Tier 1 (Investor) visa changes expected soon
Following UK Tier 1 (Investor) visa changes expected soon:
- Applicants have to open UK regulated investment account BEFORE applying for initial application.
- Minimum age being increased to 18 years old
- Changes are being made to the requirement for applicants to maintain their investments. The changes will mean applicants will no longer need to invest additional capital if they sell part of their investments at a loss, but they will be required to maintain all their capital within their investment portfolios. Buying and selling investments will continue to be permitted, providing the investor does not withdraw any capital. This change is intended to remove an unintended incentive for investors to invest in UK government bonds rather than to invest in UK companies.
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February 26, 2015
UK visa & immigration consultation