Insight Visa Consultancy will provide advice for migration on the base of Investment. One can Invest 60,000 $ (Rs. 40 Lac) and more in Business / Property / Govt. Bond to get Family PR for USA / CANADA / AUSTRALIA / NEW ZEALAND / UK / MALTA / GREECE / PORTUGAL / SPAIN / IRELAND / CYPRUS / ST. KITTS & NEVIS / ANTIGUA & BARBUDA / DOMINIC REPUBLIC / GRENADA etc. (Rates in INR are Indicative & will vary as per foreign currency)
USA L1 (Intra company Transfer Visa)
1. Invest 1,00,000$ (INR 70 lacs) and more in your own business in USA & May apply Green Card in Future
2. The Company which is established must operate both in the USA and abroad to transfer employee from its foreign operations to the USA
3. The Owner / employee who want to start their own business in USA must have worked for abroad company for at least 1 year out of the last 3 years.IELTS / Education are not required to establish business in USA.
Start your own business in US & Get Fastest Green Card*
The United States L1 visa is a non-immigrant visa which allows companies operating both in the US and abroad to transfer certain classes of employee from its foreign operations to the USA operations for up to seven years. The employee must have worked for a subsidiary, parent, affiliate or branch office of your US company outside of the US for at least one year out of the last three years.
Companies operating in the US can apply to the relevant USCIS service center for an L1 visa to transfer someone to the US from their overseas operations. Employees in this category will, initially, be granted an L-1 visa for up to three years.
There are two types of employees who may be sponsored for USA L1 visas:
1. L1 A for Managers / Executives
2. L1 B for Specialized Knowledge Staff
The legal definition of management and executive roles for these purposes is quite strict, and a detailed description of the duties attached to the position will be required. In particular, the executive or manager should have supervisory responsibility for professional staff and/or for a key function, department or subdivision of the employer. Such personnel are issued an L1A visa, initially for one to three years period extendable in two year increments to a maximum of seven years.
This category covers those with knowledge of the company’s products/services, research, systems, proprietary techniques, management, or procedures. Staff in this category are issued an L1B visa, initially for one to three years extendable to a maximum of five years.
On completing the maximum allowable period in L-1 status, the employee must be employed outside the United States for a minimum of one year before a new application is made for L or H status.
USA EB5 Visa requirements
1. Invest $900,000 (INR 6.5 Cr.) in a USCIS designated regional center in the business & Get Fastest Green Card* or
2. Invest $18,00,000 (INR 13 Cr.) outside the regional center in the Business to get Family Green Card*
3. The business must create at least 10 full-time jobs for U.S. workers, directly or indirectly.Demonstrate that the investment capital was “lawfully gained” and the capital for Investment is at risk.
4. The applicant must establish a business or invest in an existing business that was created or restructured after November 19, 1990.
5. The investor must demonstrate that the investment capital was “lawfully gained” and the required capital is at risk for investment purposes.
6. The investor must enter the United States within 180 days of visa issuance.
7. The EB-5 visa holder is not required to be physically in the U.S. for any given amount of time, but must demonstrate the “intent” to be a resident.
This includes:
1. Renting or buying a home
2. Opening bank accounts
3. Obtaining a social security number
4. Obtaining a driver’s license
5. Paying applicable taxes
6. EB-5 pilot program
In order to encourage immigration through the EB-5 category, the Regional Center program was created. This program reduces the required investment sum to $900,000 USD if the commercial enterprise that receives the investment is situated in a Targeted Employment Area (TEA). The Regional Centers program does not require the immigrant investor enterprise itself to employ 10 U.S. workers. It only requires that 10 or more jobs are created indirectly as a result of the investment.
** We require only copies of documents, although you may be required to present originals if requested by the U.S. immigration officer.
Canada - Manitoba Business Program (BIS)
- Invest 1,50,000$ (INR 75 lacs) and more in Business to Family Permanent Residency (PR)*
- Basic IELTS / Exploratory visit will add more points.
- Investment with in 2 year after reaching Canada.
