You can apply for a Tier 1 (Investor) visa if:
- you want to invest £2,000,000 or more in the UK
- you meet the other eligibility requirements
You must have access to at least £2,000,000 in investment funds to apply.
If you’re from the EU, Switzerland, Norway, Iceland or Liechtenstein
If you or your family member started living in the UK by 31 December 2020, you may be able to apply to the free EU Settlement Scheme.
The deadline to apply was 30 June 2021 for most people. You can still apply if either:
- you have a later deadline - for example, you’re joining a family member in the UK who was living in the UK by 31 December 2020
- you have ‘reasonable grounds’ for being unable to apply by 30 June 2021 - for example, you had an illness or were the victim of domestic abuse
Otherwise you need a visa to work in the UK.
Irish citizens do not need to apply for a visa or to the EU Settlement Scheme.
How long it will take
The earliest you can apply is 3 months before you travel.
Example You can apply from 16 March if you plan to travel on 15 June.
You should get a decision on your visa within 3 weeks when you apply from outside the UK.
You must pay £1,623 to apply for a Tier 1 (Investor) visa. The fee is the same if you’re extending or switching visas, or if you’re applying as a family member.
Get a faster decision on your application
If you’re applying to extend or switch in the UK you can pay an extra £500 for the priority service to get a decision within 5 working days.
Once you’ve got your decision letter, your biometric residence permit will take up to 10 working days to arrive.
How long you can stay
You can come to the UK with a Tier 1 (Investor) visa for a maximum of 3 years and 4 months.
You can apply to extend this visa for another 2 years.
What you can and cannot do
- work or study
- apply to settle after 2 years if you invest £10 million
- apply to settle after 3 years if you invest £5 million
- apply to settle after 5 years if you invest £2 million
- work as a professional sportsperson or sports coach
- get public funds
You also cannot work as a doctor or dentist in training unless one of the following applies:
- you have a primary degree at bachelors level or above in medicine or dentistry from a UK institution that holds a Student sponsor licence or is a UK-recognised or listed body
- you worked as a doctor or dentist in training the last time you were in the UK
- neither of those conditions were part of the terms and conditions on a previous visa