There is no education and business requirements for UK Tier 1 Entrepreneur visa. By holding the UK Tier 1 Entrepreneur visa, you can start your own business in UK and get your UK citizenship (passport) after 6 years if you fulfill all the business and living requirements.
You must be 18 years old or above.
You need to do business in UK by investing minimum £200,000. You can start up a new business, buy an existing business or purchase a franchise business in UK.
You need to put your investment in cash in the bank for 3 months prior to your application.
You need to take IELTS English exam and score a minimum band score of 4.0.
General Application Process
Step 1: Put your £200,000 investment funds in cash in the bank for 3 months before application and take IELTS English exam.
Step 2: Prepare all the required documents.
Step 3: Visa lodgement.
Step 4: Do tuberculosis test (TB test) and get the no criminal record certificate.
Step 5: Visa Grant.
Requirements for your extension after 3 years
You need to start doing your business within 6 months after you landed in UK.
You need to employ at least 2 full-time employees who are UK permanent resident or UK citizen for at least 12 months each.
You must daily manage your own business.
You need to live in UK for 185 days or more per year.
It is FAST. You can get your UK Investor visa in 6 months.
After subscribing to the UK National Health System (NHS), you can be fully protected by the local health care system.
The investment amount is relatively low.