Tag Archives: Tier 1 Entrepreneur visa

Tier 1 Entrepreneur Visa | Contract / Consulting Business with £50K

Would you like to apply for a Tier 1 Entrepreneur Visa ? Do you have £50,000 and a viable business plan? If so Commonwealth Contractors may be able to help.

The UK Tier 1 Entrepreneur Visa is focused on those who want to set up a business in which they will invest at least £200,000 and employ 2 local people (settled workers). For many this £200,000 hurdle is simply too steep to clear.

However if you have at least £50,000 there may be another option. At Commonwealth Contractors we work with experienced partners and sponsors who may be able to help you. You will need to secure the other £150,000 in the form of a loan and to get such backing you will need a detailed and viable plan, ideally with key clients and fee-earners already identified. If other key fee earners are also expats, then this need not be a problem.

You may like to read the following:

To discuss your situation and options with an experienced professional call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you!

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Wealthy Global Investors Favour Silicon Roundabout

According to a report in the FT entrepreneurs from around the world are attracted to the UK’s fastest growing business sectors including the rapidly expanding IT start-up sector centered around the Silicon Roundabout.

Where is it?

Old Street roundabout in London is referred to as Silicon Roundabout owing to the number of web start-up companies in the area. It sits on the northern fringe of the centuries-old financial hub, the City of London. In September 2011 Google acquired a  building  in the area which has since been transformed into a Google Campus comprised of  seven floors of co-working space, a café and events space for start-up companies and entrepreneurs.

According to  International Law Firm Pinsent Masons the number of wealthy foreign investors issued with specialist ‘investor visas’ allowing these people to stay in the UK has rocketed in the past year. The figure has risen to 462 at the end of a 12 month period ending in June 2012 compared with 199 in the same period a year earlier.

Simon Horsfield, the head of Pinsent Masons’ business immigration team says: “The UK, and London in particular, remains hugely attractive to wealthy individuals from around the globe. Foreign nationals still see London as an expat friendly gateway to Europe. London offers both political stability and a very transparent legal system. Investors see prime property in the capital as a very attractive and liquid asset. Prime property prices in London have remained stable or even increased despite the global downturn, which is a real lure for High Net Worths.”

These start-ups will also need talented engineers and other creative people. David Cameron on his visit to India last week announced that there is no cap on foreign students allowed in Britain provided they have basic English and an offer to study at a UK university. It is not just from India that we need them. These entrepreneurs and students will boost our economy through their expertise, innovative ideas and job creation. Making them welcome is the way forward for us.

If you are an expat studying for a PhD or an MBA, we, and our partners can help you

* Obtain a Tier 1 Exceptional Talent visa.

or

* Find an employer able to employ you on a Tier 2 (general) work visa.

To find out more call Commonwealth Contractors now on 0800 294 4388 or Submit your details now and we will get right back to you. Please be prepared to send a copy of a recent CV so that we can pass to interested partners.

If you are a Tier 1 Entrepreneur we await your call.

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Tier 1 Exceptional Talent Expansion | 1000 Extra MBA Places

While most areas of UK visa policy are getting tighter, the red carpet is still rolled out for the world’s high flyers.

In December 2012 Theresa May, UK Home Secretary, announced that

  • Phd students will be given 12 months from completing their course to seek work or  as entrepreneurs to start businesses in the UK
  • An extra 1000 Tier 1 ‘Exceptional Talent’ visas will be for MBA students.

The announcement followed London Mayor Boris Johnson’s public support for expat students coming to learn in the UK, and reports that British business schools thought overseas students had been reluctant to study here for an MBA as a direct result of the tightening on the immigration rules that limit their stay after graduation.

It remains to be seen if these very selective freedoms for top postgraduates will alter the perceptions created by generic UK government and opposition statements that the UK wants fewer immigrants.

Certainly the 28th January 2013 FT Business Education supplement, looking at global MBAs highlighted the extra 1000pa Tier 1 Exceptional Talent visas being released from April 2013, and it is to be hoped that prospective MBA students will be able to see that the UK really wants them.

