World’s largest financial sector, the fifth-largest economy in the world Transparent Government policies, and liberal economy, a variety of domains to invest and business, a crucial trading partner within the European Union (EU) and considered as the gateway to the Europe
The United Kingdom is a perfect country to business, travel, and investment. With its advanced economy, favorable Government policies for business and trade, huge setup of industries, ideal business and investment environment, rich resources and technologies, UK ranks very high among the ideal countries to business and investment. A UK Business Visa is the most crucial thing that foreign businessmen can have, for coming to United Kingdom and be able to do business, investments, banking transactions, or to travel frequently and legally within the U.S. province.
Below are the different UK Business Visa Categories:
High Value Migrants Visa (Tier 1)
High Value Migrants Visa is a point based visa and can be categorized into following subcategories.
Tier 1 (Exceptional talent)-This visa is for the individuals who have talents which are internationally recognized in the field of Science and Art to come and work in UK.
Each year the number of places available in this category is 1000 where 300 are for Arts, 300 for Science, 200 for The Royal Academy of Engineering and 200 for The British Academy. In order to be eligible you need to score 75 points in total and to extend permission to stay total 85 points (75 for attributes and 10 for English).
It is a two stage process:-
You can switch to Tier 1 from Tier 2 and Tier 5 if you are already working in UK and have exceptional skills. The initial visa is for three year and four months.
Tier 1 (Entrepreneur)-This visa is for the individuals who want to invest, take over or run their business in United Kingdom.
If you in UK on a Tier 4 migrant, Student nurse, Student, Student writing up a thesis, Student re-sitting an examination, Postgraduate Doctor or Dentist, You can apply for initial application only if you have access to funds equivalent to £50,000 or more from one or more registered venture capital firms regulated by the Financial Conduct Authority (FCA) or one or more UK entrepreneurial seed funding competitions which is listed as endorsed on the UK Trade & Investment (UKTI) website; or one or more UK Government Departments or Devolved Government Departments in Scotland, Wales or Northern Ireland, which is made available by the Department(s) for the specific purpose of establishing or expanding a UK business.
Points Allocation System
You must score 95 points in total (75 points for attributes, 10 points for English and 10 for funds).