- In future you may sponsor your family Members for Permanent Residency.
Manitoba Business Program (MPNP-B)
The Manitoba Business Program is a business program established in Manitoba which recruits as well as nominates qualified workers from all over the world who have the ability or intention to establish or purchase business in Manitoba. This business program also ensures that those applicants who have applied for this program and establishing their business must contribute to the economy of Manitoba.
The applicant must invest 1,50,000$ (INR 75 lacs) and more in Business to get family PR. The basic IELTS / Exploratory visit will add more points to the business program. The applicant must invest within two years after reaching Canada. In future the applicant may sponsor his family members for permanent residency. In order to acquire the Manitoba Business Program the applicants must establish a new business in Manitoba, or purchase and expand an existing business in Manitoba.
Successful Applicants are “nominated” and have their applications for permanent residence expedited under Citizenship and Immigration Canada’s Provincial Nominee class.
The main purpose of the business is to earn profits from active income from the supply of products/services.
The business that the applicant is establishing must have the potential to create significant economic benefit.
The applicant or sponsoring company must own at least one third (33%) of the business to acquire the Manitoba Business Program.
The applicant demonstrates the intent to provide on-going, day-to-day management and direction of the business.
Canada - British Columbia Business / Entrepreneur Program (BC PNP-B)
1. Invest 2,00,000$ (INR 1 Cr.) and more in Business to get Family Permanent Residency (PR)*
2. Basic IELTS / Exploratory visit will add more points but not compulsory.
3. Investment with in 2 year after reaching Canada.
4. To get more points to qualify for PR… Invest more / Invest in Low Populated area.
Business / Entrepreneur Program (BC PNP)
1. By investing 2,00,000$ (INR 1 Cr.) and more in Business, the applicant can get family PR.
2. Basic IELTS 5 band must to apply, But, Exploratory visit helps the applicant to add more points but it is not compulsory.
3. The applicant can begin with the investment with in 2 year after reaching Canada.
4. The applicant must invest more / invest in low populated area to get more points to qualify for PR.
5. Applicants must establish a new business in British Columbia, or purchase and expand an existing business in British Columbia.
6. Successful Applicants are “nominated” and have their applications for permanent residence expedited under Citizenship and Immigration Canada’s Provincial Nominee class.
7. The main purpose of the business is to earn profits from active income from the supply of products/services.
8. The business that the applicant is establishing or expanding an existing business, must have the potential to create significant economic benefit.
9. The Applicant or sponsoring company must own at least one third of the business which is 33% of the total.
10. The Applicant demonstrates the intent to provide on-going, day-to-day management and direction of the business.
Canada - Quebec Investor Program
1. Risk-free $12,00,000 CAD (INR 6 Cr.) Refundable investment in Quebec Government Entity to get Family Permanent Residency*
2. Net assets of at least $20,00,000 CAD obtained legally
3. Out of 1,900 applications, Only 570 applications will be accepted (Rest from China).
4. Two years’ management experience in the past five years.IELTS / Education are not required. (At present this program not available)
The Quebec Immigrant Program (QIIP) is an effective way that provides a great platform to international investors for receiving permanent resident status in Canada. It asks a risk-free CAD 12,00,000 investment through a Quebec government entity. It is the only Canadian passive investor immigration program
The Quebec Immigrant Program, QIIP provides Canadian permanent resident status on the initial landing to the applicants as well as their family members. They can relish all the statutory benefits like health care and world-class education. Being a permanent resident, they have the right to obtain a Canadian passport as well.
Until February 23, 2018, more than 1900 applications will be granted for this intake, and out of this 1330 applications of foreign nationals like the People’s Republic of China, administrative regions of Hong Kong and Macao will be acknowledged.
The Investment
An investment of CAD 12,00,000 has to be submitted via a pre-approved financial trust company. The applicant can pay the investment employing brokers or intermediary, whereas such companies also opens-up a possibility of financing the investment and that is assured by a government of Quebec entity that should be returned right after five years.