So where in the UK should you study for your MBA?
According to the FT’s MBA 2013 college rankings there are 11 schools in the global top 100 with the London Business School at the top of that 11.

Other interesting points made in the supplement include:

  • People are thinking more carefully about taking two years off work to complete an MBA.
  • Students are not interested in learning about business in isolation. For example at Oxford Said Business School 6% of their 200 students are on their 1 + 1 MBA programme which combines the in-depth study of a specialist masters degree with the breath of a one year MBA.
  • Contacts made through MBA Alumni networks are important for opening doors to the future and networking is often an important factor when decided to study for an MBA.
  • The inclusion of trips immersing students in other cultures are now a key part of an MBA. The FT has teamed up with the Global Fund for Children (GFC) and created a challenge for teams of students where there is an intenational mix i.e. One student has to be studying in Europe, a second in the Americas and a third in Asia and Africa. See link below.

If you are an expat studying for a PhD or an MBA, we, and our partners can help you

* Obtain a Tier 1 Exceptional Talent visa.

or

* Find an employer able to employ you on a Tier 2 (general) work visa.

Call Commonwealth Contractors on 0800 294 4388 or Submit your details now and we will get right back to you. We are ready to help smooth the path to your future.

FT Links: FT Education and FT and Global Fund for Children MBA 2013 Challenge

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Tier 1 Entrepreneur – Setting up a Contract / Consulting Business with £50k of Capital (Turnkey Solution)

Would you like to apply for a Tier 1 Entrepreneur Visa? Do you have £50,000 and a viable business plan? If so Commonwealth Contractors may be able! (more…)

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SA Cricketer forces UKBA to change Tier 1 Entrepreneur Visa Rules

Change to Tier 1 Entrepreneur Visa Rules

Mr Wessels, who is the son of former Australia and South Africa batsman Kepler Wessels, has signed a two year contract with Nottinghamshire Cricket Club last week however the move prompted the England & Wales Cricket Board to contact the UK Border Agency to express concerns. Last week Damian Green, the Conservative Immigration Minister said that the Home Office had “changed the rules to prevent it from happening again. Sports people are no longer eligible for entrepreneur visas and have to apply through the appropriate routes, through the points-based system.\”

The move to change the Tier 1 Entrepreneur category comes at a time when the Government is tightening up the UK Immigration system and making it far harder for highly skilled workers to come to the UK and employers to sponsor them. Two weeks ago the Coalition Government introduced the UK’s first permanent Immigration Cap with the number of applicants allowed under Tier 2 General capped at 20,700 people in the next year (April to April). The scheme follows on from the Interim Immigration Cap which saw each individual sponsors Certificates of Sponsorship allocation limited, with new sponsors given a zero allocation.

Under the new system employers will only be able to bring in 20,700 skilled or highly skilled people from outside of the European Union under Tier 2 (General) with a further 1,000 visas available for people of exceptional talent (e.g. Nobel Prize winners etc) under Tier 1.

Speaking on the introduction of the scheme the Immigration Minister, Damian Green, said that \’The annual limit will not only help reduce immigration down to sustainable levels but will protect those businesses and institutions that are vital to our economy. The new system was designed in consultation with business. We have made clear that as the recovery continues, we need employers to look first to people who are out of work and who are already in this country. We are overhauling all routes of entry to tackle abuses, make the system more effective and bring net migration back down to the tens of thousands.\’

Commonwealth Contractors

Commonwealth Contractors is a collection of highly skilled professionals from the Commonwealth and beyond. We partner with OISC Registered Immigration Partners capable of professionally representing a Tier 1 Visa Application / Extension and Tier 2 Licensed Consultancy & Associated Trust Partners who may be prepared, where required, to sponsor a doctor on a Tier 2 Visa (formerly UK Work Permit). Commonwealth Contractors also provides updates on UK Immigration News.

To find out more call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get back to you. Please be prepared to send a copy of a recent CV so that we can pass to interested partners.

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