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Monthly Archives: April 2025

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April 28, 2025
April 28, 2025

UK Self-Sponsored Business Visa

Author By Prashant Ajmera Categories UK, UK Business Visa - Start-Up and Innovators, UK Self Sponsered Business Visa

Exploring the UK Self-Sponsored Business Visa: A Pathway for Entrepreneurs  

The United Kingdom has long been a coveted destination for professionals, entrepreneurs, and investors seeking to establish their careers or businesses in a global economic hub. Among the various visa options available, the UK Self-Sponsored Business Visa route has emerged as a viable and flexible solution for individuals looking to establish their own businesses or even employ themselves through a company they control.

What is the UK Self-Sponsored Business Visa?

The UK Self-Sponsored Business Visa is not an official visa category but a pathway utilizing existing visa routes—primarily the Skilled Worker visa. This innovative approach allows entrepreneurs to start their own companies in the UK and sponsor themselves as employees, effectively enabling them to manage their businesses while meeting immigration requirements.

Key Features of the Self-Sponsored Visa Route

  • No Need for External Sponsorship: Unlike traditional Skilled Worker visas, this route allows individuals to act as their own sponsors by setting up and managing their businesses in the UK. 
  • Flexibility in Business Ventures: Entrepreneurs can start a new business, expand an existing one, or acquire an established UK company. 
  • Eligibility for Indefinite Leave to Remain (ILR): After five years of continuous residence and meeting specific requirements, individuals may apply for ILR, paving the way to British citizenship. 
  • Family Inclusion: Dependents, including spouses and children, can accompany the primary applicant to the UK. 

Eligibility Criteria

To utilize the self-sponsorship route, applicants typically need to:

  1. Register a UK Company: Establish a company registered with Companies House. 
  2. Meet Skilled Worker Visa Requirements: The applicant must fulfill the eligibility criteria of the Skilled Worker visa, including a job role listed on the UK’s Shortage Occupation List or demonstrating skills and experience for a qualifying position. 
  3. Obtain a Sponsor License: The company must apply for and secure a sponsor license from the Home Office. 
  4. Demonstrate Financial Capability: Provide evidence of sufficient funds to sustain the business and meet initial living costs. 
  5. Meet English Language Proficiency Standards: Prove English language proficiency through an approved test or equivalent qualifications. 

Benefits of the UK Self-Sponsored Visa Route

  1. Control and Autonomy: Entrepreneurs retain complete control over their businesses without relying on third-party sponsorship. 
  2. Comprehensive Business Support: The UK’s robust financial and professional ecosystem provides ample resources for startups and established businesses. 
  3. Access to a Thriving Economy: With a stable political and economic environment, the UK remains a prime destination for global trade and innovation. 
  4. Opportunity for Growth: Businesses can hire employees, expand operations, and diversify revenue streams while maintaining compliance with visa regulations. 

Steps to Apply

  1. Business Planning: Develop a comprehensive business plan outlining your objectives, target market, and growth strategy. 
  2. Company Formation: Register your company with Companies House and open a UK business bank account. 
  3. Sponsor License Application: Apply for a sponsor license, demonstrating your company’s ability to meet Home Office requirements. 
  4. Visa Application: Once the license is granted, assign a Certificate of Sponsorship (CoS) to yourself and apply for the Skilled Worker visa. 
  5. Move to the UK: Upon visa approval, relocate to the UK and commence business operations. 

Challenges to Consider

  • Compliance with Regulations: Ensuring compliance with both immigration laws and UK corporate regulations is crucial. 
  • Financial Investment: Initial costs for setting up a business, obtaining a sponsor license, and meeting visa fees can be substantial. 
  • Sponsor License Maintenance: Adhering to sponsor license obligations is mandatory to avoid penalties or revocation. 

Is the Self-Sponsored Business Visa Right for You?

The UK Self-Sponsored Business Visa route is ideal for professionals and entrepreneurs who:

  • Have a solid business idea or existing enterprise. 
  • Seek autonomy and control over their immigration and professional pathways. 
  • Are committed to adhering to UK immigration and corporate laws. 

Conclusion: 

The Self-Sponsored Business Visa route offers an innovative way to leverage the UK’s Skilled Worker visa for entrepreneurial endeavors. It combines the best of both worlds—freedom to build and run a business while meeting immigration requirements.

If you’re considering this route, ensure you seek professional legal advice to navigate the complexities of UK immigration laws effectively. A well-structured approach can open doors to unparalleled opportunities in one of the world’s most dynamic economies.

📑 Let us guide you through the process—from company formation to visa applications!

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✳️ Legal Disclaimer: In India, only registered lawyers are authorized to provide legal advice on immigration and visa matters.

