Tier 1 (Investor)
Investment
This page explains what proof of your investment you should provide to support your extension application to the investor category (Tier 1 Investor) under the points-based system to remain the United Kingdom.
On this page
Full details of all requirements are in the immigration rules at paragraphs 245 O-U of part 6a and Appendix A, which you can find on the right of this page. You must read the policy guidance before you apply under this category. You can download the guidance and application form from the Applying section.
Portfolio report produced by authorised financial institution
The portfolio must:
- cover the required period of your permission to stay in this category. This period begins no later than 13 weeks after the date you receive permission to enter the category (as shown on the documents giving approval to enter the category). This may not be the date that you travelled to the United Kingdom;
- continue to the last reporting date of the most recent quarter of the year directly before the date of the application for an extension;
- include the value of the investments;
- show that any shortfall in investments was made up by the next reporting period. For example, if the investments are shown to have fallen in value in the February report in a year, and the investments have a quarterly reporting period, the value has been made up by the June report;
- show the dates that the investments were made;
- show where the investments were made, which should be United Kingdom companies;
- (for investments made as loan money only) include audited accounts or unaudited accounts with an accountant?s certificate for investments made as loan money to companies, which must give the full details of your investment;
- show the name and contact details of the financial institution that has certified the portfolio as correct, and confirmation that this institution is regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), which normally appears on the letterhead of all official documentation;
- show that the investments were made in your name or that of you and your partner and not in the name of an offshore company or trust even if this is wholly owned by you;
- include the date that the portfolio was certified by the financial institution; and
- state that the institution will confirm the content of the letter to us if we ask.
Portfolio report that you have produced
If your initial grant of leave was made under the former investor category and you manage your own investments, or have a portfolio manager who does not operate in the United Kingdom and is therefore not regulated by the FCA/PRA, you must provide documentary evidence of your holdings used to claim points.
You must provide the following documents, as relevant to the type of your investment:
- certified copies of bond documents showing the value of the bonds, the date of purchase and the owner; or
- share documents showing the value of the shares, the date of purchase and the owner; or
- the latest audited annual accounts of the organisation in which the investment has been made.
The accounts above must clearly show:
- the amount of money held in the investments;
- your name (or your and your partner?s name); and
- the date of investment.
If the organisation is not required to produce accounts, you can send a certificate from an accountant. The certificate must show the amount of money held in the investments.
The accountant must be a member of one of the following:
- the Institute of Chartered Accountants in England and Wales (ICAEW);
- the Institute of Chartered Accountants in Scotland (ICAS);
- the Institute of Chartered Accountants in Ireland (ICAI);
- the Association of Chartered Certified Accountants (ACCA);
- or the Association of Authorised Public Accountants (AAPA).
Terms explained
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Certified copies
Duplicates of original documents, certified as exact reproductions, usually by the officer responsible for issuing or keeping the original, or by a solicitor, notary public, justice of the peace or any other person authorised to take a statutory declaration. A certified copy should carry a certificate, stamp or seal, and the certifier's signature.
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Financial institution
A body that provides financial services to clients, for example a bank, building society, credit union, stock brokerage or asset management firm.