Entrepreneurs and members of their families had the opportunity to obtain United Kingdom citizenship by first applying for a Tier1 (Investor) visa. And then the passport of a British citizen. In February 2022, the Tier 1 program was completely frozen due to suspicions of abuse and financial fraud.
However, experts believe it is time to modernize and bring back the popular migration route. Many point out that the closure of the UK investor visa has hurt the UK economy. The program can be restarted, but with the necessary mechanisms to ensure that all necessary due diligence checks are met.
With regard to the screening of candidates, the example should be taken from the countries of the Caribbean region. These are the pioneers of the citizenship by investment industry, such as Saint Kitts and Nevis. In these countries, CIPs have been operating for almost 40 years, and inspections are carried out in a very strict and organized manner.
It is also possible that the Caribbean experience of non-refundable investments (donations) will be adopted, when the applicant is offered to contribute a certain amount to the state fund for economic development.
It remains to wait until the details of this reform become known. However, the Tier 1 program, the UK Investor Visa, has been, and will continue to be, very expensive and will definitely require residency in the UK.
Whereas, if you are interested in visa-free entry, you can choose one of the programs of the Caribbean region (for example, citizenship of Grenada) and get the opportunity to stay in the UK without a visa 180 days a year.
Apex Capital Partners specialists of the company will provide professional legal support, consult at all stages, while Tier1 (Investor) visa is being processed. And therefore, they will prepare all the necessary documents.
– Visa-free travel to more than 170 countries– Advantageous tax regime for high-net-worth investors– English proficiency for visa applicants not required
– Mandatory investment– Proof of the source of invested funds– UK residency required for 185 days per year (minimum)
Applicants who invest GBP 2 million may apply for ILR* within 5 years
Applicants who invest GBP 5 million may apply for ILR* within 3 years
Applicants who invest GPB 10 million may apply for ILR* within 2 years
Please note that mandatory government fees will be added to the declared investment amounts. As well as legal support services. Request a cost calculation from APEX.
There’s no shortage of business opportunities for the second passport as a British citizen. The nation currently ranks as the #5 economy in the world. Some of the largest growing industries include mineral fuels and oil, nuclear reactors and part, automotive, pharmaceuticals and electric appliances.
The service sector has also been growing at a rapid pace, led by financial services, UK entertainment (TV shows), education, and transportation services.
As a nation, the public is well-educated and highly skilled, being home to some of the world’s top universities, such as Cambridge, Oxford and St. Andrews. Prior to entering these universities, 91% of students in the UK graduate from high school.
Getting a United Kingdom citizenship will enable you to enjoy the public-school system which is free. Additionally, there are countless private school options to choose from.
The housing market in the UK has been surging since 2016, with the average home rising just over 5%. The average home cost is now £242,415 ($310,000 USD), but real estate investors wouldn’t find this to be a hotspot for rental income, which sits at a poor 3%. Of course, location can play a large role in both price and rental yield. Prices in the capital of London are much higher than in smaller neighboring cities.
We don’t recommend obtaining a United Kingdom passport if you’re looking to invest in lots of real estate; there are many better second passport options out there.
The healthcare system in the UK is divided amongst its territories, meaning England, Northern Ireland, Scotland and Wales each have their own system of public-funded healthcare, each with its own rules and regulations.
Simply put, those with United Kingdom citizenship benefit from some of the best healthcare in the world, ranking at the top for quality of care, access to care, efficiency and equity.
Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and St. Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.
Apex Capital Partners has experience in the real estate market. This allows you to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
Apex Capital Partners Corp. is a full-service government mandated advisory firm specializing in second citizenship and investor immigration programs for a multinational clientele.
APEX provides services with end-to-end execution for many HNWI, representing them to Citizenship by investment programs in countries around the world.
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