August 12, 2022

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How much do I need to invest to get British citizenship?

2 min read
British citizenship

To get British citizenship through investment will require you to apply for an Investor (Tier 1) visa first.

This visa is for those high-net-worth individuals who are looking for considerable financial investment in the UK.

The basic eligibility required is for you to be above 18 years of age and the finances, assets and all investments must be directly in your control.

A beneficial aspect of this visa is that you won’t need to prove your English language skills, and you will not be required to produce any maintenance (funds) since, if you have the necessary investment funds, you will be able to maintain yourself in the United Kingdom without the need for government assistance.

This visa allows you to stay in the UK for 3 years and 4 months.

Application eligibility

The basic eligibility for this visa is that you are above the age of 18 years. You need to have a minimum of £2 million to invest in the UK.

Secondly, you must be able to open a bank account in the UK and also prove that the investments belong to you or you spouse(husband or wife)

Thirdly, the amount of money must be easily dispensable.

Fourthly, your money can be with you in the UK or with you at the time of application.

What can you do with an Investor Visa?

You can either study or work in the UK on a Investor visa.

You will be able to apply for ILR with this visa within 2 years time if you invest £10 million, and in 3 years of time with £5 million and in 5 years with just £2 million investment. Once you have ILR, you can then apply for British citizenship.

What you cannot do on this visa?

You will be granted an Investor visa for a period of 3 years and 4 months, once it has expired you can renew it for 2 more years.

During this period you will ot be able to invest in offshore companies, like management, etc, nore you can access public funds.

Six main documents

You need to have majorly 6 documents for an Investor visa

  • A valid passport with blank pages.
  • Certificate of marriage
  • Tuberculosis test certificate
  • Record of criminal certificate from any country you have stayed in for more than 12 months in the previous 10 years.

How to proceed with the application?

You will need to make an online application with a complete biometrics enrolment procedure and related documents.

The fee for an Investor(Tier 1) visa is £1,623, and an additional healthcare surcharge is required to be paid.

You must make the application as early as 3 months before the trip. It usually takes 8 weeks before the investor visa is granted.

The required documents must be in English or welsh or if not, then certified translations must be provided.

Finally,you must seek support from immigration solicitors to help you represent and guide you through the process. A Y & J Solicitors are British citizenship experts and can help you achieve it successfully with their bespoke visa and immigration services.