QIIP Necessities
Minimum net worth
As an applicant, you should come up alone or with a common-law partner A net legitimate asset of a minimum of $2,000,000 CAN other than donation received less than six months before the date of application. Assets such as property, bank accounts, stocks 7 shares, and pension funds are eligible.
Investment
The applicant should come up to settle in Quebec and sign the investment agreement to invest CAD 12,00,000 along with an approved financial intermediary. You can also take the assistance of this body for finance.
Management experience
As an applicant, you should have two years of management experience, in the past five years. Furthermore, the experience is not only limited to commercial activities but also from an international agency or government agency.
Special Note: This Program is temporary closed
Canada Intra Company Transfer Program (ICT)
- Applicant must establish a new business or purchase and expand an existing business in Canada. ·
- ICT is exempted from the requirement to obtain a Labour Market Impact Assessment (LMIA). ·
- The business must have the potential to create significant economic benefit to Canada. ·
- The Applicant must demonstrate that he / she worked min. 1 yr. for a company that has a parent company, branch, subsidiary, or affiliate in Canada
- Invest 1,00,000$ (INR 50 lacs) and more in Business to get one year Work Permit which can be renewed ·
- Exploratory visit will / Visitor visa will be an added advantage.
- After year or two one can apply for Permanent Residency visa with 6 band & more in IELTS
Canada Owner Operated LMIA
- Applicant must establish a new business or purchase and expand an existing business in Canada.
- The business must have the potential to create significant economic benefit to Canada.
- The Applicant must demonstrate that he / she has management experience to operate business
- Invest 1,00,000$ (INR 50 lacs) and more in Business to get two year Work Permit which can be renewed ·
- Exploratory visit will / Visitor visa will be an added advantage.
- After year or two one can apply for Permanent Residency visa with 6 band & more in IELTS
Owner Operated LMIA
This category is for foreign nationals who wish to establish or purchase a business or franchise in Canada, and want to work in that business in a high-skilled position, often with the aim of immigrating permanently. To qualify as an owner/operator, a foreign national must:
- Demonstrate a level of controlling interest in the business, i.e. a sole or majority shareholder;
- Demonstrate that his or her temporary entry to Canada will result in the creation or retention of employment opportunities for Canadians and permanent residents and/or skills transfer to Canadians and/or permanent residents;
- Not be in a position to be dismissed, i.e. is not in an employment position where he or she is answerable to someone more senior.
For Owner/Operator LMIAs, no advertising or recruitment is required. The key requirement is that the foreign national owns a business in Canada in which he or she owns a controlling interest of more than 50%. Other requirements include:
- A business plan that shows how the owner/operator will fund the business and create or maintain employment, and contains at least a rudimentary financial plan and timeline of events;
- Active management of the business (i.e. it cannot be a passive investment) in a position that accords with the foreign national’s qualifications and experience with a wage equal to or greater than the median wage requirements for the position;
- And employing at least one Canadian or permanent resident (ideally in the first year as described in the business plan).
This option is available anywhere in Canada.
Once an owner/operator receives a positive LMIA, he or she can obtain a work permit from Immigration, Refugees and Citizenship Canada equal to the validity of the LMIA (usually up to 2 years).
Once a work permit is obtained, the owner/operator will, in most cases, be in a position to apply for permanent residence through the Express Entry program.
It is worth noting that the Express Entry Comprehensive Ranking System (“CRS”) has been modified and since November 19, 2016, CRS points awarded for job offers (including those based on Owner/Operator LMIAs) have been reduced from 600 points to either 200 points for senior managerial positions, or to 50 points. It also means that Owner/Operator LMIAs for senior management positions generate a substantially better chance for that person to permanently immigrate to Canada under the Federal Skilled Worker Program as they will get additional 200 points under the express entry. Also there is option to look at PNP program or Skilled trade category under this program.
Path to Permanent Residence
After the ruling of a positive LMIA, a work permit is granted (valid for 1-2 years) and in most cases the owner would be in a position to apply for a permanent resident visa through the Federal Skilled Express Entry or under the Provincial Nominee Program.
