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Tier 1 Investor Visa Extension - ICS Legal

Tier 1 Investor Visa Extension

In order to obtain an extension to your leave to remain as a Tier 1 Investor Migrant, you must score enough points and send supporting evidence where appropriate.

Points available for applicants seeking to extend their permission to stay in the United Kingdom under Tier 1 (Investor) are in the table below. This table applies to:

  • all applicants whose previous permission to stay was given under Tier 1 (Investor) or under the former Investor category

  • all applicants who had left under this category in the 12 months immediately preceding this application.

Attributes (pass mark = 75 points)

Points

The applicant has money of his own, under his own control, in the United
Kingdom amounting to not less than £1 million; or

30
  • the applicant owns personal assets which, taking into account any liabilities to which they are subject, have a value exceeding £2 million; and

  • the applicant has money under his control and disposable in the United Kingdom amounting to no less than £1 million, which has been loaned to him by the UK regulated financial institution.

30

The applicant has invested not less than £750,000 of his capital in the United Kingdom by way of United Kingdom Government bonds, share capital or loan capital in active and trading United Kingdom registered companies other than those principally engaged in property investment; and has invested the remaining balance
of £1 million in the UK by the purchase of assets or by maintaining the money on deposit in the UK regulated financial institution.

30

The investment referred to above was made within three months of the specified date.
This being either;

  • The date of entry to the United Kingdom in the case of an applicant granted clearance as a Tier 1(Investor) Migrant where there is evidence to establish the applicant’s date of entry to the United Kingdom; or

  • The date of the applicant’s grant of entry clearance, in the case of an applicant granted entry clearance as a Tier 1 (Investor) Migrant where there is no evidence to establish the applicant’s date of entry to the United Kingdom; or

  • The date of the applicant’s grant of leave to remain as a Tier 1 (Investor), in any other case except where the applicant has, or was last granted, entry clearance, leave to enter or leave to remain as an Investor.

15

A refusal of an application for extension of stay as a Tier 1 Investor Migrant is challenged by way of an appeal to the First Tier Tribunal within 10 working days of the date of receipt of the refusal letter. Upon successful application, the applicant is granted the extension of stay as Tier 1 Investor Migrant for 2 years.

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