I am a student currently living in the UK and will be applying for a Tier 1 (Investor Visa) with the help of my parents. What special documentation do I need to prepare?
Answers
You are able to apply for your visa whilst in the UK, subject to certain conditions. The main documents to supply include evidence of having at least €2 million to invest in the UK. This can be proved with bank statements or a letter from your bank (which must be a recognized and regulated bank). You will also need to provide a criminal record certificate for any country you have lived in for the last ten years.
The exact list of the financial documents will depend on the circumstances such as the source of funds. You will need a signed deed of gift from your parents and an accompanying legal letter confirming the validity of the gift. Your immigration advisor can draft both documents. In addition, your advisor will need to know how your parents obtained the funds before they can advise further in relation to any other supporting documents.
You can switch to Tier 1 (Investor) visa from Tier 4 visa (not short-term student visa) in the UK. There will be no special qualifications required of you because you are on a student visa. The documentation requirements will depend mostly on where the funds of €2 million are at the moment, how long they were held in your account, whether the account for the investment has been open, etc. There may be additional requirements depending on your status, nationality, where you resided previously, where you will be applying from, etc.
There are no special documents for students but you must satisfy all of the Investor Visa's general requirements.
The only additional information that is required is a Deed of Gift duly executed and the source of your parents's funds.
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