UK tier 1 visa guide by Sterling Law
On the key considerations for businesses looking for investment opportunities/doing business specifically in London
For foreign individuals or companies doing business in London, the typical challenge is adopting the UK legislation. The UK provides a transparent regulatory system making it easier to do business, however, it is important to be aware of the relevant regulations or specific licenses required for the industry you are considering before moving your business to the UK.
On setting up a business investment under the Tier 1 Entrepreneur visa
Based on our experience, there is a significant amount of Tier 1 Entrepreneur clients who have set up successful businesses while achieving indefinite leave to remain or completed the requirements for their visa extension.
Timing is one of the principal matters for clients under Tier 1 Entrepreneur visa. The business sometimes grows slowly due to the potentially lengthy process of building up the network and developing business opportunities. As one of the key requirements of Tier 1 Entrepreneur is creating two full-time jobs within three years, finding suitable and skilled staff always takes longer than business owners’ original plans.
For those who seek to invest into an existing company, communication between the investor and their business partner is the most important factor and the management of the business should be aware of maintaining and filling the company’s regulatory documentation to meet visa requirements.
On setting up a business investment under the Tier 1 investor visa
Most of our Tier 1 Investors choose to complete their investment through an investment portfolio made of UK gilts and bonds.
Investors should know that the business they invest in should not mainly be engaged in property investment, property management, or property development. Additionally, the investments made as loan or share capital to the UK non-listed companies will only be counted when the company is active and trading.