A Tier 1 Entrepreneur visa is one of the most difficult to obtain. Not only do applicants have to have access to the required funds of £50,000 or £200,000, but they also need to pass the Genuine Entrepreneur Test.

In 2015, the Migration Advisory Committee (MAC) released a report that stated the Tier 1Entrepreneur visa needed to be reviewed. One of the main reasons cited was that some migrants were using the Tier 1 Entrepreneur visa route to avoid the £2 million required to obtain a Tier 1Investor Visa, which could lead to an accelerated settlement. They achieved this by investing in a small equity stake of an established company but did not actively participate in running the organisation.

MAC suggested some significant changes to the existing application system. These included:

As at the time of writing, these measures have not been implemented. However, in 2015, the Genuine Entrepreneur Test, has become significantly tougher.

OTS Solicitors is a Legal 500 recommended law firm. We have won numerous other awards for our immigration service, including a Global Excellence Award for the Most Trusted in Immigration law. My team and I regularly support clients who are applying for a Tier 1 Entrepreneur visa to pass the Genuine Entrepreneur Test.

What is the Genuine Entrepreneur Test?

The Home Office uses the Genuine Entrepreneur Test to assess your credibility. immigration officials will take the following into consideration when looking at your application:

The two main components of the Genuine Entrepreneur Test are your business plan and an interview with the Home Office.

The business plan

A key error those applying for a Tier 1 Entrepreneur visa make when presenting their business plan is simply submitting the version they have developed for investors and lenders. Although the financial forecast of the business is important, immigration officials are more concerned with whether you can meet the requirements of the Tier 1 Entrepreneur visa. These include:

In addition, your business plan will need to show you have an in-depth knowledge of the industry, you have the educational requirements and the experience needed to create/grow a successful enterprise and that you understand the UK market.

The Home Office Interview

As part of the Genuine Entrepreneur Test, you may be required to attend an interview with an immigration official. You will need to be prepared as the interviewer will ask you many questions about your background, business knowledge and industry experience to help them decide on whether to grant you entry under the entrepreneur route.

You are likely to be asked questions such as:

My team and I work extensively with Tier 1 Entrepreneur visa applicants to help them prepare for a Home Office interview. Not only do we provide a list of possible questions, but we also coach them through answers in mock interviews, so their answers are consistent and articulate on the day. Doing this means we have an extremely high success rate when it comes to having Tier 1 Entrepreneur Visas granted.

OTS success stories

Our client worked in the music industry in the Middle East. They applied for a Tier 1 Entrepreneur visa using and planned to invest in an existing business in London. As the targeted business was not in their field of expertise and given and our client’s limited experience in this industry, we focused on detailing and showcasing all of the transferable skills from their marketing and managerial roles in the business plan and CV to fulfil the requirements of the Genuine Entrepreneurship Test. Because of our thorough gathering of evidence, the Home Office did not require an interview with the client, and their Entrepreneur visa was granted straight away.

Being exempted from a Genuine Entrepreneur Test interview is extremely rare. This example highlights the skills that our immigration Solicitors possess to create the best business plan that will instil confidence in immigration officials.

To find out how we can help you successfully apply for a Tier 1 Entrepreneur visa and create a successful business plan, please call us on 0207 936 9960.

OTS Solicitors is one of the most respected immigration law firms in London and is Legal 500 leading firm. By making an appointment with one of our business immigrationsolicitors, you can be assured of receiving some of the best legal advice available in the UK today.