Investing in the Isle of Man can result in obtaining a visa for this purpose, in case of non-EEA nationals who qualify. Entrepreneurs can choose to obtain Isle of Man citizenship by investment first by applying to one of the Tier 1 visas or the Business Migrant visas and then observing the conditions to remain in the country for a minimum period.
Our Isle of Man company formation agents list the options available to business migrants and can help those interested apply for the visa and, once they are in the country, handle all of the company incorporation steps.
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Moving to the Isle of Man is attractive for investors, given the simple and fast company formation options, as well as the fact that there is no applicable corporate income tax.
Several investment routes are possible, and they are designed to meet the needs of innovators and start-up founders, as well as those who can make a substantial investment in the country, and then apply for Isle of Man citizenship by investment.
Our Isle of Man company formation specialists list the main types of visas available to those who wish to invest in the country:
Two other Tier 1 visas are available for graduate entrepreneurs and for exceptional talent migrants.
Applying for the visa is only the first step for those interested in obtaining Isle of Man citizenship by investment. Investors should time the application date to suit their travel plans. Applications can be submitted at the earliest three months before the planned travel.
If you are first interested in other options apart from obtaining the Isle of Man investor visa, we can give you information about how to move your business to the Isle of Man. This is a process during which an existing business is essentially relocated to the Isle of Man, and it benefits from all of the business advantages here, among which 0% corporate income tax and easy management.
Non EEA nationals can apply for the Tier 1 investor visa mentioned above. Having the minimum prescribed investment amount for the chosen type of visa is key for the success of the application. The investment funds are verified and the applicant will need to provide adequate proof.
Apart from the evidence of having the investment fund, when applying for a visa that will grant Isle of Man residency by investment, the applicant will also pay certain fees:
The business migrant innovator visa is valid for 3 years and those interested in Isle of Man residency by investment can apply for a further renewal of 3 years. This visa is dependent on the endorsement provided by the Department of Enterprise and it may be withdrawn should this cease to apply.
The Isle of Man allows applicants to register as a British citizen through naturalization. If eligible for this process, the applicant will effectively have the same rights and privileges as a British-born citizen, including being able to apply for a British passport.
The main requirements have to do with the residential requirements. Foreign nationals can apply if they have lawfully lived in the UK for 5 years.
Our team can help you apply for Isle of Man citizenship by investment. Contact us for more details.