Costs

TIER 1 ENTREPRENEUR OUTSIDE THE UK (ENTRY CLEARANCE) INSIDE THE UK (FLR)
Government Main Application Fee UK£800 UK£1000
Government Partner Application Fee UK£800 UK£500/1000*
Government Child Application Fee UK£800 UK£500/1000*
Premium Migration Service US$3999
Processing Times 1-12 weeks 4-16 weeks
   Premium Migration Service
   Let a Migration Consultant manage your visa application for you. PURCHASE

* The reduced fee will be applicable when the dependent applies at the same time with the main applicant.

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