UNITED KINGDOM
UNITED KINGDOM
Looking for a diverse, prosperous and perfectly located place to call home? Look no further than the UK, an economic and cultural hub boasting one of the best and most sought-after standards of living in the world.
GDP
POPULATION 63,742,977
Population Growth: 0.54%
37,300 USD
GDP (per capita)
GDP (purchasing power parity)
2.387 trillion USD (2013)
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VISA FREE COUNTRIES: 57
LOCATION
Western Europe, islands - including the northern one-sixth of the island of Ireland - between the North Atlantic Ocean and the North Sea; northwest of France
CAPITAL
London
TIME DIFFERENCE
UTC 0
TOTAL AREA
243,610 sq. km
AGE DEMOGRAPHICS
0-14: 17.3%,
15-24: 12.6%,
25-54: 41.0%,
55-64: 11.5%,
65+: 17.3%
LANGUAGE SPOKEN
English
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RELIGIONS WORSHIPPED
Christian 59.5%, Muslim 4.4%, Hindu 1.3%, other 2%, none 25.7%, unspecified 7.2%
GOVERNMENT TYPE
Constitutional monarchy and Commonwealth realm
CURRENCY
British Pound (GBP)
EXCHANGE RATE
1 USD = 0.66 GBP (2013)
United Kingdom
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Residency can be obtained in the UK through participation in the investor programs put forward by the government. The visa programs developed are designated to powering the country’s economy with foreign capital. Individual investors and their family can then secure residence permit in fulfilling the program requirements.
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The Innovator Visa and Start-up Visa have replaced the Tier 1 UK Entrepreneur Visa since 2019, imposing additional requirements on investors who would like to build innovative businesses in the UK. Alternatively, Tier 1 Investor Visa is possible for investors with high net worth.
Why the UK?
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“Looking for a diverse, prosperous and perfectly located place to call home? Look no further than the UK, an economic and cultural hub boasting one of the best and most sought-after standards of living in the world.”
Why the United Kingdom?
Being granted residency or citizenship status in the UK provides access to a world of exclusive benefits, including a diverse and multicultural society represented by large cultural and ethnic communities; superior standard of education; attractive tax regime and more.
Benefits
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Fast processing time within 3 weeks
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Visa-free travel to over 184 countries
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Investment only program, no donation required
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Eligible for whole family
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Favorable tax regime
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Route to UK citizenship
Eligibility
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At least over 18
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Meet the English language requirement
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Be able to prove that one has sufficient personal savings to support himself and his family while they are in the UK
Investment Options
Start-up Visa
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High potential, early stage entrepreneurs who want to set up a business in the UK may go for a start-up visa, if the business idea is proved to be new, innovative and has a potential for growth. There is no minimum investment requirement for the application of this visa, provided that other eligibility requirements are met. The business idea has to be assessed by an approved body for endorsement.
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Applicants can then stay in the UK for 2 years on a start-up visa, with no extension granted upon visa expiry. Nevertheless, the applicant can switch to Innovator Visa after 2 years.
Innovator Visa
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For more experienced entrepreneurs, they may choose to acquire an Innovator Visa instead. A minimum investment of £50,000 is required for entrepreneurs who want to set up a new business. Whereas no investment funds are required if business is already established and endorsed previously. The business idea should also be assessed and endorsed.
The innovator visa will be valid for a period of 3 years, extension is possible upon expiry with no limit on the number of extensions.
Tier 1 Investor Visa
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Investors seeking a residency visa in the UK can consider the Tier 1 Investor Visa. A minimum investment of £2,000,000 is required to be eligible for the visa. The fund must be held in at least one of the UK-regulated financial institutions and should be free to spend in the UK.
Applicants holding the visa can stay in the UK for a maximum period of 3 years and 4 months. Extension of visa is possible for another 2 years subject to fulfillment of the requirements continuously.
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All application processes will take around 3 weeks to complete, after which the relevant visa will be issued. Given there is no direct citizenship-by-investment programme in the UK, investors seeking permanent residence may want to apply for settlement (“indefinite leave to remain”) after 5 years and British citizenship after 6 years