UK Tier 1 Investor Visa Regulations Annulled Gilts as Valid Investment
The government have made a important changes to the Tier 1 (Investor) visa in the form of an application and transferal deadline. Investors with a UK Tier 1 Visa who invested in government bonds before the 30th of March 2019 must move their investment to other investments by April the 6th 2023, if they wish to continue extending their visa.
The following notable announcements have been declared:
- Gilts will no longer count as qualifying investments for applications. Gilts or Gilt-edged securities are old fashioned style bonds issued by the UK Government.
- Investors who applied for a Tier 1 visa under the rules in place before November 2014 must extend until April 6th 2020.
- Additionally, all investors should apply for indefinite leave to remain before the 6th of April next year.