UK Tier 1 Investors Rise

Figures released by the UK government have shown a rise in UK Tier 1 Investor Visas issued in 2017 from the previous year.

Both Tier 1 Investor and Tier 1 Entrepreneur visa applicants saw an increase on the 2017 figures although still well down on the peak achieved in 2014 before the Brexit vote.

Tier 1 Investor

The number of successful Main Applicant visas for the Investor Visa rose from 217 to 355 in 2017, a rise of over 60%. The number of applicants is still well below the peak of 1087 achieved in 2014 when the investment level was just £1 million compared to the £2 million required today.

Entrepreneur Tier 1

There were 983 successful applicants for the Tier 1 Entrepreneur Visa during 2017. Again the figures are down from the peak of 1166 reached in 2013 but up on the low point of the previous year. Tier 1 Entrepreneur is a category that requires a far lower investment level of £200,000 compared to the £2 million investment route. However the “genuine entrepreneur” test means only half the submitted applications are eventually successful.