Tier 1 visa was initially intended for highly skilled migrants. It was introduced under the Points Based System as a replacement to what was previously known as the Highly Skilled Migrant Programme.
Tier 1 was also extended to high net worth individuals, so as to attract businessmen and investors in the UK.
At present, Tier 1 visa incorporates the following immigration categories:
- Tier 1 Investor – the route for high net worth individuals prepared to invest at least £2,000,000 into the British economy. Investors are allowed to work in the UK without any restrictions and can set up and manage their own businesses.
- Tier 1 Exceptional talent
- Tier 1 Entrepreneur – now closed for new entrants but available for extension applications – used to be a route for businessmen to set up or take over a business in the UK; it required an investment of £200K into the business or businesses controlled by the entrepreneur.
Historically, there were the following categories now abolished:
- Tier 1 General – now closed – was initially introduced as the route for highly skilled foreign migrants to come to the UK to work or set up a business;
- Tier 1 Post Study Work – this route was closed to new entrants in April 2012 and came to extinction in 2014.
For help with any type of Tier 1 visa please get in touch