Scotland

Residency By Investment

$2.8 M

Tier 1 (Investor)

$70,000

Tier 1 (Entrepreneur)

Mobility

175

Visa Free Travel

Scotland Investment Immigration Programs Overview

Immigration rules in Scotland are the same as in other parts of the United Kingdom, even though Scotland has its own legal system. The immigrant investor program includes a Tier 1 (Graduate Entrepreneur) visa, Tier 1 (Entrepreneur) visa and Tier 1 (Investor) visa. The main difference among the three is the amount of money required for the investment.

In general, the more one invests, the faster he or she can apply for indefinite leave to remain in the country. The lower value of sterling following the Brexit decision and the Scottish referendum have made it easier for investors to meet the financial requirements recently. The program is particularly popular among Chinese and American citizens.

How To Apply

Applications are submitted to the Home Office. The legal process can take about three weeks for out-of-country applications and up to eight weeks for in country applications. Applications sent from out of the country cannot be submitted until three months before the proposed date of arrival to the UK.

Mobility

Citizens can travel freely, just like any other UK nationals. Tier 1 visa holders don’t have to stay in the UK the whole time, but they have to keep proving that their activities directly benefit the UK economy. They should not spend six months or more outside the UK as it could result in the cancelation of leave to remain. Also, spending more than 180 days outside of the UK can affect eligibility for indefinite leave to remain and even chances for citizenship.

Country

Scotland is the northern part of the UK with a population of about five million people, including a highly educated and skilled workforce. English is spoken as a main language. Scotland is known for its high degree of autonomy and a few years ago came close to becoming an independent country. While the people have a strong national identity, they are known for their hospitality.

Citizenship By Investment

Tier 1 investors typically receive three years of leave to remain in the UK. Entrepreneurs get two years. By the end of that time, they can apply for indefinite leave to remain and a year later they can apply for British citizenship. In general, a person has to be in the UK for six years before he or she can apply for citizenship.

Residency By Investment

For Tier 1 (Investor) visa, applicants must have at least 2 million pounds to invests, be from outside the European Economic Area and Switzerland, be 18 or over, prove ownership of the money, and have a UK bank account. The funds must be held in a regulated financial institution and free to spend in the UK. The money can be in the UK or abroad at the time of the application. The fee is 1,561 pounds plus the healthcare surcharge.

For Tier 1 (Entrepreneur) visa, applicants must have at least 50,000 pounds, be interested in setting up or running a business in the UK and be from outside the European Economic Area and Switzerland. The money must be in one or more regulated financial institutions and free to spend in the UK. Applicants must also meet the English language requirement, be at least 16 years old, and be able to support themselves during their stay. The fees range from 927 to 1,228 pounds, plus the healthcare surcharge.

There is also an option for Tier 1 (Entrepreneur) visa for those who have at least 200,000 pounds and can prove the money is theirs or available to them from a spouse or investor. Investing 200,000 pounds in a UK business less than 12 months before applying also counts.

For Tier 1 (Graduate Entrepreneur), the investor must be a graduate officially endorsed by the Department for International Trade or a UK higher education institution as having a credible business idea, be from outside the European Economic Area and Switzerland. The fee is 349 pounds, or 294 for applicants from Turkey and Macedonia.

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