Are you planning to move to the United Kingdom with the intention of obtaining a UK citizenship? If yes then being a non-UK resident citizenship through investment can fulfil your dream. The UK business market is an open opportunity for global business professionals and entrepreneurs. However, acquiring citizenship can be tough but with the right investment plan you can obtain it. Indeed it requires enormous planning, understanding of the UK immigration rules and regulations, and sufficient funds in your bank account. Here in this specific piece of knowledge we have mentioned several options for investment in the UK such as the Self employed visa route. Let’s delve in and find out what and how it can work for you.
Exploring Options of Citizenship Through Investment
If you are looking for citizenship through investment you can find several visa options that can help you with it. There are several visa options and one of them is a self-employed visa which is known as self-sponsorship visa. It is essential to know that self-sponsorship is not actually a UK visa type but a strategic route that helps businesses to expand or establish their roots in the United Kingdom. Self-employed visa UK also streamlines the path of citizenship. In our next section we will explore how this visa route can help you to obtain citizenship through investment.
How Does a Self Employed Visa Work?
A self employed visa is a clone of the self-sponsorship route. Through this route one can invest in the UK market and establish their business. It does not require any endorsing body or a UK sponsor. Through this route you can sponsor yourself if you successfully establish your business in the UK. Your business must be registered as a sole trader or as a Ltd. company in the UK. To get citizenship through this route is crucial to stay compliant with the UK visas and immigration rules and regulations. Other than that it is also essential that you must have a valid passport, residential proof, english language certificate and sufficient funds in your bank account. Although funds are totally required as per your business structure, there is no fixed investment money. Since a self employed visa is a composition of sponsor licence and skilled worker visa, it is crucial to obtain this visa. To obtain this visa route you will have to demonstrate a CoS (Certificate of Sponsorship) to the UK Home Office. This certificate showcases that you have a valid job offer in the UK and if you fulfil all the requirements you can easily enter the country through this visa.
Skilled worker visas allow you to stay in the United Kingdom for 4 years. During this period of time if you will be able to successfully run your business with certain profit you can apply for a permanent residency. It is also known as ILR (Indefinite leave to remain). After spending five years in the UK you can certainly apply for citizenship. If UK Home office finds you eligible they can approve your citizenship application.