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HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private...

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HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION JOURNEY Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk
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Page 1: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION JOURNEY

Hateem AliHead of Corporate & Private ImmigrationHead of Middle East Desk

Page 2: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

DRIVERS OF HIGH VALUE MIGRATION

2

1

2

3 Geopolitical factors

4 Family

5 Education

7 Being confident in languages

A person’s decision on where to migrate canbe influenced by a wide range of factors

Economic performance and opportunities in home countries

compared to potential destination countries

Social & Cultural factors such as friends and family who have

had migration experiences or who currently live abroad6

Page 3: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

HNW MIGRANT ECOSYSTEM

3

MIGRANT

PROPERTYResidential

Commercial

Design &

Architectural

Services

ACCOUNTINGCompany Accounts

Companies House

Payroll & VAT

Business Plans

HMRC

BUSINESSInvestment

Advisory/FDIBroking

Marketing

Recruitment

WEALTHMANAGEMENTPre-arrival Advice

Investment

Management

Estate

Planning

BANKINGPrivate

Retail

Commercial

EDUCATIONSchool Admissions

University Admission

Private tuition

INSURANCEMedical

Business

Life

LEGALImmigration

Shareholders &

Loan Agreements

Litigation

Private Client

Page 4: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

TIER 1 ENTREPRENEUR (MIGRANT)

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Access to at least £200,000 or equivalent.

Satisfy the “Genuine Entrepreneur” Test

Provide a credible business plan

Once visa is granted invest a minimum of

£200,000 in either an existing UK business

and/or migrant establishes their own business

Create two new or additional full-time

jobs within the business

Page 5: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

NEW “INNOVATOR” CATEGORY

5

Innovator route which will replace the current Tier 1 (Entrepreneur) category

The route will be open to experienced business people

Application will also require endorsement by a business sponsor, who will assess the

applicant's business ideas for their innovation, viability and scalability

No real indication as to the level of investment required but unlikely to be less than

£200,000

In relation to these routes, it will be fascinating to see which "businesses" will be permitted

to act as sponsors and what criteria they will apply when considering whether to endorse

applicants but the title “Innovator” is indicative

Page 6: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

START-UP VISA

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The new Start-Up visa route launching Spring 2019,

replacing the existing Tier 1 (Graduate Entrepreneur)

route

This will enable all business people, not just

recent graduates, to apply for a visa following endorsement by a

university or an approved business sponsor

It is anticipated that there will be a range of

accelerators, incubators and angel investment groups involved in this

process

Page 7: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

TIER 1 (INVESTOR) MIGRANT

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Category is for High-Net-Worth individuals that wish to make a financial investment in the UK without having to establish or operate a business

Provenance of funds & criminal records check required

Once the visa is granted £2 million needs to be invested within 3 months in active and trading UK registered companies Typically, a portfolio of investments will suffice

Access to the equivalent of £2 million GBP under the control of the migrant

Page 8: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

ANTICIPATED CHANGES TO TIER 1 (INVESTOR) CATEGORY

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Outsourced duediligence process

Financial background of the applicant to be assessed more

rigorously

Applicants will required to provide evidence of “control” of funds for 2

years prior to the application

Applicants will not be able to invest in government bonds and

must invest in active and trading UK companies

Page 9: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

CASE STUDIES OPPORTUNITIES FOR COLLABORATIVE WORKING

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Case Study 1 Case Study 2 Case Study 3

“Passion intoBusiness"

“In and out ofTrouble"

“I need helpwith everything"

Page 10: HOW TO GENERATE BUSINESS FROM THE UK IMMIGRATION … · Hateem Ali Head of Corporate & Private Immigration Head of Middle East Desk . DRIVERS OF HIGH VALUE MIGRATION 2 1 2 3 Geopolitical

Q&A

Please feel free to ask me anything.

Hateem AliHead of Corporate & Private Immigration

Head of Middle East Desk

THANK YOU FOR COMING

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