Migrants applying for Tier 1 Entrepreneur will continue to qualify with an investment of £200,000 in the UK.
There will now also be the opportunity for highly regarded new businesses to enter the UK with just £50,000 financial backing.
Tier 1 Entrepreneurs have the possibility to become settled much quicker by either;
- creating 10 new jobs in the UK,
- or making a turn over of £5 million during a 3 year period
These new changes to UK Immigration Law will be brought in by 06 April 2011.