Showing posts with label visa. Show all posts
Showing posts with label visa. Show all posts

Thursday, November 29, 2012

Buying your way into the UK

Property prices in London have challenged economic conditions in the past decade. There is a very simple reason for that. There are just too many rich foreigners coming to the UK. It's actually quite easy to explain. Not only the is the tax system very attractive for them thanks to the non-domicile status but it's quite easy to obtain a Visa if you are ready to bring in enough money into the British Economy. In many jurisdictions, obtaining residence visas can be fraught with red tape, delays, quota restrictions and other hidden difficulties, often resulting in refusals of such applications. Not so in the UK.

Here are the options:

The Tier 1 Entrepreneur Visa

The basic requirements for the initial visa are that the individual needs to show evidence of having £200,000 available to invest in the UK and needs to be able to speak English.