Extend Your UK Tier 1 Investor Visa

If you are seeking an extension of a Tier 1 Investor visa, look no further than Cranbrook Legal. We are award-winning and experienced immigration solicitors in London, who can advise and assist when you apply to extend your visa.

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UK Tier 1 Investor Visa Extensions

If your existing UK Tier 1 Investor visa is about to expire, you must apply to extend it before it expires, to ensure you are still legally entitled to remain in the UK.

This underlines the importance of making your application with the help of capable solicitors to maximise your chances of a successful application. Cranbrook Legal’s central London-based SRA regulated solicitors possess considerable knowhow and experience in Investor visas, and can project manage your case to help ensure a positive outcome.

Our Tier 1 Investor visa extension lawyers aren’t just experts in all aspects of UK immigration law – we also know what it takes to stay compliant with the requirements of this visa. This can include working alongside your Wealth Manager to ensure your investment complies with UK immigration rules.

Make an enquiry now about our fixed fee service, and to discuss how we can help you with your case.

Recent UK Investor Visa Success Stories

How can you help me extend my Tier 1 UK Investor Visa?

Our Tier 1 Investor visa extension solicitors in central London provide the complete start-to-finish service for holders of this visa who wish to extend it.

We have the expertise to advise and guide you on the UK Tier 1 Investor visa extension requirements that apply in your situation. We also work closely with the Wealth Managers of many of our clients to help them achieve continued compliance.

In addition, we work on the basis of a fixed fee that we will agree with you at the outset of your case, so that you have financial uncertainty and are not left worrying about any hidden charges or costs. For more information, please call 0208 215 0053.

How do I apply for a Tier 1 UK Investor Visa extension?

Whether you are inside or outside the UK at the time of your application to extend your Tier 1 Investor visa, you are required to apply online.

Different rules apply to those who successfully applied for their visa before 6 November 2014, and those who successfully applied for their visa on or after 6 November 2014.

If you successfully applied for your visa before 6 November 2014, you can apply to extend your visa as long as you:

  • Have a minimum of £1,000,000 under your control in the UK
  • Have invested a minimum of £750,000 (or 75%) of that in UK government bonds, share capital or loan capital in active UK companies
  • Invested this amount within three months of your ‘investor start date’

With regard to the funds under your control in the UK, this sum should include the at least £750,000 of investment, together with £250,000 (or whatever balance is needed) to bring the total up to a minimum of £1,000,000.

These funds can be either of the following:

  • Your own money, or money belonging to your partner
  • Money that a UK-regulated financial institution has loaned to you, provided that you have personal assets with a value of no less than £2,000,000

You are not allowed to mix the two above sources of funds.

As for holders of the visa who made a successful application for their initial visa on or after 6 November 2014, they can apply to extend their visa if they:

  • Have a minimum of £2,000,000 under their control in the UK
  • Have invested these funds in share capital or loan capital in active UK companies
  • Invested this amount within three months of their ‘investor start date’

If you were granted your initial Tier 1 Investor visa before 29 March 2019, you will also have the option of applying to extend your visa if you invested your funds in UK government bonds.

In relation to the funds under your control in the UK, if you applied successfully for your initial visa on or after 6 November 2014, you are required to have invested the full amount made up of your own money or money belonging to your partner.

With regard to the investments you make within three months of your ‘investor start date’, you will be expected to provide a series of investment portfolio reports from a UK-regulated financial institution, showing the following:

  • You have invested a minimum of £750,000 in UK government bonds or UK business within three months of your investor start date (if you first obtained your visa under the Immigration Rules in force prior to 6 November 2014)
  • You invested the entire £2,000,000 (if you first obtained your visa under the Immigration Rules in force on or after 6 November 2014

You have maintained this level of investment for the entirety of your visa

When can I apply for a Tier 1 Investor Visa Extension?

Although you can apply for a Tier 1 Investor visa extension in the UK at any time before your leave expires, we would advise you to apply at least a month before the expiry of your visa, but not much earlier than this. Applying for an extension significantly sooner than this runs the risk of a shortfall in your leave if you eventually apply to settle in the UK (otherwise known as Indefinite Leave to Remain, or ILR).

This is due to the Home Office’s policy of granting extensions to Tier 1 Investor visas for two years from the date they make the decision, rather than the date the visa holder’s present leave expires. This would mean you needing to apply for an additional extension to your visa before you would become eligible to settle in the UK.

If your dependants – such as a husband, wife or children – are with you in the UK on the Tier 1 Investor visa, and their own visas expire at the same time, applications will also need to be lodged for them if they are to retain their right to stay in the UK.

Please note that while you wait for your decision, you will be legally in the UK, provided that you applied before the expiry of your current leave.

If you are unsure as to the appropriate timing for a UK Investor visa extension application, please don’t hesitate to talk to our immigration lawyers.

How long will it take the Home Office to make a decision?

If you use the standard service of UK Visas & Immigration (UKVI) to apply for an extension of yourTier 1 Investor visa, you can usually expect to be notified of a decision within eight weeks of applying.

