The Tier 1 Entrepreneur visa is aimed at those wishing to set up, join or take over an existing UK business and in most cases making a minimum investment £200,000.

In most cases, applicants are required to demonstrate that you have access to £200,000 that is held in a regulated financial institution. The funds can be held in either yours or your partners name or of a third party that is providing you with the funds.

• You are required to provide evidence that you are proficient in English language
• You must meet the Maintenance criteria and provide evidence that you can support yourself and any dependants during your stay
• You must meet the Genuine Entrepreneur Test, which involves the provision of a business plan and background as to the skills, qualifications and experience necessary to establish a business in the UK
• You must create 2 positions of full time employment for UK or Settled persons
• As a Tier 1 Entrepreneur visa holder, you are not allowed to carry out any work outside your business, or be employed by another business. Also, you cannot claim UK public funds

At GB Invest, our expert team are able to advise clients in every aspect of their application, from the initial business selection, development of business plan, visa application, and investment into the relevant project, should they wish to invest in an existing business.

For those looking to set up their own business in the UK, our dedicated inward investment team are on hand to ensure that all regulatory matters are complied with and in working with our in house lawyers, to ensure the visa criteria is met.