- +92 326-8037881
- info@alrahimya.com
- 50 Bonwick Street, Fawkner , Melbourne Australia
Blog Details
- July 13, 2023
- 12121 views
- 0
United Kingdom
UNITED KINGDOM
Looking for a diverse, prosperous and perfectly located place to call home? Look no further than the U.K., an economic and cultural hub boasting one of the best and most sought-after standards of living in the world.
WHY CHOOSE THE UK?
Residency or citizenship status in the U.K. provides investors with access to a world of exclusive benefits:
Diverse and multicultural society represented by large cultural and ethnic communities.
Superior standard of education, a broad network of state and private schools, and more than 150 universities and higher education institutions.
One of the best free health care services in the world.
Member of the G8.
Unrivaled financial business center (London).
Attractive tax regime for high net worth investors classed as U.K. resident, non-domicile.
The travel mobility and security of a U.K. passport.
Qualifications
Offered through our joint venture with a U.K.-authorized financial institution, the U.K. Immigrant Investor Program is a three-tiered system enabling those who invest at a higher level to be granted residency sooner. To qualify for the program, applicants must fulfill one of the investment options below in addition to meeting the following criteria.
Maintain and accommodate yourself and any dependents without taking employment (outside of self-employment or business).
Make the U.K. your main home. Investors will need to spend at least 50 percent of their time in the U.K. (six out of 12 months) to maintain visa status.
INVESTMENT OPTIONS
Applicants must invest no less than 75 percent of the specified investment amount in the U.K. by way of U.K. government bonds, share capital or loan capital in active and trading U.K.-registered companies. The remaining 25 percent must be invested in the U.K. either by purchasing assets or by depositing the funds in a U.K.-regulated financial institution.
As shown in the table below, the higher the investment (and therefore the net personal assets required), the faster the applicant will obtain their stay for settlement (ILR).
INVESTMENT OPTIONS
Applicants must invest no less than 75 percent of the specified investment amount in the U.K. by way of U.K. government bonds, share capital or loan capital in active and trading U.K.-registered companies. The remaining 25 percent must be invested in the U.K. either by purchasing assets or by depositing the funds in a U.K.-regulated financial institution.
As shown in the table below, the higher the investment (and therefore the net personal assets required), the faster the applicant will obtain their stay for settlement (ILR).
OPTION 01 | OPTION 02 | OPTION 03 | |||
|---|---|---|---|---|---|
| FULL INVESTMENT | £2 million | FULL INVESTMENT | £5 million | FULL INVESTMENT | £10 million |
| STAY FOR SETTLEMENT (ILR) | 5 years | STAY FOR SETTLEMENT (ILR) | 3 years | STAY FOR SETTLEMENT (ILR) | 2 years |
CITIZENSHIP REQUIREMENTS
Individuals who have lived in the U.K. for five or more years are eligible to apply for U.K. citizenship as long as they meet the following residency requirements:
Be absent from the country for no more than 90 days (three months) in the 12 months preceding the application. The total number of days spent outside the U.K. for the entire five-year qualifying period should not exceed 450 days (i.e. three months of every year, or 75 percent of one’s time).
Be of good moral character and not in breach of any immigration laws.
Demonstrate a good knowledge of U.K. life and culture, as well as a basic level of English, Welsh or Scottish Gaelic languages.
Frequently Asked Questions
-
I want to apply as an investor with my spouse and child. If I don’t feel that I can meet the residency requirements, can I make my spouse the main applicant in my Tier 1 Investor application?
Yes. Even if the assets are in one person’s name only or are held jointly, they are marital assets and as such can be used as part of the application. It should be noted that further into the process of settlement, if you are not living in the U.K. permanently with your family, ILR may not be issued for your child, with only one parent being qualified to apply for settlement.
-
If my child is over 18 when we are eligible to apply for ILR, can s/he still be included in the application?
Yes, depending on individual circumstances, and as long as the child is still dependent and part of the family unit and was included with the family in the initial Tier 1 Investor visa application.
-
If my child is over 18 when we are eligible to apply for ILR, can s/he still be included in the application?