However, a priority service is also available when applying for a Tier 1 Investor visa renewal; the charge for this is an additional £500. If you apply for an extension through this service, you can usually expect to be told of a decision within five working days of your appointment with UK Visa and Citizenship Application Services (UKVCAS).

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Can I travel while the Application is pending?

You can apply for your Tier 1 Investor extension visa while travelling, including abroad. You will still be legally permitted to stay in the UK for as long as the decision on your visa application is pending, as long you applied before the expiry of your visa.

Please note, however, that if you are accompanied by dependants, including while travelling, you will need to apply separately for them.

The Home Office advises applicants not to travel outside of the Common Travel Area of the UK, Crown Dependencies and Ireland while it is still in the process of deciding on their Tier 1 Investor visa renewal application.

When an applicant asks the Home Office to give their passport back to enable them to travel before a decision is reached on their application, their application will be treated as being withdrawn in accordance with Paragraph 34J of the Immigration Rules.

Why Choose Us For Your Investor Visa UK Extensions?

We Are Dedicated

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Contact our Immigration Solicitors In London on 0208 215 0053 or
via info@cranbrooklegal.com to make your enquiry.

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Investor Visa UK Extension Frequently Asked Questions

1. Do I need to invest further money for the Tier 1 Investor Extension Application?

The principle behind theTier 1 Investor visa requirements is that you are required to invest £2,000,000 or more in the UK, and must then maintain that investment.

Holders of this visa who successfully applied for their visa before 6 November 2014 will be allowed to apply to extend their visa, as long as they have no less than £1,000,000 under their control in the UK, and have invested a minimum of £750,000 (or 75%) of it in UK government bonds, share capital or loan capital in active UK companies.

This sum must also have been invested within three months of your ‘investor start date’. This date is the date you arrived in the UK if you have proof of this, or – if you are unable to prove your date of entry into the UK – the date the Home Office approved your original visa application or switch from a different category of visa.

Staying on the subject of those who made a successful application for a Tier 1 Investor visa before 6 November 2014, if this is your situation, the funds under your control in the UK will need to include the at least £750,000 of investment, as well as the £250,000, or whatever balance is required to bring the total up to a minimum of £1,000,000.

This money can be sourced from funds belonging to you or your partner. The funds can also be obtained from money that a UK-regulated financial institution may have loaned to you, as long as you have personal assets amounting to at least £2,000,000 in value. You are not, however, permitted to mix these two categories of funds.

As for if you made a successful application for a Tier 1 Investor visa on or after 6 November 2014, you will be permitted to apply to extend your visa as long as you have no less than £2,000,000 under your control in the UK, you have invested these funds in share capital or loan capital in active UK companies, and you have invested this sum within three months of your ‘investor start date’.

Successful applicants for this visa prior to 29 March 2019 can also apply for a Tier 1 Investor visa extension if they invested their funds in UK government bonds.

For all applications for a UK Investor visa extension, you are permitted to withdraw the interest and dividend payments that the qualifying investments in your portfolio generate, as long as you maintain the qualifying investments themselves.

Fees, such as those institutions might charge for managing your portfolio, as well as transaction costs and tax incurred through the buying and selling of investments, are not allowed to be paid for from the investment funds for which you are scoring points.

If, however, you have invested more than the amount of investment required, you are permitted to pay the fees, transaction costs and tax mentioned above from the surplus investment. This is subject to the surplus investment having been made before, or at the same time as the fees, transaction costs and tax were incurred.

For more information and advice from our lawyers, please call 0208 215 0053.

The fee for applying for an extension of your Tier 1 Investor visa is the same as the fee for applying for a new Tier 1 Investor visa or switching visa; £1,623. This is also the fee that must be paid by those applying as family members.

In addition, those applying to extend a Tier 1 Investor visa need to pay £100-£200 to have their biometric information – including fingerprints and a photo – taken. They must also pay the healthcare surcharge; you can calculate how much you will be required to pay through the GOV.UK website.

If you decide to request the priority service in order to receive a decision on your UK Investor visa extension application within five working days, this will cost an extra £500.

With regard to legal costs, we will agree a fixed fee for our service at the beginning of our relationship with you. You will then not need to pay any further charges until your case has been resolved, thereby giving you financial certainty.

You can apply to extend your Tier 1 Investor visa whether you are currently inside or outside the UK. Please note, however, that separate applications will be needed for any dependants accompanying you. Whether you are inside or outside the UK, you must apply online to extend your visa.

Ask our Tier 1 Investor visa extension lawyers for advice and guidance in relation to the preparation of your application, so that you can be sure of complying with Home Office requirements.

The UK Tier 1 Investor visa provides a route for many holders of this visa to eventually settle in the UK. The period of time you must wait before you will be permitted to apply for Indefinite Leave to Remain (ILR) depends on the level of your investment.

Holders of this visa who invest £2 million can apply for ILR after two years. If you invest £5 million, you will have the right to apply to settle in the UK after just three years. Finally, investing £10 million will mean you are entitled to apply to settle after two years. Contact us now to learn more about the UK Investor visa ILR requirements and process.

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