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#UKBusinessVisa #Entrepreneurship #SelfSponsorship #ImmigrationLaw #StartYourBusinessInUK

 

April 21, 2025
April 21, 2025

Alberta PNP Business Immigration Programs

Author By Prashant Ajmera Categories Alberta Rural Immigration, Canada Business Immigration, Canada PNP immigration

Unlocking Entrepreneurial Opportunities: Alberta’s Business Immigration Streams

Alberta, renowned for its dynamic economy and entrepreneurial spirit, offers a welcoming environment for aspiring business immigrants. Through the Alberta Advantage Immigration Program (AAIP), the province provides three distinct streams tailored for entrepreneur and businessman and and Start-up  

  1. the Graduate Entrepreneur Stream, 
  2. the Foreign Graduate Entrepreneur Stream, and 
  3. the Rural Entrepreneur Stream. 

 

Each stream is designed to attract individuals with unique backgrounds and business aspirations, contributing to Alberta’s economic growth and diversification.

  • Graduate Entrepreneur Stream

This stream targets international graduates from Alberta’s post-secondary institutions who wish to establish or operate a business within the province.

Key Eligibility Criteria:

  • Completion of at least two years of full-time education in Alberta. 
  • Possession of a valid Post-Graduation Work Permit. 
  • A minimum of six months of full-time experience in business management or ownership. 
  • Proficiency in English or French, demonstrated by a minimum Canadian Language Benchmark (CLB) level of 7. 

Applicants are required to submit an Expression of Interest (EOI) and, upon selection, provide a comprehensive business proposal. The proposed business must offer economic benefits to Alberta, such as job creation or investment in priority sectors like technology, agriculture, or tourism.

ii. Foreign Graduate Entrepreneur Stream – Start -Up

Designed for foreign-educated graduates outside Canada, this stream aims to attract innovative entrepreneurs ready to launch or acquire businesses in Alberta.

Key Eligibility Criteria:

  • Completion of a degree from a post-secondary institution outside Canada within the last 10 years, accompanied by an Educational Credential Assessment (ECA). 
  • A minimum of six months of full-time experience in business management or ownership. 
  • Proficiency in English or French, with a minimum CLB level of 5. 
  • A minimum investment of $100,000 for businesses in urban centers or $50,000 for those in regional areas. 
  • A letter of recommendation from an AAIP-approved designated agency. ( Incubators)  

The proposed business must align with Alberta’s priority sectors, including technology, aerospace, financial services, agriculture, tourism, life sciences, and pharmaceuticals. 

iii. Rural Entrepreneur Stream for businessman

This stream is tailored for entrepreneurs aiming to establish or acquire businesses in Alberta’s rural communities, thereby stimulating local economies.

Key Eligibility Criteria:

  • A minimum of three years of experience as an active business owner/manager or four years as a senior manager within the past 10 years. 
  • Completion of at least high school education equivalent to Canadian standards, verified by an ECA. 
  • A minimum net worth of $300,000. 
  • A minimum investment of $100,000 from personal equity. 
  • Ownership of at least 51% for new businesses or 100% for business succession. 
  • Creation of at least one full-time job for Canadian citizens or permanent residents. 

Applicants must submit an EOI and, upon selection, provide a detailed business plan demonstrating the venture’s viability and economic benefit to the rural community. 

Conclusion

Alberta’s diverse business immigration streams offer tailored pathways for entrepreneurs, businessman and Start Up founders with varying backgrounds and ambitions. Whether you’re a recent graduate from an Alberta institution, an international graduate with innovative ideas, or an experienced entrepreneur seeking opportunities in rural communities, Alberta provides the resources and support to help you succeed. By aligning your business goals with the province’s economic priorities, you can embark on a rewarding journey that contributes to Alberta’s growth while achieving your entrepreneurial aspirations.

FOR BLOG- The author of this article is Mr. Prashant Ajmera, an Indian immigration lawyer and Canadian citizen. He is the founder of Ajmera Law Group and the author of two books, “Millionaires On The Book” and “How to Plan for Your Child’s Foreign Education.” Over the past 30 years, he has assisted and advised over 30,000 students and families on planning their foreign education and settlement. He regularly speaks at various forums on this subject.

👉 Explore the possibilities today:
📖 Read our detailed blog 👉 https://ajmeralaw.com/blog/

📹 Watch this informative video 👉 https://www.youtube.com/ajmeralawgroup

💬 Stay Updated:
📱 Join our WhatsApp Group: -https://chat.whatsapp.com/LMYGSw3FT42GLrH82yg4Rz

📢 Subscribe to our WhatsApp Channel: https://whatsapp.com/channel/0029VaaukpFKbYMMAFh4iZ2K

📞 Contact Ajmera Law Group:
📧 Email: info@ajmeralaw.com
📱 Phone: +91 9974253030
🌐 Website: www.ajmeralaw.com

✳️ Legal Disclaimer: In India, only registered lawyers are authorized to provide legal advice on immigration and visa matters.