Other requirements before filing for owner operated LMIA
- For Franchises, execution of franchise agreement and payment of franchise fees
- Transfer of balance funds required to complete the business as per business plan to the company account in Canada for franchises and new business.
- For an existing business, execution of purchase agreement and payment of advance and transfer of balance funds to complete the purchase and expansion as per the business plan to the company account in Canada.
- Formation of the company in Canada
- Opening a bank account
- Completion of the business plan for the new business or existing business
- Fees for applying for LMIA to be paid to Govt.
Australia Business, Innovation & Investment Program
- Invest 5,00,000$ (INR 2.5 Cr.) and more in your Business in AUS to get Family PR*.
- Company must have turnover of 5,00,000$ (INR 2.5 Cr.) in two years from last four years.
- Net personal and Business assets of at least 8,00,000$ (INR 4 Cr.)
- IELTS 5 band & more / Education Diploma / Bachelor will add more points.
New Zealand Entrepreneur Program
New Zealand Entrepreneur program is a great pathway for all those business prospective people who want to set up new businesses. An efficient program helps you in engaging with experts and foster a better relationship among your network. If you are looking for a New Zealand entrepreneur program then here are some of the key necessities which you should take into account beforehand.
- Invest NZ$ 2,00,000 (90 Lac) in Business in NZ to get Family Permanent Residency (PR)*
- 3 Year Work Visa (1 yr. + 2 Yr. Extension) leading to PR.
- IELTS 4 Band (General / Academic).
- 3 Year Settlement Fund required (15000$ Applicant + 5000$ Dependent).
Requirements for New Zealand entrepreneur program
Here are some of the key necessities which will make you eligible for this New Zealand program
- Investment of NZ$ 2 Lacs in the coming three years for businesses in New Zealand & PR
- One-year work visa and 2-year extension work visa for PR § Settlement fund required for three-years
- ELTS 4 band general or academic § 12 months interim visa for setting up better PR points
- Engagement of more people in your business to obtain more PR points
- A definite business proposal to offer creative and unique products or services
- Increment of PR points by doing business outside Auckland
You have to prepare a detailed and systematic guideline to be eligible for New Zealand Entrepreneur program. The program is highly suitable for forming a potential business for the well-being of society through efficient entrepreneurship skills. The success rate will be high for Import / Export Business or High Growth (>20%) Business.
Grenada Citizenship by Investment (Naturalization Program)
- Invest US $ 2,20,000 in Real Estate or US $ 1,50,000 to National Transformation Fund to get family Citizenship*.
- Net worth / Assets / Income Not Required to show, No Source of Fund Required* (only 90 days old Fund)
- E2 Treaty "Investor Visa" with the USA allows Citizens of Grenada to operate a Business & reside in USA.
- 4 Generation of Applicant & Spouse can migrate* (Kids (30)/Applicant/Parents/Grand Parents/ Sibling)
Grenada Citizenship by Investment (Naturalization Program)
Grenada citizenship by investment program is an investment program which allows the migrants from all over the world to invest in real estate in Grenada. This investment program allows a visa-free access to many countries. There are certain requirements which need to be fulfilled in order to acquire a real estate in Grenada along with the citizenship.
In order to get Grenada Citizenship, The applicant must invest US $ 2,20,000 in Real Estate or US $ 1,50,000 to National Transformation Fund.
The Net worth / Assets / Income are not required to show to qualify the citizenship. No source of fund is required if the applicant wants to invest in Grenada, only if the applicant have any 90 days old fund then the applicant is required to show it to acquire the Grenada citizenship.
E2 treaty "Investor Visa" (a non-immigrant visa) with the USA allows Citizens of Grenada to operate a Business & reside in USA for life time as long as they are in business.
Four generations of applicant & spouse can also migrate to Grenada, that means Kids below 30 years / Parents / Grand Parents & unmarried Sibling of applicant & Spouse both can apply.
Why Choose Grenada?
