British Citizenship for Tier 1 Investors


For high net worth individuals from outside of Europe, the Tier 1 (Investor) Visa offers one of the most attractive routes to settlement in Britain. And under the current scheme, the more that investors put into the UK economy, the sooner British Citizenship for Tier 1 investors becomes available.

The Tier 1 Investor Visa application process is, however, far from straightforward and subsequent citizenship is not always guaranteed.

Yet the UK – with its high standard of living and world-class education system among many other advantages – continues to appeal to wealthy individuals and their immediate families as a destination for settlement.

For those looking to set down roots in Britain, does the Tier 1 (Investor) visa offer the best route?

Access to the UK for investors

Competition among countries to attract global investors and their liquid assets remains strong. Economies want to benefit from the wealth, employment and wider social contribution that investors bring.

As a result, many economies have developed highly attractive ‘golden visas’ to entice wealthy applicants.

In particular, European countries such as Portugal, Malta and Cyprus offer relatively less complex application processes and lower investment thresholds than the current UK Tier 1 (Investor) visa.

This has resulted in many investors seeking to gain entry and eventual settlement in the UK via another EU member state with less stringent visa and investment criteria.

However, as Britain prepares to leave Europe, the question is how long this strategy will remain open.

For investors in the future, settlement in Britain under the current system is likely to only be available via the UK Tier 1 visa route.

Tier 1 (Investor) Visa Applications 

In 2015, 192 UK Tier 1 investor visas were granted, a marked drop from the 1,172 issued in the previous 12 months.

A number of factors have contributed to the fall in numbers. Tier 1 application changes in November 2014 saw the minimum investment threshold double from £1 million to £2 million.

Rules introduced in April 2015 require Tier 1 investor applicants to have a UK bank account and undergo the associated due diligence procedures.

And difficult economic conditions in countries such as China and Russia, where the majority of investor visa applicants had been originating, have resulted in fewer investors looking to invest abroad.

The present challenge in attracting inward investment to the UK was the decision to leave Europe.

Since the referendum, Britain’s economy has endured a period of uncertainty and conjecture as to its future position in global and European markets.

But as we emerge from the initial aftermath of the referendum, opinion among credible sources is shifting to one of confidence and positivity toward the UK economy and its future prospects.

Most recently the World Trade Organisation went on record to state Britain will avoid a recession following the Brexit vote.

As the UK prepares to leave Europe and compete on a global scale as an independent economy, it seems its proposition as an investment centre and economic power has to undergo a transformation. The perks of the UK’s previous membership to the EU club will need to be replaced by other, valuable benefits for investors.

Growing confidence in the UK’s financial future, combined with the continued appeal of UK settlement among high net worth individuals, may stand Britain in good stead as a prospect for investment and as a competitive force on the global – and European – stage.

Applying for a Tier 1 Investor Visa

The Tier 1 (Investor) Visa is aimed at high net worth individuals who are looking to invest financially in the UK.

It was developed to attract investment to the UK of substantial sums from investors outside of Europe.

To be eligible to apply for a Tier 1 investor visa:

  • you must have a minimum of £2 million
  • the sum must be within your full control
  • the sum must be held in a regulated financial institution
  • the sum must be disposable in the UK
  • you must have opened an account within a UK regulated bank
  • investment must be made in UK government bonds, share capital or loan capital in active and trading UK registered companies.

There is no requirement to demonstrate English language ability. And while you will be permitted to work and study in the UK, there is no obligation as with many other visas.

In addition to the Tier 1 conditions, the Immigration Rules still apply which look, for example, at your previous immigration history.

You must also provide an overseas criminal record certificate for each country you have resided in continuously for 12 months or more in the 10 years prior to your application.

UK settlement for Tier 1 Investors

The Tier 1 Investor visa is temporary, permitting entry into the UK for a maximum of three years and four months.

You can apply to extend this visa for another two years, or you can apply to settle permanently in the UK:

  • after two years if you invest £10 million, or
  • after three years if you invest £5 million, or
  • after five years if you invest £2 million.

Note however that any dependent family members that you bring with you must wait five years before they are eligible for settlement.

As part of your application, you will be subject to the relevant eligibility criteria for British Citizenship.

The rules and the application process itself are strict, and vary depending on the circumstances of your application, but with professional advice can be navigated effectively.

We are highly experienced in advising high net worth individuals on UK routes to entry and settlement. For more information about Tier 1 (Investor) visas, speak to us today.



Founder and Managing Director Anne Morris is a fully qualified solicitor and trusted adviser to large corporates through to SMEs, providing strategic immigration and global mobility advice to support employers with UK operations to meet their workforce needs through corporate immigration.

She is a recognised by Legal 500 and Chambers as a legal expert and delivers Board-level advice on business migration and compliance risk management as well as overseeing the firm’s development of new client propositions and delivery of cost and time efficient processing of applications.

Anne is an active public speaker, immigration commentator, and immigration policy contributor and regularly hosts training sessions for employers and HR professionals

About DavidsonMorris

As employer solutions lawyers, DavidsonMorris offers a complete and cost-effective capability to meet employers’ needs across UK immigration and employment law, HR and global mobility.

Led by Anne Morris, one of the UK’s preeminent immigration lawyers, and with rankings in The Legal 500 and Chambers & Partners, we’re a multi-disciplinary team helping organisations to meet their people objectives, while reducing legal risk and nurturing workforce relations.

Legal Disclaimer

The matters contained in this article are intended to be for general information purposes only. This article does not constitute legal advice, nor is it a complete or authoritative statement of the law, and should not be treated as such. Whilst every effort is made to ensure that the information is correct at the time of writing, no warranty, express or implied, is given as to its accuracy and no liability is accepted for any error or omission. Before acting on any of the information contained herein, expert legal advice should be sought.

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