Yes, depending on individual circumstances, and as long as the child is still dependent and part of the family unit and was included with the family in the initial Tier 1 Investor visa application.
-
Does a U.K. investor undergo a medical check as other countries require?
No. There is no medical testing required for UKIIP applicants.
-
I want to apply as an investor with my spouse and child. If I don’t feel that I can meet the residency requirements, can I make my spouse the main applicant in my Tier 1 Investor application?
Yes. Even if the assets are in one person’s name only or are held jointly, they are marital assets and as such can be used as part of the application. It should be noted that further into the process of settlement, if you are not living in the U.K. permanently with your family, ILR may not be issued for your child, with only one parent being qualified to apply for settlement.
-
If my child is over 18 when we are eligible to apply for ILR, can s/he still be included in the application?
Yes, depending on individual circumstances, and as long as the child is still dependent and part of the family unit and was included with the family in the initial Tier 1 Investor visa application.
-
If my child is over 18 when we are eligible to apply for ILR, can s/he still be included in the application?
Yes, depending on individual circumstances, and as long as the child is still dependent and part of the family unit and was included with the family in the initial Tier 1 Investor visa application.
-
Does a U.K. investor undergo a medical check as other countries require?
No. There is no medical testing required for UKIIP applicants.
Free Consultation
Speak to a global expert
Are you considering investment migration? Look no further! Our team at AL-RAHIMYA GROUP is here to assist you in finding the perfect investment migration solution tailored to your needs and aspirations. The AL-RAHIMYA GROUP team has global experts in over 10 countries. Let us help you find the perfect investment migration solution.
Blog Details
- July 13, 2023
- 12104 views
- 0
United Kingdom
Permanent Residence of UK
UK permanent residence, also known as indefinite leave to remain (ILR), is a legal status that allows non-UK citizens to live and work in the UK for an indefinite period of time. It is essentially an immigration status that gives the international students right to remain in the UK after their studies without any time restrictions, and to access public funds and services on the same basis as British citizens. It means that an individual has been granted permission to stay in the UK on a permanent basis, and can apply for citizenship after a certain period of time. People apply for UK permanent residence for various reasons, including work, studies, family and lifestyle etc.
What You Can Do As Permanent Resident in UK
Here are some of the things that you can do after becoming a permanent resident of UK:
You can work and study in UK.
You can run a business in UK
You can access NHS (national Health Services) in UK.
Can access public benefits and pensions.
Can travel outside the UK
Permanent residents can also apply for the UK Citizenship after 12 months.
Free Consultation
Permanent Residence Application Processing Time
If you apply through the standard service, you can expect to get the decision within six months. You get your permanent residence decision faster by paying extra amount. If you want a decision within five business days (after submitting your biometrics), you can use the priority service for an additional £500. If you want a decision within maximum 2 days after submitting your biometrics, you can use the super priority service for an additional £800. You must not leave UK, Ireland, the Channel Islands or the Isle of Man until you get a decision.
Speak to a global expert
Are you considering investment migration? Look no further! Our team at AL-RAHIMYA GROUP is here to assist you in finding the perfect investment migration solution tailored to your needs and aspirations. The AL-RAHIMYA GROUP team has global experts in over 10 countries. Let us help you find the perfect investment migration solution.
How To Apply For UK Permanent Residence
You don’t have to wait to apply until your current visa expires. If your visa expires before you can apply for indefinite leave to remain or permanent residence, you have to renew it first. You can apply online for you permanent residence status by given steps:
First of all you have to answer some questions and then create a home office account to register yourself for the UK permanent residence.
Now you have to submit all the requested document such as i.e. passport, life in UK test score, prove that you meet of salary requirements, document from your employer, etc.
Provide all accurate details and contact information.
You can save your application and finish it later if currently don’t have the required documents.
You’ll be asked to submit the application fee at last, pay you permanent residence application fee through credit card or online banking options.
Submit the receipt of application fee to your account and submit your application successfully.
You’ll get a confirmation email along with the link to book your UKVCAS appointment.
In that appointment you have to provide your biometrics (fingerprints and photographs).
alrahimyaadmin