|
|
UK Visa for Business Purposes |
|
|
The UK Business Visa are
for people wishing to come to the UK to start a business.
You may start any type of business, but you must work
full time in the management of the business.
Unless you are a national of Bulgaria, The Czech Republic,
Hungary, Poland, Romania Slovakia, Estonia, Latvia,
Lithuania or Slovenia, entry to the UK as an investor
will require you to invest £200,000 in the UK.
If the investment is considerably greater than the
minimum £200,000 the Home Office is likely to
be less stringent with the other requirements of the
rules and the application may be processed more quickly.
|
 |
If you are
a national of a country that is not covered by the EC Association
Agreement, you will need to show that you will : |
|
Invest £200,000 in a new UK business. |
|
Create full time employment for at least 2 EEA
nationals |
|
Work solely in the business |
|
Have sufficient funds to accommodate and maintain
yourself until the business is profitable. |
|
Have a controlling interest in the business. |
|
Take a share of the business’s liabilities |
|
Be implementing a business plan that looks to
be thorough and viable |
|
|
The money to be invested
in the UK should be your own and not from any other
source (e.g. bank loans). It can be held in the form
of cash and share capital and the investment should
give you an equal or controlling interest in the business.
You may apply for your spouse and children to accompany
you as your dependants on your UK business visa. Your spouse/partner and dependent
children may work as long as they have permission
to stay in the UK. Your children entering the UK as
your dependants are entitled to the same free education
as British children when you have a UK Business Visa. You may choose to send your children
to a private school if you wish. You and your family
are eligible to free health care provided by the National
Health Service. You are not required to take out private
health insurance, although you may choose to do so.
You will initially get a UK Business Visa which will be valid for a period of
12 months. During this time you must usually make
the full investment and create the required 2 jobs.
At the end of this first year, the UK Business visa can be extended
by applying to the Home Office. The extension application
for your UK business visa will need to be accompanied by documentation showing
the progress that your business has made; as long
as the business looks viable, the investment has been
made, and the jobs have been created, then the Home
Office will normally grant a three-year extension
to your visa. After a total of 4 years in the UK you
may apply for indefinite leave to remain (Permanent
Residence). A year after being granted indefinite
leave to remain you may apply for naturalisation as
a British citizen.
The UK business visa application should be made to a British Embassy
in the Bangkok or the country of your nationality.
If it is clear that you have a very strong case (for
example, where the sum to be invested is significantly
more than £200,000), it may be approved quite
quickly by the consular officials. However, if your
case requires more careful assessment, it will be
referred to the Home Office in the UK. Irrespective
of the strength of the application, it will be referred
to the Home Office for security clearance if you are
a citizen of Russia, North Korea, Liberia, or Iraq.
When applications are referred to the Home Office,
processing will normally take 9 months. |
|
|
| Documents required for a UK Business Visa: |
|
|
 |
Passports |
 |
Visa fee of £ 50 |
 |
2 passport photos for each applicant |
 |
Business plan which should include: |
- The object of the business
- A detailed description of employment
created
|
 |
A projected balance sheet, including: |
- The financial outlay
- Any loan to the company
- Assets
- Stock
- Profit and loss projection
|
 |
Overheads including: |
- Establishment expenses
- Admin expenses
- Depreciation
|
 |
You may be asked to justify the assumptions
made in the business plan for example with
market research. |
|
|
| |
|
| |
| Guide to UK Business Visas Visits: |
|
For trips to the UK of
up to 6 months, a visit visa can be used where the
work to be performed is limited; the official guidelines
state that the following may come to the UK as business
visitors
|
-
Advisers, consultants, trainers, trouble-shooters
etc, provided they are employed abroad, either
directly or under contract, by the same company
(or group of companies) to which the client
firm in the United Kingdom belongs. Their
involvement must not extend to actual project
management or to providing advice or consultancy
services direct to clients of the United Kingdom
company. Training should be for a specific,
"one-off" purpose (for example,
training in the use of products manufactured
overseas or training specific to the operation
of a group of companies of which the United
Kingdom firm is a member). The training should
not go beyond classroom instruction and should
not otherwise be readily available in the
UK;
-
Representatives of computer software companies
coming to install, debug or enhance their
products.
-
Representatives of computer software companies
coming to be briefed as to the requirements
of a United Kingdom customer. HOWEVER if they
are to provide a service involving the use
of their expertise to make a detailed assessment
of a potential customer's requirements this
should be regarded as consultancy work for
which a work permit is required;
|
|
The effect of these regulations
is that (1) allows considerable flexibility for an
in-house training/roll-out team, and (2) gives considerable
freedom to employees of such companies as Oracle,
SAP, etc. who are rolling out their own products at
client sites. As the majority of IT roll-outs are
conducted by consultancies that are using products
manufactured by a third party, such activities will
require a work permit. |
|
|
Financially Independent
persons who wish to make the United Kingdom their
main home may apply to enter the United Kingdom as
passive investors.
At least £750,000 must be invested in
qualifying investments. Increasing numbers of wealthy
foreign nationals are seeking entry to the United
Kingdom under this category. |
|
|
|