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Also :-The applicant has invested not less than Â£750,000 of his capital in the United Kingdom by way of United Kingdom Government bonds, share capital or loan capital in active and trading United Kingdom registered companies other than those principally engaged in property investment; and has invested the remaining balance of Â£1 million in the UK by the purchase of assets or by maintaining the money on deposit in a UK regulated financial institution
Have a good read of the UKBA guidance.The funds must not be invested in companies mainly engaged in property investment, property management or property development. This requirement prevents investment in companies whose main function is to own or manage land or buildings. It does not prevent investment in, for example, construction firms, manufacturers or retailers who own their own premises
The investor scheme is not for people to buy houses.JaggiSingh wrote:are you a solicitor??Lucapooka wrote:The types of investments permitted can be found in the guidance. Please read the guidance on the UKBA site.
Can he buy residential properties(loads of houses)?? Would it considered to be investment??
Ok dear, i will read it, after than i will post ...Lucapooka wrote:The types of investments permitted can be found in the guidance. Please read the guidance on the UKBA site.