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Overview
With the recent changes in the UK Tier 1 visas, Immigrants considering to opt for the route of UK Tier 1 (Entrepreneur Category), would enjoy quicker settlement than ever, including other benefits too.

Here are the changes:

•	Entrepreneurs able to generate 10 employments in the UK or come out with a turnover of more than 5 Million Pounds in a time span of 3 years would be able to enjoy faster settlement.
•	£200,000 would remain as the standard threshold for an entrepreneur to be qualified under the Tier 1 visa. Additionally, high-potential ventures would be permissible to come to the country with £50,000 in financial support/ option of funding from a highly regarded organization.
•	Entrepreneurs would be permissible to enter the country with their business partners provided they have the accessibility to joint funds.
•	Major investors would be able to enjoy 180 days outside the country. Earlier this criterion was limited to 90 days.

Our immigration experts at Pearl understand the importance of UK as a prospective destination and know which route fits in the best for our potential clients.

New Prospective Entrepreneur Visa (outside of the Points-Based system)

Prospective Entrepreneur Visa is for those prospective entrepreneurs who are at present in discussion with a company which is FSA- registered venture capitalist, UK Trade and Investment recognized seed competition or departments of the UK government to make way for a secured funding for the purpose of joining, and/or commencing or taking over a venture in the UK.

This route will allow the applicants intending to come to the UK to look for funding or to create a team for a fresh venture to be given visit visas, on the condition that they are able to demonstrate their access to £50,000.

Successful applicants would be given non-extendable six months to enter the country, where they can choose for the Tier 1 (which is for the Entrepreneurs) after meeting the mandatory requirements.

Tier 1 (Entrepreneur) Immigration Program- Qualifying Criteria

Team Pearl lends you a helping hand to get you out of the muddle of Tier 1 Entrepreneur program in the simplest way, if you meet the given qualifying criteria.

To qualify under the Tier 1 (Entrepreneur) immigration program, you must score

At least 75 points as regards your funds are concerned. Given below is the distinction of the maximum points awarded under different financial requirements:

2.	•	You should have access to not less than £200,000 - 25 points
	•	Your money is required to be held in one or more regulated financial institutions - 25 points
	•	When your money is disposable in the United Kingdom - 25 points

Minimum of 10 points for English language skills

It is perfectly fine if you hold funds in more than one institution and in more than one country. Third party funding (that includes, family members, as well as other investors or corporate bodies) is also permitted. Meeting definitional requirements under the funds attribute is a complex area when it comes to Immigration regulations.

In addition, the application under the Tier 1 Entrepreneur program requires a range of documents that are to be submitted with the application. UK Immigration consultants at Pearl secure your possibility of approval by processing your application and documents through a full-proof method of scrutiny among experienced members of our UK immigration team, before it is submitted to the visa officials.

After a successful approval of your Tier 1 (Entrepreneur) application, Entry clearance is another mandatory requirement you must fulfill to fly to the UK. Farsightedness of our able consultants allows them to keep all such formalities in mind, beforehand. As a result, we keep you informed and ready for the procedure, from the very start, avoiding any inconveniences or delays in approval for your Entry clearance.

Initial entry clearance is normally granted for three years. However, you can seek our assistance for the essential Indefinite Leave To Remain (ILR) in the UK after the expiry of initial clearance, under the UK Tier 1 Entrepreneur program.

If you are already a visa holder under some other visa category, staying in the UK, and wish to switch over to the Tier 1 (Entrepreneur) route, we can surely guide you about the same, if you successfully meet the qualifying requirements for the Tier 1 Entrepreneur category