UK Residency – A guide on Immigration Options in the UK

UK Residency

UK is one of the world’s biggest economies with great life chances for everyone who moves to the UK. In the past few years, many people around the globe have moved to UK on a study or job visa. But getting access to UK is very tough. Basically, the process and documentation are lengthy and there’s a possibility of rejection. UK has seen the interest of the international audience to live and work in the UK. Now there are multiple options to get UK residency within a year.

What are the options to get UK Residency?

When we say UK is one of the biggest and most stable economies of the world, it clearly shows how difficult it can be to get a chance to live there. Similarly, there are many options for international investors, entrepreneurs, and businessmen who are looking for UK Residency.

  • UK Residency through Innovator Visa
  • Sole Representative Visa
  • UK Investor Visa

These three are the prior options for you if you are planning to get UK Residency. In this blog, we are going to share the requirements & benefits of each program so you can choose a suitable option for you.

UK Residency – Innovator Visa

UK Innovator Visa was introduced for NON-EEA nations. Young minds with smart business ideas are the right target audience for UK Innovator Visa. Basically, people who are looking for residency options in the UK can consider this option if they have an amazing business idea. With a minimum investment of £150,000, you can initiate a business in Europe. To get residency as a result of an Innovative Visa, you need to submit a business proposal that shows how your idea is practical enough to start a business in UK. Also, your business proposal needs to be unique and must be beneficial for the economic situation of UK.

Requirements for Innovator Visa

  • The applicant must be above 18 years of age to apply for Innovator Visa.
  • You must need to provide evidence that you don’t have an already established business in UK.
  • Your business proposal will require approval from a UK-based endorsing body.
  • The endorsing body will validate the authenticity & innovation in the business proposal.
  • In addition, the approval letter from endorsing body must not be older than 3 months before you start your visa application.
  • The business proposal you submit must be practical enough and you actually intend to work.
  • For Innovative Visa, the applicant requires CEFR Level B2 which is equivalent to IELTS 5.5 score in each category.
  • The applicants need to show proof of their finances to be able to live in UK without any support from the country.

Sole Representative Visa

UK Sole Representative Visa is suitable for people who are in managerial positions in an established firm. Basically, the company must have the intention to start a setup in UK and the senior employee will lead the office in UK on the company’s behalf.

If you wish to move to UK and you are working in a successfully established business in your own country. You must hold a high-rank position in the company in order to get residency in UK. The applicant has to live in UK until the business initiates its branch office in UK. The process will take 6 to 8 months and you can add your spouse & children as dependents in your application. Having a sole representative visa, your spouse will be allowed to work in UK. Once the branch office starts operating in UK, you can apply for citizenship. The sole representative visa has high potential to get your British passport after some time.

Requirements:

  • The applicant must be experienced and at a senior position in the company.
  • You must be proficient in the English language with proof of any required language test.
  • Also, the company must show proof of intent to open a branch office in UK.
  • The applicant must need to provide a valid bank account statement.

What are the benefits of getting UK Residency?

1. Get your Residents Permit (BRP) on arrival.

2. Applicants can accompany family including spouse and under 18 children.

3. Free access to the world’s best Education and Medical facilities.

4. Applicants and dependents are allowed to work in UK.

5. Business Visas will lead towards Indefinite Leave to Remain (ILR) /Nationality.

6. UK is one of the Prime destinations for tourism and pleasure visits.

7. UK is on top of the list for ease of business for small Medium Enterprises (SME).