1. The Grenadian Citizenship by Investment Program provides the following prime benefits:
2. Fast processing within 4 months; Inclusion of dependent children under 30
3. Inclusion of dependent parents or grandparents above 55 and unmarried siblings
4. No physical residency requirements
5. No requirements to travel to Grenada during the application process
6. No interview, education or managerial experience required
7. Visa-free travel to over 125 countries, including the UK,Europe's Schengen zone & China
8. E-2 treaty signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside therein
9. No tax on worldwide income.
10. itizen ship can be passed down to future generations.
11. Investment can be sold to another Grenadian citizenship investor after 5 years.
Investment Options
The investment options for the Citizenship by Investment program of Grenada areas follows:
National Transformation Fund Donation
1. Applicants may donate a minimum of US$150,000 to Grenada’s National Transformation Fund. The minimum amount covers a single applicant only. For a family of two to four people, the requirement is set at US$200,000. An extra donation of US$25,000 is required for each additional dependent. Donations can be transferred in two instalments.
Real Estate Investment
Treasured by investors for its unspoiled beauty, Grenada’s natural landscape is but one of the many enticements to invest in real estate on the island.There are several options available to applicants; including Government-approved real estate developments, that encompass diverse projects such as hotels, villas, and resorts.
Applicants opting for the Real Estate option must invest a minimum of US$220,000 with no obligation to visit or reside on the island. The main applicant can also include an unlimited number of eligible dependents, including siblings,children and parents. The opportunity to invest in Grenada’s Real Estate sector is an invitation to indulge in along and fruitful relationship with the island and itsin along and fruitful relationship with the island
Saint Kitts and Nevis Citizenship by Investment (Naturalization Program)
1. Invest US $ 4,00,000 (Rs. 2.6 Cr) & more in Real Estate to get family PR*.
2. Net worth / Assets / Income Not Required to show
3. No English / No Education / No Source of Fund Required
4. 4 Generation of Applicant & Spouse can migrate (Kids/Applicant/Parents/Grand Parents)
Dominica Citizenship by Investment (Naturalization Program)
1. Invest US $ 2,00,000(Rs. 1.5 Cr.)in Real Estate or US $ 1,00,000 (Rs. 75 Lac.) to National Development Fund to get Family Citizenship*.
2. Net worth / Assets / Income Not Required to show, No Source of Fund Required*
3. No Personal or worldwide income tax, Visa Free access to 131+ Countries (UK, EU).
4. 3 Generation of Applicant & Spouse can migrate* (Kids(30)/Applicant/ Parents /Grand Parents*)
Why Choose Dominica?
- A diverse blend of English, French, African and Carib peoples and cultures, Dominica is a politically and economically stable state with the lowest crime rate in the region.
- The Economic Citizenship Program offers applicants a wealth of benefits and privileges:
No physical residency requirements; Inclusion of dependent children up to 30 years old; Inclusion of unmarried daughters under 30 living with and fully supported by the main applicant; Inclusion of dependent parents/grandparents over 55 years old; No minimum level of education required; No management experience required; Visa-free travel to over 125 countries including Europe's Schengen zone, the UK, Hong Kong, Malaysia, Singapore and Turkey;
No taxes for non residents.
The investment options for obtaining citizenship status in Dominica are as follows:
Government Fund Donation
1. Single Application
i. A single applicant will be required to make an investment of US$100,000.
2. Family Application I
i. (Applicant + spouse)
ii. An investment of US$175,000 qualifies the main applicant and his/her spouse.
3. Family Application II
i. (Main applicant + 2 children)
ii. An investment of US$200,000 qualifies the main applicant and upto two children under 18.
4. Family Application III
i. (Applicant + spouse + 2 children)
ii. An investment of US$200,000 qualifies the main
iii. applicant,his/her spouse and upto two children
iv. under 18.F or each extra dependent, an additional donation of US$ 50,000 is required.
Real Estate Investment
Applicants may purchase property value data minimum of US$220,000 in a government-approved real estate development. The investment must be maintained for a minimum of three years. If maintained and sold after five years,it would qualify then ext buyer for citizenship as well.
