Due to the COVID-19 pandemic, life as we know it has changed including the UK’s Tier 1 investor programme as well as similar schemes around the world. However, as the global economy starts to reopen, and lockdowns start to ease, the restrictions on travel and movement will reinvigorate the desires and ability of high net worth (HNW) individuals to relocate. The UK’s Tier 1 Investor Visa is a flexible and attractive option for those of HNW from overseas. it is likely to become a popular option for EU and Swiss HNWs in the future.
Any decline in the applications to the Tier 1 Investor visa are expected to be offset from the growth from non-EU HNWs who would previously have considered obtaining a similar investor visa from Cyprus or Malta in order to benefit from EU (and by definition UK) citizenship and the freedom of movement.