Foreign investors interested in setting up a business in the UK can expect help and better treatment from the UK Chancellor of the Exchequer, Rishi Sunak, who announced that funds from the latest UK Budget will be allocated to the Department for International Trade (DfT) to help foreign investors with their Tier 1 investor visa applications.
The help from the UK government will enable the process of the application to become quicker.
The move comes as Britain prepares for life outside the European Union, with the government set to pump £5 billion into exporting. The Chancellor will hand over the funds to UK Export Finance, the Government’s export credit agency that provides loans to overseas buyers of British goods and services.
The Johnson government is on a mission to push the attractiveness of Britain for the world’s brightest and best students and skilled workers.