What You Need To Know About the UK Tier 1 Entrepreneur Visa

What is a Tier 1 visa in the UK?

Tier 1 visas are allowed 'highly skilled migrants' from around the world for investors and entrepreneurs with significant business funds available to set up, invest or contribute to the British economy in a UK business, graduates with a successful business plan which has been endorsed by an appropriate organization.

Tier 1 Category: There are four categories:

• TIER 1 (General): This visa allowed the people endorsed by the home office as a leader or emerging leader in the fields of information technology, science, medicine or the arts.
• TIER 1 (Entrepreneur): This visa allowed highly skilled investor around the world to invest minimum £50,000 fund in the UK by taking over or setting up a UK business.
• TIER 1 (Investor): This visa allowed to individuals who want to relocate themselves and have to invest minimum £20,000 in operational company of UK.
• TIER 1 (Graduate Entrepreneur): This visa allowed for the graduate of UK universities has world-class innovative ideas or entrepreneurial skills are endorsed by their university or by the UK government's UK.

So What Can You Do With The Entrepreneur Visa?

• You can set up or take over the running of one business and more.
• You can work for your business, including being as a self-employed.
• You can bring your family members with you.

What You Cannot Do With The Entrepreneur Visa?

• You can’t do any work outside your business, for example, be employed by another business
• You can’t get public funds

You can explore the website of DNS Accountants for find out more about Tier 1 visa in the UK and its FAQs:

• What is Eligibility and Requirement for Tier 1 Visa?
• Am I eligible for a Tier 1 Entrepreneur Visa?
• Am I eligible for a Tier 1 Investor Visa?
• Am I eligible for a Tier 1 General Visa?
• Am I eligible for a Tier 1 Graduate Entrepreneur Visa?

You can also explore Tier 1 Visa for Worker.