The United Kingdom is known for its world class infrastructure, astounding education system, top-notch medical facilities and thousands of business opportunities. Career oriented people from various parts of the world are always looking for an opportunity to establish or expand their business in this dynamic country. However, it is not that easy to enter this country and obtain citizenship. The UK government is very particular about their rules and regulations and it is necessary to follow all of them if you want citizenship through investment in the UK. This country offers certain types of visa including a self employed visa to enter the UK and start your journey of citizenship. Let’s uncover the requirements and steps to become a resident of this country through the investment pathway.
Correlation Between Investment & UK Citizenship
If you are also someone looking forward to settling down in the United Kingdom, investment in the UK business market can be a great option to explore. Settlement in the United Kingdom requires to have a citizenship and citizenship requires to stay in the country for more than five years. It’s evident that both of them are correlated, you will have to invest in the UK to get citizenship. In this regard a self employed visa which is widely known as self-sponsorship can help you tremendously.
How a Self Employed Visa Can Help To Obtain UK Citizenship?
Now you must be wondering how a self-sponsor route or self-employed visa can streamline the path of citizenship through investment. Well, you must know that self-sponsorship is not actually a visa but a route that helps business professionals to enter the country without an endorsing body or a sponsor. Surprised to know? That’s true this route allows you to become your own sponsor through your own business. It doesn’t require a heavy amount to invest but a soil business idea that can guarantee a successful business. Let’s see how this visa route works.
To obtain this visa route you will be required to establish a small or big business in the UK. It should be registered as a sole trader or a Ltd. company and you must follow the rules and regulations of the UK government.
After establishing your own company in the United Kingdom it is essential to obtain a sponsor licence. This allows you to sponsor yourself on the behalf of your company. This licence is also essential for the future prospective if you want to hire international employees for your business.
The next step will be applying for a genuine visa route. You can apply for innovator founder visa, skilled worker visa and start-up visa to enter this country. You can visit the official website of the UK government and apply for a suitable visa route that can allow you to stay in the country for four years.
Once you successfully run your business for the period of four years you can apply for ILR (Indefinite leave to remain). After obtaining an ILR you can apply for UK citizenship.