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China, Hong Kong and the USA lead in numbers of UK Tier 1 Investor Visa applications

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Officials of Great Britain processed 64 Tier 1 Investor Visa applications in Q4 2020. Investors from Hong Kong got 10 visas and topped the list of countries with the biggest number of successful applications. China comes second with 9 Tier 1 Investor visas. 

Investors from the USA claimed 6 successful visa applications and Russian citizens got 5 visas. 

 

Overall number of processed applications is significantly lower than in Q3, but at the same level as in Q4 2019. In the third quarter of 2020 British officials have processed more than 100 applications, but they had to deal with a significant number of backlog applications due to pause in immigration system during the first lockdown in the United Kingdom. 

 

Indian citizens, unfortunately, got 6 refusals for their applications for Tier 1 Investor Visa in the fourth quarter of 2020, more than citizens of any other country. The Office of National Statistics doesn't disclose the exact reasons for refusals. 

 

The overall number of approved applications for Tier 1 Investor Visas in the UK fell in 2020 to 216 main applicants from 360 in 2019.  

 

Astons recommends investors to seek professional support with their applications for Tier 1 Investor Visas, as this process sometimes can be frustrating and challenging. British investor visa program has one of the strictest requirements for due diligence checks and origins of capital. 

 

Astons is a leading global immigration advisory firm with offices in London, Beijing, Moscow, Dubai and Limassol (Republic of Cyprus) and offers residency & citizenship investment solutions worldwide including UKTurkeyVanuatuEU & the Caribbean.

 

For further information or to discuss your personal circumstances in a private consultation, please contact Astons at info@astons.com or call +44 207 292 2977