Entrepreneurs must pass a ‘genuine entrepreneur test’
Now all Tier 1 entrepreneurs must pass a ‘genuine entrepreneur test’
Successive British governments over the years have been encouraging talented entrepreneurs to bring their business to Britain. One tried and tested route for anyone who’s from outside the EEA and Switzerland to get entry to Britain is through the Tier 1 (Entrepreneur) visa.
It has never been that straightforward. For a start, alongside the application, which cost between £944 and £1,180 per person, applicants also needed to demonstrate that they either had, or had access to, a minimum of £50,000 of investment funds in order to apply.
However, since changes to the Tier 1 Entrepreneur application in April 2015, it seems that it’s going to be more challenging for entrepreneurs to qualify for their visas. The main change that will potentially cause problems for some applicants is the ‘genuine entrepreneur test’ introduced by the UK government to counter abuse in this immigration category.
The requirements that applicants will now need to comply with now include the following:
The reasoning behind getting Tier 1 (Entrepreneur) visa applicants to meet all the requirements mentioned above is so that the UK government can filter through the applications to find those people who are real entrepreneurs with sound business sense and experience as well as a viable business proposition.
The changes in the Tier 1 (Entrepreneur) visa seem to be sending a clear message to applicants that Britain is only open for entrepreneurial business if you can demonstrate you are a genuine and business-savvy entrepreneur.
We have had almost 100% success first time in representing the Tier 1 (Entrepreneur) Applications and our expert team can help you prepare your application right first time. Please do not hesitate to contact us via email or phone, should you need any assistance.