UK residency by investment: is it worth in 2021?

Recently, the UK government has brought forward friendly visas and immigration policies to boost business with India and other countries. As the country ties the bond with India, it is now becoming a popular choice for investors. Today, the best way to migrate to the UK for investors is the UK residency by investment program.

If you are aware of the UK investor visa program, you must know that regulations are being eased. The UK now wants Indian entrepreneurs to expand their businesses in the country. UK residency and citizenship by investment is an excellent opportunity for investors to explore the chances of taking their business empire to the country.

UK permanent residence by investment is the CIP program for the country. It enables investors and their family of four members to migrate to the country. The minimum investment amount starts from £2 million. Considering the pandemic, the country has become a safe haven for many Indian investors. The UK investor visa is now a highly preferred choice for business executives wanting to move.

In this article, we will discuss why the UK residency by investment program is worth it in 2021. We will identify the primary benefits of the UK investment visa. We will also look at the different types of investor visas that you can apply for.

UK residency by investment: Why it’s worth in 2021?

The new year is here. You and your family might want to move to a place that can offer the best facilities and lifestyle. Make 2021 the year of fresh beginnings and consider UK immigration by investment. You can migrate to the country within 6 months of the application procedure.

The UK investor visa enables you to live in the financial capital of the world. You can enjoy a first-world lifestyle in the next year and become a global citizen. Here are a few benefits that showcase why getting a UK residency and citizenship by investment is worth it –

• Visa-free travel

  The biggest benefit is that you get visa-free travel to 180+ countries of the world. If you and your family are fans of travelling, this is the perfect choice for you. It has close ties with countries in the Schengen Zone. You can enjoy the vibrance and brilliance of Spain, Italy, Germany, the Netherlands, and many more European countries. Apart from that, UK permanent residence for Indians also enables you to access the US much easier than India.
  

• Financial capital

  London is known as the financial capital of the world. You can enjoy the economic opportunities that the country provides and multiply your wealth. Today, the UK is known as a country with a plethora of business wonders. There are tax incentives and policies in favour of entrepreneurs. You can build an empire in the United Kingdom and stay there indefinitely.
  

• Healthcare & education

  The healthcare system is one of the best in the world. With the pandemic in action, you want to move to a country that can take care of your family. The country has world-class doctors who are approached by people all across the globe. On the other hand, you can also send your children to the best colleges in the world like Oxford, Cambridge, and many more. The healthcare & education system truly stands apart from the rest of the world.
  

• Become a UK citizen

  The best thing is that you can become eligible to apply for UK citizenship after 6 years of living in the country. The investment amount offers you a specific time period to remain in the country. When you stay for 5 or more years, you can fill the application form and then permanently move to the UK as a citizen. It is possible that you might be given preference as you have already invested in UK immigration by investment.
  

• Plan B

  The United Kingdom is the perfect Plan B for investors who are looking to retire in the country. It offers a high standard of living, peaceful places, and natural beauty for a serene lifestyle. The country is welcoming and warm towards immigrants. There are several investors already living in the country and spending their retirement in peace. The UK investment visa covers you under several benefits offered to retirees in the country.

Different types of UK investor visa

There are two different types of investor visas offered by the UK government.

•  UK Tier 1 Investor visa

  The option allows you to invest in an existing business in the UK. You can invest £2 million for 5 years, £5 million for 3 years, or £10 million for 5 years. After that, you can opt for Indefinite Leave to Stay in the country.
  

• UK Innovator & Startup Visa

  Under the startup visa, investors must have a concrete business plan for conducting entrepreneurship in the UK. They can reside in the UK with their family for 2 years. There’s no minimum investment, and investors can switch to the innovator category after 2 years.
  
  The innovator visa requires a minimum investment of £50,000. Investors can reside in the country with their family for 3 years. After 3 years, they can extend their stay and settle permanently under the UK investor visa.

Conclusion: UK residency and citizenship by investment is the right choice

Residence and citizenship planning is gaining popularity, and the UK is turning out to be the right choice. But getting a UK investment visa can be a challenge. You have to take care of a lot of formalities and application procedures.

Therefore, getting the assistance of expert residence and citizenship planners can guide you through the right track. At My Global Citizenship™, we have a team of experts who can assist you through the UK investment visa process and take care of all the documentation. Get an online application today.