Tier 1 (Entrepreneur) visas

Tier 1 (Entrepreneur)

Are you an entrepreneur from outside the EEA or Switzerland who is looking to invest in a UK company or set up and run a business in the UK?  If you have £200,000 or more to invest, then the Tier 1 (Entrepreneur) visa may be for you.  See below for details of the scheme and eligibility requirements or alternatively call us on 0330 053 6790 for further information.


You can apply for a Tier 1 (Entrepreneur) visa if:

  • You want to set up or run a business in the UK
  • You’re from outside the European Economic Area (EEA) and Switzerland
  • You meet the other eligibility requirements
  • You must have access to £200,000 investment funds to apply

Length of Stay

The visa allows you to stay in the UK for a maximum of 3 years and 4 months. You can apply to extend this by a further 2 years.

You can apply for settlement (known as ‘indefinite leave to remain’) once you have been in the UK for 5 years.

What you can and can't do

You can:

  • set up or take over the running of one business or more
  • work for your business, including being self-employed, but you should check your work meets the conditions of being self-employed
  • bring family members with you

You can:

  • do any work outside your business, for example work where you’re employed by another business
  • get public funds


Tier 1 (Entrepreneur) visa applications are assessed using a points system. A points score of 95 must be obtained.

You must have access to £200,000 investment funds. Your funds must be:

  • Held in a regulated financial institution and free to spend in the UK
  • Held in the UK if you’re applying for leave to remain

You must prove your money is either:

  • Your own
  • Made available to you by a third party (spouse, partner or investor)
  • In a joint account with your spouse or partner but only if they aren’t applying for a Tier 1 (Entrepreneur) visa

In addition you must also:

  • Meet the required level of English language proficiency
  • Be able to support yourself during your stay
  • Be at least 16 years of age

You can also apply if you have already invested £200,000 in a UK business within the last 12 months before your application.  A scheme exists allowing a minimum of a £50,000 investment if specific criteria are met.  In our experience, most investors prefer to opt for the £200,000 investment route as there is less risk involved.

Applicants will also need to demonstrate that they are genuine entrepreneurs and will need to produce, amongst other things, a business plan.

For more information about which Tier Visa matches your requirements please call on 0330 053 6790. Our lines are open Monday to Friday from 9 am to 5 pm. Additionally, complete the contact form in the left column and we will be in touch.