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Tier 1 Entrepreneur visa – commercial property purchase – investing with business partner

Questions & AnswersCategory: ImmigrationTier 1 Entrepreneur visa – commercial property purchase – investing with business partner
RSL Law Staff asked 11 months ago

Good afternoon. I have the following questions.

  1. If I buy a shop that sells food, will its price (the price of the commercial property) be accepted as the required investment? Or will only the purchase of shop’s stock and equipment be accepted as the required investment?
  2. I would like to apply for a visa with a business partner investing £100,000 each and both of us would like to move to the UK with our wives. Is it possible?

Thank you for your reply in advance.

1 Answers
RSL Law Staff answered 11 months ago

Thank you for your question. Unfortunately, the purchase of the business will not be considered as the correct investment. Money spent on the business development will be considered as an appropriate investment. If you and your business partner will move to the UK after having obtained Tier 1 Entrepreneur visa, you both will be entitled to bring to the UK your family members, wives and children.

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