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In brief

The Government closed the Tier 1 Investor visa route to all new applicants with immediate effect on Thursday 17 February. The reason for this is stated to be as a result of security concerns with a number of cases being linked to corruption and illegitimately acquired wealth.

The Innovator route is to be restructured in order to provide an investment route which effectively supports the UK’s economy.


The closing of the Tier 1 Investor route is part of the government’s stated New Plan for Immigration in action, taking a firm approach to those deemed as misusing the immigration system and instead providing opportunities for those who want to come to the UK and comply with the rules.

Enhancements will be made to the Innovator visa route to allow a targeted approach to investors who are needed in the UK.

Holding UK investments will no longer be enough to obtain settlement. Applicants will have to execute an investment strategy that can show genuine job creation and other tangible economic impacts, to be able to apply for settlement in the UK (known as indefinite Leave to Remain).

Related links 

Tier 1 Investor Visa route closes over security concerns

Further details regarding these changes can be obtained by reaching out to your usual contact in our Global Immigration & Mobility team.  

Author

Tony Haque is a senior associate with over 20 years' experience advising in all areas of UK immigration and nationality work, and related European Union law. He is a member of Baker McKenzie’s Global Labor Employment and Employee Benefits Practice Group, where he advises on related corporate, tax and labor law issues, and leads the Firm's Global Immigration & Mobility department in London. Tony is an appointed member of the Law Society's Immigration Law Committee which provides expert guidance to practitioners and seeks to influence the direction of policy. He is recognized as a leader in his field by all of the main UK legal directories including Chambers & Partners, Legal 500, Legal Experts, Global Counsel 3000 and A Who’s Who of Corporate Immigration Lawyers.

Author

Richard Mills is a Senior Associate in Baker McKenzie's London office.

Author

Ying Li is a Senior Immigration Specialist in Baker McKenzie London office.

Author

Wendy Mortimer is a Senior Immigration Specialist in Baker McKenzie London office.

Author

Natasha Riley is an Immigration Specialist in Baker McKenzieLondon office.

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Tomoko Sasaki is an Immigration Specialist in Baker McKenzieLondon office.

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