Emigrating to the UK for High Net Worth Individuals
Emigrating to the UK for High Net Worth Individuals and business owners is fairly simple…..Tier 1 (Investor) Visas are available for people who wish to come to the UK and have at least £1,000,000 to invest in the UK. Under this type of visa, permanent residency in the UK is available for the high net worth individual, spouse or partner and dependant children after five years of continuous UK stay. You can obtain permanent residency after three years with an investment of £5m and after two years if £10m or more is invested. Importantly for those with continuing business interests outside the UK, the main investor can remain outside the UK for up to 180 days per year and still qualify for permanent residency.
Why think of the UK?
The UK has always been one of the most attractive countries in which to conduct businesses and investments. A country with a wonderful cultural and historical heritage, some fine traditions and a sound legal system. Importantly it also has a reliable currency, a strong property investment market and some of the best schools in the world – all good reasons why it is a favourite destination for high net worth individuals.
What do you need to know?
Although you can download all the forms you need from the web, you probably need professional assistance in making an application and we can help recommend specialists in this area. Financially, your £1m investment can be made up of a house purchase with the balance being an investment into UK Treasury Stocks.
What can we do to help you?
Once you have arrived in the UK you will need taxation advice and possibly business advice. We are specialist advisors and tax planners but also business advisors – so we can help to protect you and your wealth from the taxman and, if appropriate, help you get to grips with understanding how to make your business a success in the UK.
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Tel: 01234 752 566
Fax: 01234 752 577
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