Antigua & Barbuda Citizenship by Investment (Naturalization Program)
1. Invest US $ 2,00,000(Rs. 1.5 Cr.) in Real Estate or US $ 1,00,000 (Rs. 75 Lac.) to National Development Fund to get family Citizenship*.
2. Net worth / Assets / Income Not Required to show, No Source of Fund Required*
3. No Personal or worldwide income tax, Visa Free access to 131+ Countries (UK, EU).
4. 3 Generation of Applicant & Spouse can migrate* (Kids(28)/Applicant/ Parents/Grand Parents*)
Why Choose Antigua and Barbuda?
The combined size of 442sq. km and population of over 90,000 people make Antigua & Barbuda the ninth- largest country by size in the Caribbean.This economic citizenship program facilitates you and your family’s comfort of visa-free travel to more than 100 countries.
Antigua & Barbuda recognizes dual citizenship, which can prove advantageous for business expansion and tax relief. Other benefits include the following:
1. Fast processing within 3-4 months;
2. Inclusion of dependent children under 28 and dependent parents over 58;
3. No requirement to travel to Antigua & Barbuda during the application process;
4. No interview, education or managerial experience required;
5. Visa-free travel to more than 130 countries, including the Schengen zone, the UK, Hong Kong, Singapore and others; No tax on worldwide income.
Investment Options
Being pro active in-facilitating investors, the government has adopted the citizenship by investment program as one of the mechanisms to promote economic growth,attract developments, and increase the inflows off foreign direct investment to the country.
National Development Fund Contribution or Charitable Donation
High net worth individuals may choose to make a monetary contribution of US$100,000 to the National Development Fund or an approved charity.
Real Estate Investment
Applicants may purchase property with a value of US$400,000/ US$200,000 in a pre-approved real estate development area.The investment must be maintained for a minimum of five years. Property registration, processing fees and taxes may be paid in addition to the property purchase. Financing options may be available upon request.
Business Establishment
Applicants may invest US$1.5 million to establish a business and qualify to apply for citizenship. Two or more applicants may make a joint business investment where the individual threshold must be a minimum of US$400,000 and the total investment must be a minimum of US$5 million.
St. Lucia Citizenship by Investment (Naturalization Program)
1. Invest US $ 3,00,000(Rs. 2.25 Cr.) in Real Estate or US $ 1,00,000(Rs. 75 Lac) to National Economic Fund to get Family Citizenship*.
2. Net worth / Assets / Income Not Required to show, No Source of Fund Required*
3. No Personal or worldwide income tax, Visa Free access to 120+ Countries (UK, EU).
4. 3 Generation of Applicant & Spouse can migrate* (Kids(25)/Applicant/ Parents/Grand Parents*)
Latvia Business Investment Program
1. Invest € 50,000 (Rs. 40 Lac) & more in trusted company to Get Residency Permit*.
2. Net worth / Assets / Fixed Income Not Required.
3. No English / No Education Required.
4. 2 Generation of Applicant & Spouse can migrate
Malta Residence and Visa Program
1. Invest € 2,50,000 (Rs. 2 Cr.) & more in Govt. Bond + Real Estate to get Family PR*.
2. Net worth / Assets Rs.4 Cr.+ or Income Rs. 80 Lac+ / pa
3. No English / No Education / No Source of Fund Required
4. 4 Generation of Applicant & Spouse can migrate (Kids/Applicant/ Parents/Grand Parents)
Greece Golden Residency Permit Program
1. Invest € 2,50,000 (Rs. 2 Cr) & more in Real Estate to get Family PR*.
2. Net worth / Assets or Income need not to show
3. No English / No Education / No Source of Fund Required
4. 3 Generation of Applicant & Spouse can migrate (Kids/Applicant/Parents)
