News

18/03/15

If you are in the process of applying, or are intending to apply for a Tier 1 Investor Visa, you should note that on April 6 2015, the Home Office will be implementing changes to the immigration rules which may have a direct and immediate effect on your application.
Proposed changes which will be implemented on 6 April:

-Rising of the minimum applicant age from 16 to 18.

-Applicants will be required to open an FCA- regulated UK bank account prior to the making of their Tier 1 Investor Visa application.

-As of the 6 April 2015, applicants will no longer be able to pay any fees, taxes and/or transaction costs from their investment portfolio. Instead, income generated from your investment portfolio or personal finances will need to cover these costs.

If you think any of these changes may impact you and a current application, or you wish to discuss how the changes may affect a future application, contact one of our specialist immigration solicitors today.