(PRWEB UK) 2 April 2014
The government’s investor visa programme is enabling wealthy migrants to live and settle in the UK after investing £1m and above into the economy. This visa route is a positive step by the government as it provides people from countries such as China, India, Russia and the Middle East to come and live in the UK according to E&S Consultancy. It is also beneficial for the UK economy, especially London’s economy, as wealthy migrants spend money on goods and services.
Recent reports on the benefits of wealthy migrants have shown that foreign investment in the property sector and in various other industries by migrants has given a substantial boost to London’s economy. This along with the fact that the number of investor visas has doubled in the last year shows the government is serious about attracting foreign investment into the country.*
“This is great news for the economy and for wealthy migrants. Even though the immigration debate rages on in the media and in political circles, recent reports show that the benefits derived from the investor visa programme are huge,” said Elshad Huseynov, founder of E&S Consultancy.
Not only are rich investors who migrate to the UK boosting the local economy but they are creating jobs as well. Huge development projects such as the Battersea Power Station regeneration which is being funded by a Malaysian consortium, will transform the landscape and bring much needed housing to the capital.
The most popular immigration route that is taken by rich migrants is the tier 1 investor visa. This point based system assesses people’s abilities to invest £1m, £5m or £10m into the UK economy through either government bonds or directly into existing British businesses. After a period of consecutive stay in the country of 2, 3 or 5 years the applicant becomes eligible for British citizenship.
“Our clients using the tier 1 investor visa have found the process quick and easy. After the prime minister’s trade delegation to China last year, there has been a big push to attract foreign investment into the UK. With the benefits shown coming from wealthy migrants, it will be interesting to see what further incentives the government will provide,” continued Huseynov.
About E&S Consultancy
E & S Consultancy (UK) Ltd provides UK immigration services and advice in all aspects of UK Immigration and second citizenship by Investment. The areas it works in are investor visa, entrepreneur visa, tier 1 (general), investor visa extension, entrepreneur visa extension, permanent residence, indefinite leave to remain, British citizenship, naturalisation, HSMP extension, tier 1 (post study worker), tier 2 (general), tier 2 (intra company transfer), certificate of sponsorship, work permit, work permit extension, points based system, student visa, family visa, marriage visa, unmarried partner visa and EEA visa.
Besides all these services the company also offers a fast track immigration application service using the UK Border Agency’s premium services / one day or super premium services and obtain the visa in 1 working day.
*http://esconsultancy.co.uk/news. The statistics were obtained by E&S Consultancy (UK) Limited via email communication with the UK Border Agency under the Freedom of Information Act 2000.