Portugal Golden Residency Permit Program
1. Invest € 3,50,000 (Rs. 2.8 Cr) or € 5,00,000 (Rs. 4 Cr) & more in Real Estate to get Family PR*.
2. Net worth / Assets or Income need not to show
3. No English / No Education / No Source of Fund Required
4. 3 Generation of Applicant & Spouse can migrate (Kids/Applicant/Parents)
Spain Investment Residency Program
1. Invest € 5,00,000 (Rs. 4 Cr) & more in Real Estate to get Family PR*.
2. Net worth / Assets or Income need not to show
3. No English / No Education / No Source of Fund Required
4. 3 Generation of Applicant & Spouse can migrate (Kids/Applicant/Parents)
Ireland Immigrant Investor Program
1. Invest € 10,70,000 (Rs. 8 Cr) & more in Enterprise / Investment Fund to get Family PR*.
2. Net worth / Assets worth € 2 million ( Rs. 16 Cr.) in the name of Applicant need to show
3. No English / No Education /Only Source of Fund Required
4. 1 Generation can migrate (Kids/Applicant)
Cyprus PR by Investment (Naturalization Program)
1. Invest € 3,00,000 (Rs. 2.4 Cr) & more in Real Estate to get family PR.
2. Net worth / Assets Not Required, But Income € 30,000 (Rs. 24 Lac)+ need to show
3. No English / No Education / No Source of Fund Required
4. 3 Generation of Applicant & Spouse can migrate (Kids/Applicant/Parents)
Cyprus Passport / Citizenship by Investment (Naturalization Program)
1. Invest € 2 mil. (Rs. 16 Cr) in Enterprise + Real Estate (Rs. 4 Cr.) to get family Citizenship*.
2. Net worth / Assets / Income Not Required
3. No English / No Education / No Source of Fund Required
4. 3 Generation of Applicant & Spouse can migrate (Kids/Applicant/Parents)
UK Start Up Visa Program
Startup Visa is for someone who wants to apply for the visa from inside or outside the UK with the intention to set up a business in the UK
1. Invest £ 50,000 (Rs. 45 Lac) & more in New Business to Get Two Years Visa*
2. Education / Net worth / Assets / Fixed Income not required
3. Get Extension under Innovator Category to apply for Legal PR*
4. 2 Generation of Applicant & Spouse can migrate Read More...
Requirements: ·
1. You must be above 18.
2. Meet the English language requirement
i. IELTS
ii. Degree taught in English from a recognized University
3. Must have at least £945 in your bank account for 90 consecutive days before you apply.
4. Must have a business plan and you must be able to show that your business idea is:
i. A new idea - you cannot join or invest in a business that is already trading
ii. Viable, with potential for growth
5. Your business plan/ idea must be endorsed by an authorized body that is either:
i. UK higher education institution
ii. A business organization with a history of supporting UK entrepreneurs
You can stay in the UK for 2 years on a Start-up visa. You can:
1. Bring family members with you
2. Switch to this visa from some other visa categories
3. Work in another job, as well as working for your business
Visa Process
What happens in the 4 stage process
Stage 1 – Visa Eligibility Check and Application Form
1. An interview is held with the International Office who will undertake a visa eligibility check which will be passed to the Enterprise team on completion. The applicant should make sure they understand all the processing charges.
2. The Enterprise team will explain the Startup Visa (SV) scheme and take the applicant through the Application form; the Applicant signs the form prior to commencing work with the Enterprise Team.
3. At this point the applicant should ensure that they have deposited sufficient funds in their bank account for use throughout the application process.
Stage 2 – Preparation for Panel / Presentation to Panel
1. The Enterprise team work with the applicant on preparing a viable business plan with financial forecasts (3 years) and a presentation for an Endorsement panel. The applicant will normally receive 2 consultations during this period – additional sessions are at the discretion of the Enterprise team.
2. The Enterprise team will make a continuous assessment of the applicant and will only convene an Endorsement Panel when they consider the applicant suitable. They will not take part in the Endorsement panel and are not part of the final decision to endorse an application.
3. Applications can be made from within the UK or outside of the UK during this time. There are different rules according to where the application is made – please refer to the Government website or International Office for details.
4. If the Endorsement panel approves the application a report is sent to the International Office and an endorsement letter is prepared. Please note that this can take up to 4 weeks (or longer if there are complications).
