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Investors

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Points assessment for extension applications

This page explains the points we award for extension applications under the investor category (Tier 1 Investor) of the points-based system to come to the United Kingdom.

Full details of all requirements are in the immigration rules at paragraphs 245 0-U of part 6a and Appendix A, which you can find on the right of this page. You must read the policy guidance before you apply under this category. You can download the guidance and application form from the Applying section.

How many points you must score to apply

Points are awarded for the following categories, which are known as attributes:

  • have £1,000,000 in the United Kingdom;
  • invested £750,000; and
  • invested within three months.

You will need a total of 75 points to be able to apply.

The points available are:

Attributes Points available

EITHER

You have money of your own held in a regulated financial institution and disposable in the United Kingdom amounting to no less than £1,000,000.

OR

You:

  • own personal assets which, taking into account any liabilities you have, have a value exceeding £2,000,000; and
  • have money under your control and disposable in the United Kingdom amounting to no less than £1,000,000, which has been loaned to you by a financial institution regulated by the Financial Services Authority.
 30
You have invested not less than £750,000 of your capital in the United Kingdom by way of United Kingdom Government bonds, share capital or loan capital in active and trading United Kingdom registered companies, other than those principally engaged in property investment. 30

EITHER

You made the investment referred to above within three months of:

  • your date of entry to the United Kingdom (if you were granted entry clearance as a Tier 1 Investor and there is evidence to establish your date of entry to the United Kingdom); or
  • the date when you were granted entry clearance as a Tier 1 Investor (if there is no evidence to establish your date of entry to the United Kingdom); or
  • the date when you were first granted leave to remain as a Tier 1 Investor (in any other case)

and the level of investment has been maintained for the whole of the remaining period of your premission to stay.

OR

Your previous entry clearance, leave to enter or leave to remain was granted under the former Investor category.

 15


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Have £1,000,000 in the United Kingdom

You will score 30 points if you can show that you have £1,000,000 or more in the United Kingdom. This should consist of money invested here and any further money needed to bring the total money to at least £1,000,000.

This is a requirement if you have:

  • borrowed your investment money;
  • used your own money; or
  • used joint money for the initial application.

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Invested £750,000

There are restrictions on the type of investment we will consider as part of the qualifying sum of £1,000,000. This is so that money is invested in ways that help to stimulate growth in the United Kingdom as directly as possible.

You will score 30 points if you can show you have invested not less than £750,000 of your capital in the United Kingdom in United Kingdom Government bonds, share capital or loan capital in active and trading companies that are registered in the United Kingdom.

The £750,000 must not be invested in companies mainly engaged in property investment, property management or property development.

Investment in share or loan capital in active and trading companies that are registered in the United Kingdom can include investment held in foreign currencies.

If your previous permission to stay was granted under the former Investor category, you are not subject to all of these restrictions. Annex A of the policy guidance, which you can find in the Applying section, gives more information on the restrictions that do apply to you.

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Invested within three months

You will score 15 points if you can show that you invested at least the required £750,000 within three months (13 weeks) of your 'investor start date'. The investor start date is:

  • your date of entry to the United Kingdom (if you were granted entry clearance as a Tier 1 Investor and there is evidence to establish your date of entry to the United Kingdom); or
  • the date when you were granted entry clearance as a Tier 1 Investor (if there is no evidence to establish your date of entry to the United Kingdom); or
  • the date when you were first granted leave to remain as a Tier 1 Investor (in any other case).

If you did not make the investment within three months, you will not score any points and any remaining leave may be curtailed.

We will also accept investments made in the 12 months before your first date of application for permission to stay as a Tier 1 Investor. If you first applied from within the United Kingdom, your date of application was the date when you posted the application form or (if you sent it by courier) the date when it was delivered to the UK Border Agency. If you applied from outside the UK, your date of application was the date when you paid your application fee and your biometric details were taken.

You must also show that the minimum investment of £750,000 was maintained at that level throughout the period of your permission to stay (from the date that you made the investment). You do not have to have kept the same investment(s) that you made when you entered this category, but you must have kept the same level of investment.

If the value of any investment in stocks or shareholdings is reduced by changes in share prices, it must be corrected by the next reporting period, so that the overall value of these investments has been maintained throughout your permission to stay.

The requirement to have made the investment within three months does not apply if your previous permission to stay was granted under the former Investor category. As long as you have made the investment before applying to extend your permission to stay, you will score the 15 points.

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