M 04 Mezzanine Floor
M 04 Mezzanine floor, Atayeb Chocolates Building, Al Nahyan Area, Abu Dhabi, UAE
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United Kingdom Entrepreneur Visa Agency in UAE
What is United Kingdom Entrepreneur Visa
The Entrepreneur Visa UK is used by prospective entrepreneurs to enter the UK and start their business. You can also apply for this visa if you intend to come to the UK to take over a company already trading. Those seeking to pursue this route must be actively involved in the running of the business (or businesses) in the UK. It offers opportunities for those setting up a business as a sole trader, in a partnership or as a UK-registered company.
Who is eligible for United Kingdom Entrepreneur Visa
Entrepreneur visa is catered to applicants looking to make an investment, as applicants under this visa category. You are also allowed to create an Entrepreneurial Team of 2 in order to launch a business plan in the UK through a single investment fund. These teams can draw in on different types of experiences from different individuals required for the successful running of a business.
Immigration rules for the Tier 1 UK Entrepreneur visas require the applicants to have access to at least £ 200,000 for investment in the UK. The Tier 1 Graduate Entrepreneur route also allows you to make an investment of £ 50,000.
The Tier 1 Entrepreneur visa is intended to bring in applicants who would be able to add value to the UK economy by bringing in the capital and generating full-time employment.
How long is an Entrepreneur visa valid for?
Entrepreneur visas are granted for a period of three years and four months. This can be extended for an extra two years provided specific requirements are met.
Entrepreneur visas can be extended for two more years if the following conditions are met:
• The visa holder has invested £200,000 in the company
• The company has been registered within 6 months of the date the visa holder was granted permission to stay in the UK under the Entrepreneur category; and
• The visa holder has created at least two full-time positions for settled workers. For a new business this means that an aggregate of two positions, full time or equivalent, must have been created with each lasting for at least one year. If the entrepreneur visa holder has taken control of an established UK business, their investment and presence in the company must have created two positions similar to those outlined above.