💡 Take the first step toward your entrepreneurial future!

April 14, 2025
April 14, 2025

Cyprus Business Visa: A Gateway to European Growth and Lifestyle

Author By Prashant Ajmera Categories Cyprus Citizenship, Cyprus Residency Visa, Europe, Europe Golden Visa, European Citizenship

Cyprus Business Visa: A Gateway to European Growth and Lifestyle

By Prashant Ajmera, Indian Immigration Lawyer

Cyprus, a Mediterranean gem, has emerged as one of the most attractive destinations for global entrepreneurs and investors seeking a foothold in Europe. With its strategic location, business-friendly environment, and high-quality lifestyle, Cyprus offers an excellent opportunity for Indian and South Asian businesses to expand globally.

Why Cyprus?

Cyprus is not just a picturesque island; it’s a thriving European business hub. As a member of the European Union, Cyprus provides access to a single market of over 500 million consumers, a robust legal framework aligned with UK Common Law, and a highly skilled, multilingual workforce.

Key Advantages of Cyprus Business Visa:

  1. Residency and Work Permits: Business owners and key executives can obtain renewable temporary residency and work permits.
  2. Family Benefits: Residency is extended to family members, offering access to excellent educational and healthcare systems.
  3. Tax Efficiency: With a 12.5% corporate tax rate—the lowest in the EU—Cyprus provides significant tax advantages for businesses.
  4. Strategic Location: Situated at the crossroads of Europe, Asia, and Africa, Cyprus is a perfect gateway for businesses targeting multiple regions.
  5. Pathway to Citizenship: Eligible applicants can apply for Cypriot citizenship after 3-4 years of residency, depending on language proficiency.

Eligibility for Cyprus Business Visa

To qualify, applicants must:

  1. Establish a Cyprus-based company or relocate an existing business.
  2. Ensure the majority of the company shares are owned by non-EU nationals.
  3. Invest a minimum of €200,000 in the company, either as a deposit or for operational expenses like office space or equipment.
  4. Operate from dedicated offices in Cyprus, separate from residential premises.

Additionally, companies meeting these criteria can hire non-EU nationals for executive and specialized roles, with a minimum gross monthly salary of €2,500.

Process to Obtain a Cyprus Business Visa

  1. Company Setup: Establish a Cyprus-based company and open a local bank account.
  2. Registration: Register the company as a foreign-interest entity.
  3. Visa Application: Apply for a visitor’s visa to travel to Cyprus.
  4. Permit Application: Once in Cyprus, submit applications for temporary residence and work permits.

The process is straightforward, with support available for documentation, compliance, and legal representation.

Business Opportunities in Cyprus

Cyprus is home to a dynamic economy, with thriving sectors such as:

  • Tourism and hospitality
  • Financial services
  • Renewable energy
  • Technology and innovation
  • Real estate development
  • Forex and
  • Fintech

Indian and South Asian businesses, particularly SMEs and startups, can benefit from Cyprus’ streamlined regulatory framework, affordable operating costs, and access to the EU market.

Why Choose Professional Assistance?

Navigating the intricacies of business immigration requires expert guidance. Partnering with seasoned legal professionals ensures compliance with local regulations and a seamless transition.

At Ajmera Law Group, we specialize in assisting clients with business immigration, investment visas, and global residency programs. Through our collaboration with Typographos & Co Lawyers in Cyprus, we offer end-to-end support, including company formation, visa applications, and compliance management.

Conclusion

Cyprus is more than just a business destination—it’s a pathway to European residency, global market access, and a superior quality of life. For Indian and South Asian entrepreneurs, the Cyprus Business Visa presents a unique opportunity to grow internationally while enjoying the benefits of European living.

For personalized advice and assistance, feel free to contact me at info@ajmeralaw.com or visit www.ajmeralaw.com. Let us help you unlock the doors to Europe!

April 7, 2025
April 7, 2025

A Comprehensive Guide to the Portugal Golden Visa via Investment Funds

Author By Prashant Ajmera Categories Europe, Europe Golden Visa, European Citizenship, Portugal, Portugal Golden Visa, Portugal Investor Visa, Second Passport

A Comprehensive Guide to the Portugal Golden Visa via Investment Funds

Portugal’s Golden Visa program is one of the most sought-after residency-by-investment options in Europe. Designed to attract international investors, this program allows non-EU citizens to secure residency in Portugal by making qualifying investments. Among the various investment options, investing in a Portuguese investment fund is gaining significant popularity due to its flexibility and potential financial returns. Here, we outline the basic requirements, advantages, application process, and associated costs for securing a Portugal Golden Visa through fund investment.

