The UK government has introduced changes to the Tier 1 Investor route for foreign nationals.
Designed to encourage investment in the UK Economy and create jobs, Tier 1 Investors will now have the opportunity to settle much quicker than before. This will depend on the level of investment made.
The immigration rules currently state that there is a minimum 5 year requirement before the applicant can apply for settlement.
Under the new rules;
- migrants who invest £5 million into the UK will qualify for settlement after 3 years,
- migrants who invest £10 million into the UK will qualify for settlement after 2 years
These new changes will be implemented by 06 April 2011.