Tier 1 (investor) changes – what you need to know if you are applying in 2020

Introduction

Under this route, you can invest different sums for different pathways to settlement in the UK (indefinite leave to remain):

  • £2m = 5 years
  • £5m = 3 years
  • £10m = 2 years
The investment is UK shares. This will usually take place through an investment portfolio manager.

There are 3 key changes to the Immigration Rules, announced 7 March 2019, which you need to bear in mind if you are considering applying for an investor visa for the UK. You may have seen that the Home Office, in December 2018, were looking at withdrawing the route entirely – this was even announced. However, this visa pathway is still in place, albeit with certain significant changes from 29 March 2019.

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The main changes as of 29 March 2019 to the Tier 1 (investor) route are:

1. Proving source of funds

Previous, you did not have to show where your funds came from (their provenance) if they had been held by you for at least 90 days. only had to show where the funds came from if they had been held by you for less than 90 days. This was clearly inadequate from the Home Office’s due diligence perspective. The period has now increased to 2 years.

 

2. You can no longer invest in government bonds

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