Basic Requirements for Portugal Golden Visa via Fund Investment

To qualify for a Portugal Golden Visa through investment funds, applicants must meet the following requirements:

  1. Minimum Investment:
    • Invest at least €500,000 in a qualifying Portuguese investment fund.
  2. Fund Eligibility:
    • The fund must be registered with the Portuguese Securities Market Commission (CMVM).
    • It should primarily focus on Portuguese companies, often in real estate, technology, or other high-growth sectors.
  3. Hold Period:
    • Maintain the investment for a minimum of five years.
  4. Documentation:
    • Valid passport and proof of legal residence.
    • Proof of investment in the qualifying fund.
    • Criminal record certificate from the country of origin or residence.
    • Proof of health insurance valid in Portugal.

Advantages of Investing in Funds for the Golden Visa

  1. Lower Involvement in Real Estate:
    • Unlike property purchases, fund investments require less direct management, making it ideal for remote investors.
  2. Diversification:
    • Funds offer diversified portfolios across various industries, potentially lowering investment risks.
  3. Higher Liquidity:
    • Funds are often more liquid compared to real estate, allowing for easier exit strategies after the required holding period.
  4. Potential Returns:
    • Investment funds are professionally managed, often providing attractive financial returns.
  5. Ease of Compliance:
    • No need for additional costs such as property maintenance or taxes related to ownership.

Application Process for Portugal Golden Visa

  1. Choose a Qualifying Fund:
    • Research and select a CMVM-approved fund that aligns with your investment goals.
  2. Obtain a Tax Identification Number (NIF):
    • Secure an NIF, which is essential for conducting financial transactions in Portugal.
  3. Open a Portuguese Bank Account:
    • Transfer the investment amount into a local account.
  4. Make the Investment:
    • Complete the €500,000 investment in the selected fund.
  5. Prepare Documentation:
    • Gather and notarize all required documents, including proof of investment and criminal record certificates.
  6. Submit the Application:
    • Apply online through the Portuguese Immigration and Borders Service (SEF).
  7. Biometric Appointment:
    • Attend a biometric data collection appointment at a SEF office.
  8. Approval and Residency Permit Issuance:
    • Upon approval, receive a renewable residency permit valid for two years.

Costs and Government Fees Involved

  1. Investment Amount:
    • Minimum of €500,000 in a qualifying fund.
  2. Government Fees:
    • Application Processing Fee: Approximately €605 per applicant.
    • Residence Permit Issuance Fee: Around €6,045 per applicant.
  3. Legal and Administrative Costs:
    • Legal Assistance: Fees range from €5,000 to €8,000 for a single applicant.
    • Translation and Notarization: Costs vary depending on the complexity of the documents.
  4. Fund-Related Fees:
    • Subscription Fee: Up to 7.5% of the investment amount.
    • Annual Management Fee: Typically 0.5% to 3% of the invested capital.
  5. Additional Costs:
    • Health Insurance: Premiums starting at approximately €400 per person annually.
    • Miscellaneous Fees: These include costs for obtaining the NIF and opening a bank account.

Summary of Costs

Expense Approximate Cost Notes
Investment Amount €500,000 Direct investment in a qualifying fund.
Application Fee €605 per applicant One-time fee for initial processing.
Permit Issuance Fee €6,045 per applicant Paid upon approval of the residency permit.
Legal Assistance €5,000 to €8,000 Varies based on the law firm’s services.
Fund Subscription Fee Up to 7.5% of investment Charged by the fund.
Annual Fund Fee 0.5% to 3% of investment Ongoing fund management cost.
Health Insurance €400+ per person annually Required for all applicants.
Translation/Notarization Varies Document preparation costs.

Conclusion

Investing in Portuguese funds under the Golden Visa program offers a streamlined and efficient pathway to residency in Portugal. With professional fund management, potential financial returns, and fewer obligations compared to real estate, this option is increasingly favored by global investors. However, it’s essential to understand the associated costs and comply with all legal requirements to ensure a smooth application process.

If you’re considering applying for the Portugal Golden Visa via investment funds, we can provide expert guidance to help you navigate the complexities. Contact us for tailored advice and assistance on your journey to Portuguese residency.

 

🔗 Learn More About Greece Golden Visa Requirements:
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✳️ Legal Disclaimer: In India, only registered lawyers are authorized to provide legal advice on immigration and visa matters.

#GreeceRealEstate #GoldenVisa #AjmeraLawGroup #ImmigrationLawyer #GreekLifestyle #PropertyInvestment #Greece

The author of this article is Mr. Prashant Ajmera, an Indian immigration lawyer and Canadian citizen. He is the founder of Ajmera Law Group and the author of two books, “Millionaires On The Book” and “How to Plan for Your Child’s Foreign Education.” Over the past 30 years, he has assisted and advised over 30,000 students and families on planning their foreign education and settlement. He regularly speaks at various forums on this subject.

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