UK CITIZENSHIP PROGRAMME

INTRODUCTION

The UK Citizenship programme is attractive to those that want to live in the United Kingdom and enjoy all that this great nation and passport has to offer.  The UK Citizenship programme is fairly expensive compared to some of our other programmes, but then comparatively inexpensive when compared to some other EU programmes that we feel are too expensive to even market. The UK passport is known as one of the most attractive available.

The UK Citizenship Immigrant Investor Programme was created in 1994 to attract high net worth individuals and their families to immigrate to the UK. In order to do so, applicants must make a substantial investment in the UK.

The UK Citizenship Immigrant Investor Programme has two investment options:

The Full Cash Option requires applicants to have £2 million under their control in the UK, and to invest this full amount in the UK by way of UK Government bonds, share capital or loan capital, in active and trading UK registered companies (other than those principally engaged in property investment and excluding deposits with a bank, building society or other enterprise whose normal course of business includes the acceptance of deposits).

The above investment amount generally amounts to a "stay for settlement" (ILR) time frame of 5 years. In 2011 allowance was introduced to speed up the application process through increased capital commitments of £5 million (3 years ILR) and £10 million (2 years ILR).

The Financed Option requires the applicant to have personal assets exceeding £2 million as well as  £2 million under their control in the UK.  This may include money loaned to you provided that a financial institution, regulated by the UK Financial Services Authority, loans it.

The UK Citizenship Investor programme is designed to allow investors to enter the UK on an initial 3-year visa. If applicants have met the criteria, they can extend their stay by another 2 years, giving themselves a total of 5 years of legal residency.

Remaining criteria include being financially independent (applicant and any dependants) without taking employment (other than self employment or business) and to make the UK your primary residence with the commitment of spending 50% of the year in the UK.

Benefits, amongst other, include an attractive tax regime for high net worth individuals classed as “UK residents, non-domiciles”, as well as the security of a UK Citizenship and UK passport and the ease of travel associated with it.

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