The Tier 1 Entrepreneur Visa is the main legal door for entrepreneurs from around the world to start a business to the UK.
It aims to offer a red carpet for global entrepreneurs to build a business and spark innovation and growth in the British economy.
Although the scheme has seen a great take up, the UK home Office has recently started tightening the screws due to alleged abuses. This situation translated into an increase in applicant scrutiny leading to a refusal rate growing up to 50% – (Home Office, Immigration statistics quarterly release 2013).
In addition to a more stringent scrutiny, the Home Office requires from applicant to present a business plan as well as take a genuine entrepreneur test.
But how can an entrepreneur prove that his enterprise is genuine? How is the credibility of a business plan assessed? What are documents should be presented? In other words, what is a successful application according to the Home Office?
These are few of the questions we asked our immigration expert during our last webinar: