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Tier 1 Investor Route Is Changing

Published: 6 November 2014

The Tier 1 (Investor) route is being reformed following recommendations from the Migration Advisory Committee. The minimum investment threshold will be raised from £1m to £2m.

The Statement of Changes have now been published, the link to which can be found here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/364371/hc-693.pdf

The key highlights of the Statement of Changes are:

  • New threshold of £2 million
  • Effective for new applications made from 6 November 2014
  • 100% of the funds must be invested (no longer a 75%/25%)
  • The topping up provision is being removed
  • Loaned funds are no longer permitted

For more information, please contact Sam Meymand on 0207 632 1446 or via email to sam@fletcherday.co.uk