UK residency by investment: Is it worth investing in?
The United Kingdom is home to hundreds of Indians. London, Liverpool, Manchester, Birmingham are a few cities where Indian’s migrate to live an upgraded life. There are opportunities beyond imagination in one of the largest economies of the world. While the traditional immigration route is challenging, UK residency by investment makes it easier.
The UK government launched the Tier 1 UK Investor Visa in 2008. Since then, the nation has become the home of a plethora of investors. They found an excellent lifestyle, healthcare, and education opportunities – all because of UK immigration by investment.
Due to the pandemic, India’s are looking for safe countries to reside in. If you are one of them, UK permanent residence for Indian is something you should explore. It allows you to travel, work, and live freely anywhere in the country. In such times, the country becomes a good alternative if you are looking for a Plan B.
This article will highlight 5 reasons why it’s worth investing in the UK investment visa and immigrating to the country. But before that, let’s look at the investment options of the program.
UK residency by investment: Investment options
There are three different investment options available
You can invest £2 million in government bonds, shares, or loan capital and move with your family to the country. You can get an Indefinite Leave to Remain (ILR) in the UK after 5 years. After 6 years, you can apply for citizenship.
The second option is to invest £5 million in government bonds, shares, or loan capital. You can apply for Indefinite Leave to Remain in the UK after 3 years and live in the country. In this case, you can apply for citizenship after 5 years.
Finally, you can invest £10 million in government bonds, shares, or loan capital and get an Indefinite Leave to Remain(ILR) in the nation after 2 years. You can apply for citizenship after 5 years.
If you apply today, it will take around 6 to 12 months for you to get UK permanent residence by investment. Note that there is no UK citizenship by investment program. You can only get a residence, stay in the country, and then apply for citizenship.
You cannot get a UK residency by property investment. There is no option right now to purchase real estate in the country and obtain a residency.
Why is the UK Investor Visa worth investing in?
The United Kingdom is the financial capital of the world. You and your family get access to a high standard of living. From beautiful landscapes to historical museums and architecture, the UK is home to some of the culturally diverse communities in the world. Here’s why the UK investment visa is worth investing in –
Financial opportunities
The UK immigration by investment program opens up a world of financial opportunities for you. London is known for its economic boom. You can start or expand your business in the country. Apart from that, you can also benefit from the growth of the financial sector. The London stock exchange is one of the best places to invest in the world. You can quickly gain your residency and take advantage of the country’s multiplying financial growth.
High-quality education
You must have surely heard of Oxford University, Cambridge University, London School of Economics and many more institutes of the UK. These are top institutes in the world. With a UK permanent residence by investment, you can give your children access to a high-quality education. They can grow their career by studying in a diverse and world-class system. The country has schools for young children that are popular across the globe.
Healthcare system
The United Kingdom has one of the best healthcare systems in the world. A vast majority of the GDP funds the public healthcare system. The country ranks 18 in the global healthcare system index. There are the world’s leading doctors conducting operations and providing the right guidance on personal health. The NHS in the UK is often termed as the best healthcare system in the world. So if you are worried about your family’s health in the pandemic, the UK investment visa is perfectly suitable for you.
Visa-free travel
If you and your family are fans of travelling the world, UK residency by investment can fulfill that dream. Once you become a citizen of the United Kingdom, you can travel visa-free to 180+ countries of the world. You will also get an on-arrival visa in several countries. You can explore opportunities and different nations and see what fits you. There are no restrictions to travel within the country as you can live and work freely anywhere in the UK.
UK citizenship
While there is no UK citizenship by investment program as of now, you can become a citizen after you have lived in the country for 5 or 6 years, depending on the investment option. You will get all the rights of a UK citizen and enjoy a vibrant and care-free lifestyle in the country. As a UK citizen, you’ll be eligible for free healthcare, public insurance and have all the rights to experience the UK firsthand.
Get expert assistance for UK permanent residence
While migrating can look enjoyable from far, the process is challenging. There are various documents that you need to take care of. Formalities and applications can eat up a lot of your time. An immigration advisor can help you make the right decision regarding investment options and avail the UK investor visa program.
Our team of experts at My Global Citizenship™ has some of the best immigration consultants in India. They provide complete guidance on the application process. Along with that, they will make your UK immigration by investment seamless and hassle-free. Contact us today for an online consultation.
