The Ultimate Guide to the UK Golden Visa: Requirements, Process, and Benefits!

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The skilled worker visa and sponsor licence together are known as the sponsorship route.

No one can deny the fact that the United Kingdom has always been one of the best countries in the world. People from various parts of the world want to enter this country every year to fulfil their purposes in life. Mostly, people from business backgrounds, whether they are established or trying to establish their business, want to enter the United Kingdom deliberately. The UK government also wants mindful people in their country. That’s why they offer certain visa routes such as the UK golden visa, UK self-sponsorship visa, Skilled worker visa, etc. These visa options are designed for non-UK citizens who want to live their dream life in the United Kingdom. Today, through this article, we will try to uncover the requirements, process and benefits of the UK golden visa specifically. So what are we waiting for? Let’s uncover the facts associated with this visa type. 

An Overview Of UK Golden Visa

UK Golden visa refers to Tier 1 Investor visa, this visa option being an attractive one for global business enthusiasts. However, this specific visa route has been closed now and there are other visa routes that can fulfil your dream of entering the United Kingdom. The UK self-sponsorship visa is one of them, though it’s not a UK visa type but it is efficiently designed to meet the requirements of big and small owners. This visa route is ideal for new business entrepreneurs and for people who want to set up their small business in the United Kingdom. You must know that self sponsorship is a joint combination of two different UK visa and licence options. The skilled worker visa and sponsor licence together are known as the sponsorship route. So basically, you need to obtain both of them to streamline the process of the self-sponsorship route. 

What Are The Benefits of The UK Self Sponsorship Visa?

Now you must be eager to know the benefits of this specific visa route. So here in this section, we have mentioned certain astounding benefits of the UK self-sponsorship visas, which are far better than the UK Golden visa options. 

  • Till now before reading this blog you must have been looking for a UK sponsor or an endorsing to enter the United Kingdom. Hold on your horses because this generous visa route requires no sponsor, as you can become your own sponsor. 
  • Unlike other UK visa types the self sponsorship route does not require a heavy amount of investment. This route is pocket friendly and you can invest any specific amount depending on the type of your business. 
  • Self sponsorship route does not involve multiple documentation processes. It can be easier to arrange all the minimal required documents and attach them with your visa application. 
  • This visa route opens the doors to interact with well established business personnels in the United Kingdom. This route tremendously helps with networking. 
  • If you are planning to settle in the United Kingdom, the self sponsorship route streamlines the path to permanent residency and even to British citizenship. If you successfully been able to run your business for four years in the United Kingdom you can certainly apply for ILR and citizenship. 

So these are basically some of the essential benefits of this visa route. However, if you find it challenging to apply you can seek help from some of the renowned immigration firms in the UK such as A Y & J solicitors. Their team of knowledgeable solicitors can help you with each and every step involved with this visa route. So what are you waiting for? Get your documents, contact a solicitor and streamline the path of self sponsorship.

Requirements & Application Process of UK Self Sponsorship

The UK Self sponsorship is a great replacement for the UK Golden visa. Here in this section, we will discuss the requirements and application process for the UK self-sponsorship visa. 

Requirements of Self sponsorship

  • First of all you must have an unique and innovative business idea. A viable business idea is the most essential requirement to obtain a self sponsorship visa. 
  • You must have all the documents with you such as a valid passport, residential proof, required funds in the bank account, certificate of english language, etc.
  • You must register your company as a sole trader or a limited private company in the United Kingdom.
  • Under the impression of your business you must obtain a sponsor licence and issue yourself a certificate of sponsorship. A CoS is essential to have it required while applying further for the skilled worker visa.

Hence, these are some of the essential requirements that you should meet if you choose the UK self sponsorship visa. 

How To Apply For a UK Self Sponsorship Visa?

Now it is essential to know the application process of self sponsorship if you choose this path to enter the United Kingdom. You must apply for the sponsor licence and obtain a certificate of sponsorship from the UK visas and immigration. After this, it is essential to arrange all the documents and visit the official UK government website to apply for a skilled worker visa. Fill the visa application form carefully and attach all the essential documents along with it. Once you are done with filling out the form, it’s time to thoroughly check all the documents, and before applying, do not forget to pay the visa application fee. Now, sit back and wait for the UKVI’s response. Usually, you can get a response within two weeks. However, this time period may vary if they find any issue with your application. 

Conclusion

In the end, we can say that the UK self-sponsorship visa is far better than the previous UK golden visa route. However, the application process can be time-consuming and challenging for many. In such a scenario, it is recommended to seek help from immigration solicitors. Apart from that fulfilling the requirements of the UK visas and immigration is also essential in terms of obtaining this route. 

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