Tier 1 (Investor) Category Set For Expensive Changes In 2014

Since its introduction in 1994, the Tier 1 (Investor) category has been a fundamental means of attracting high-net-worth individuals to invest in the UK.

Following the recommendations from the Migration Advisory Committee – an independent public body consisting of economists and migration experts – a number of significant changes are set to come into force later this year in relation to the investor category.

The rich and wealthy currently considering whether to invest in the UK in exchange for migrant status leading to settlement and British citizenship should think hard and fast. Delaying the decision could be a very costly price to pay as the new investor rules will require applicants to have £2 million.