The UK is one of the most desirable countries around the globe for business expansion with a reputation for rule of law, quality of governance, innovation and data security. And the benefits of Sole Rep visa attracts applicants from all around the globe. This makes Britain an extremely favourable option for businesses seeking international expansion.
The country is popular among investors and business owners looking to establish a presence in the UK because of the benefits of Sole Rep visa. The route has also been in demand because of new opportunities opened up for non-residents, since Brexit.
The sole representative visa provides anyone with a business the opportunity to use their business acumen to raise their business to new heights in a new country, the UK. There are many advantages of doing business in the UK. At The SmartMove2UK, we have seen an exponential increase in the number of successful applications during 2019-20. During the same time in the UK there has been an increase in the number of small businesses, as of the beginning of 2020 there were 5.9 million small businesses in the UK.
The UK has a maximum of small and medium enterprises (SMEs), which adds up to over half of the country’s private sector turnover (52%), this includes businesses started by migrants who are in the UK as sole representatives of overseas business, sole representatives of media houses, Tier 1 Investors, Tier 1 entrepreneurs, Innovators and dependents of points-based system applicants. The UK has a great ecosystem to facilitate the growth of new businesses or lay foundations for existing businesses. Advantages of the UK Sole Representative Visa in 2022 are quite impressive for potential applicants.
The SmartMove2UK reveals Key Points of a UK Sole rep visa! Know them
Benefits of the Sole Rep visa UK
The UK Sole Representative Visa route allows the senior employee of an overseas business to set up and run a branch or a wholly owned subsidiary of an overseas parent company, the benefits it offers are quite interesting. Since the route doesn’t involve you making any substantial investments but is a pathway to citizenship.
International Presence
- It’s not difficult to crack why an international presence can take your business to the next level! Entering the UK market can open up many opportunities for your business.
- A UK Sole Representative visa allows you to set up an international office that not only helps with branding, but also provides you with an international platform to work with.
Access to a bigger market
- Growing your business in the UK gives you access to 25-30 billion people who are high spenders, allowing you to establish higher price points
- This gives a business owner, or the representative, a bigger market to play in – hence experiment with the products and prices.
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Permanent residency / citizenship route
- Among the many benefits of Sole Rep visa, you can also apply for a permanent residency after 5 years and British citizenship after 6 years if you can meet the requirements.
You can bring your family to the UK
- You can bring your family with you on a UK Sole Rep visa as ‘dependents’. A dependent can be the applicant’s husband, wife, partner and child under 18. The dependents are also free to work while living in the UK, and the applicant’s children have a right to free education.
On that note…
There are many benefits of obtaining UK’s residency in 2022 through the Sole Representative Visa route. Especially considering the Sole Rep Visa Success Rate, it seems like the perfect time for business owners to expand their profits and gain an international presence! According to the statistics, many entrepreneurs have chosen the route to fulfil their dreams and expand their horizons – and the no-investment and pathway to citizenship features of the route are a cherry on the cake!
However, it is essential to know the duties and responsibilities of a Representative of an Overseas Business. If you would like to have more insights on the Sole representative visa, we are 1 call away.
We at The SmartMove2UK have a global clientele and provide individuals, families and corporations alike with the best-in-class legal assistance for your UK Visas and Immigration procedures.
We can help you achieve the complete benefits of a representative of an overseas business visa and deal professionally and competently with questions from the UK Home Office.
To know more about the sole representative visa or if you have any other queries, you can contact us on the below-mentioned details and one of our associates will get back to you with the answers to your queries.
Know the Challenges Faced by Sole Representatives: Click here