Stage 3 – Visa Application
1. Once the endorsement letter is available the applicant should arrange a meeting with the International Office who will help them to make the formal application for the visa. This will involve payment of the various processing fees, including the Health Surcharge. It is the applicant’s responsibility to make sure they understand the full range of charges since they will depend on individual circumstances.
2. The application is submitted along with the applicant’s identity documents. Please note: the applicant will not be able to undertake any activity requiring presentation of identity documents during this time (such as international travel) and must not register the business before receiving an approval visa. The time required to process the application is as specified on the Government web-site
Stage 4 – Incubation Programme
1. The applicant will be notified once the Visa has been issued and will be required to arrange an ‘Induction meeting’ with the International Office within 2 weeks of receiving their Visa. Failure to make this meeting may result in withdrawing their sponsorship.
2. After visa the applicant will be required to pay the incubation programme fees in full. They will be reminded of their obligations under the Startup Visa scheme You can get more information on https://www.gov.uk/start-up-visa
LPR – Legal Permanent Residency pathway…
1. Applicant will be eligible to switch the visa into Innovator Visa after 2 years, the same will be granted for 3 years, during this time applicant will have to work in the same business for which the endorsement are issued
2. At the time of applying for Innovator Visa, the applicant need to show that he/she got access to more than £50,000.00
3. Applicant will be eligible to apply for Indefinite Leave to Remain after successfully completing 5 years (2 years on Startup Visa and 3 years on Innovator Visa)
UK Entrepreneur Visa
United Kingdom Prospective Entrepreneur
1. Your proposed business funding must be £50,000 to £200,000 and you must be able to prove that your business is being considered for funding by 1 or more:
2. Registered venture capitalist firms regulated by the Financial Conduct Authority
3. UK entrepreneurial seed-funding competitions endorsed by UK Trade and Investment
4. UK government departments
5. Sponsor letters
How long you can stay:
1. You can stay in the UK for up to 6 months.
2. You can also apply to change (‘switch’) to a Tier 1 Entrepreneur visa anytime within 6 months.
Tier 1 Entrepreneur visa: This Visa allows you to stay there for 3 years and 4 months.
What you can and can’t do in UK…
You can:
1. Go to meetings, conferences, interviews or site visits
2. Go to trade fairs, as long as they’re only for promoting your business and don’t involve selling anything directly to the public
3. Arrange deals, trade agreements or contracts
4. Speak at a one-off, not-for-profit conference
5. Check details of products and buy them
6. Recruit staff, as long as it’s for the business allowed by your visa
You can’t:
1. live in the UK for extended periods in the same category
2. work, including selling merchandise
3. get public funds
4. study
5. marry or register a civil partnership, or give notice of marriage or civil partnership
6. get private medical treatment
7. extend your visa into same category or switch into another category except tier 1 Entrepreneur
8. bring in family members (‘dependents’) – they must apply separately
You can apply for an Innovator visa if
1. you want to set up or run a business in the UK
2. you’re from outside the European Economic Area (EEA) and Switzerland
3. you meet the other eligibility requirements
4. your business or business idea has been endorsed by an approved body
Funds you’ll need
1. You must have at least £50,000 in investment funds if you want to set up a new business. You do not need funds if either:
2. our business is already established and has been endorsed for an earlier visa
3. you’ve changed your business and already agreed it with your endorsing body
How long you can stay
1. You can stay for 3 years if you:
2. come to the UK on an Innovator visa
3. switch to this visa from another visa
4. You can apply to extend for another 3 years when your visa is due to expire. There’s no limit on the number of times you can extend.
5. You may be able to apply for settlement (known as ‘indefinite leave to remain’) once you’ve been in the UK for 3 years.
What you can and cannot do
You can:
1. set up a business or several businesses
2. work for your business - this includes being employed as a director, or self-employed as a member of a business partnership
3. bring family members with you
You cannot:
1. do any work outside your business, for example work where you’re employed by another business
2. work as a doctor or dentist in training
3. work as a professional sportsperson, for example a sports coach
4. get public funds