Investors
The 1994 rules created the category of 'investors', people who have at least £1 million of their own and disposable in the UK and who intend to bring this money to the UK and invest at least £750,000 of it in UK government bonds or UK businesses which are not mainly engaged in property investment or in government bonds in the UK, and who intend to make the UK their main home. Investment in businesses may be buying shares or granting business loans. They are not allowed to take employment, but may be self-employed. They need entry clearance and, like business people, may be admitted for 12 months initially and then be given an extension for three years and settlement at the end of that time if they still meet all the requirements of this rule. The spouse and children under 18 will be granted entry clearance to join an investor and be given extensions and settlement in line with him or her.
Michael Reason LLM, April 2000.
http://www.michael-reason.com
References
JCWI Immigration nationality & refugee handbook 1999 edition
Butterworths Immigration Law Handbook |