COUNTRY PROFILE
• Capital: London
• Population: 62.8 million
• Area: 242,514 sq km (93,638 sq miles)
• Major language: English
• Major religion: Christianity
• Life expectancy: 78 (men) 82 (women)
• Currency: GBP
• Exchange Rate (as of May 2018): 1 USD = 0.735802 GBP
For UK Citizenship, Entrepreneurs and Investors are encouraged to both invest in and develop business activity in the United Kingdom. Effective 29 March2019 UK Government has abolished the UK Tier1 Entrepreneur Visa. This is replaced by “Start-up” & “Innovative Visa” Categories. https://www.gov.uk •Start-up visa – 2 years (after which the applicant may qualify for the innovator) •Innovator visa – 3 years Applicants can obtain ILR after having had the Innovator visa for 3 years, if they do not qualify from the outset for the Innovator visa, they may apply for the Start-up visa as a bridge to obtain the innovator visa after a period of 2 years. Innovator Visa mandates the availability of a certain amount of funds for investment, maintenance, govt. charges, creation of employment for UK citizens & No employment is permitted for the Investor other than the business(es) invested in.
| Type of Program | UK Citizenship by Investment-Startup & Innovator Visa |
| Type of Investments | 1. Investment of at least £50,000 in a designated UK based organization. 2. The funds must be held in a regulated financial institution and disposable in UK. 3. Applicant has English language ability 4. Applicant has availability of a certain amount of funds for maintenance. 4. No employment is permitted other than the business (es) invested in |
| Minimum Investment | GBP 50,000 |
| Dual Nationality Permitted | YES |
| Personal Visit Required | YES |
| Minimum Stay | 185 days |
| Capital Gains Taxes | Varies for Expats, Residents & Non-Residents. |
| Personal Income Taxes | 0% tax if Non-Resident for more than 183 days |
| Business & Corporate Taxes | Varies for Expats, Residents & Non-Residents. |
| Property Taxes | Varies for Expats, Residents & Non-Residents. |
| Processing Time | 4 months Visa 3 years passport |
| Passport Validity | 10 years |
| Restricted Countries | NONE |
| Visa Free Travel | 173 Countries |
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