The UK Government Immigration Minister, Damian Green, is making it official: the UK wants the best and the brightness of entrepreneurs from all over the world to set up shop in the UK.
“Foreign entrepreneurs and investors have been given an extra boost today with the announcement that the UK government has introduced new visa rules that encourage the brightest and the best to locate to the UK,” a recent news release reported.
To that end, new UK visa rules are now in place: if you’re ready to invest buckets of money, you’ll move on a fast track to reach permanent residency.
“Today I have sent out a clear message –the UK remains open for business and we want those who have the most to offer to come and settle here,” said Green.
To be a player, you’ll need to bring close to $8 million for investing in your venture, or businesses in the UK. Do that, and you’ll be allowed to settle in after a mere two years; that eclipses the five-year rule currently in place.
In addition, a new visa will be available for prospective startup entrepreneurs, but you’ll still need @ $316,000 to meet the visa requirements. Then, you can work your way into the ‘full entrepreneur’ visa status.
If your business is a real rising star, you’ll be welcomed with about $80,000. But, first, you must show that the funding is coming from a highly-regarded organizations, such as angel investors and the like.
“Major investors will also enjoy more flexibility as they will be allowed to spend up to 180 days a year, rather than 90, outside the UK before they lose their right to settlement,” according to the release.
Make us your next step in your plans to acquire that all-important UK visa: contact us today.
POSTED IN UK VISAS