Sunday, November 10, 2024

85% of Tier1 investor visa holders departed UK in time

The UK  government has published third report on the data collected on travellers departing from and arriving in the UK as part of the Home Office exit checks programme. The report records overstay rates of non-EEA nationals whose leave expired in 2017/18 had the following statuses recorded on the ISA system

 

According to the exit checks overstay report for the year 2017/18

  • Out of 1.72 million visa expiries in 2017 and 2018, 97.0% were recorded as having left in-time (e.g. before their leave expired), 3.0% were not recorded as leaving before their visa expiry date, of whom 0.5% departed after their leave had expired and 2.6% had leave expired but no departure was initially identified

     

  • Visitors: 98.0% of those who arrived as a visitor were recorded as having left in-time.
  • Students: 97.6% of those who arrived for study were recorded as having left in-time.
  • Workers: 95.8% of those who arrived for employment were recorded as having left in-time.

 

 

Tier1 Investor visas

 

Out of 4,739 investor visa expiries, 4,051 departed in time. This equates to 85.5% of Tier1 investor visa holders left UK within their visa time, while 14.5% stayed in the UK and applied for settlement by extending their visa.

 

An individual who is first granted a visit visa and is later granted a [non-overlapping] investor visa, will be assessed first at the end of the visit visa and then at the end of the investor visa, so will have a status in the ISA system at two different points.

 

Tier1 overstay rate

 

As of Sep 2018, the Home office has issued a total of 3,988 investor visas and 6,952 investor dependent visas issued since 2005, according to Home Office statistics

  • China – 1341
  • Russia – 828
  • United States – 198
  • Hong Kong – 144
  • India – 87
  • Turkey – 69

A total of 10,938 visas issued under UK tier1 investor visa scheme for families in including all dependents.

 

Main Applicant Dependents Total
2008 43 95 138
2009 153 282 435
2010 211 372 583
2011 331 529 860
2012 470 920 1390
2013 565 1038 1603
2014 1172 1823 2995
2015 192 516 708
2016 215 373 588
2017 350 531 881
2018 284 473 757
Total 10938

 

 

UK investor visa statistics

 

Top countries for overstay

The following are the top countries with departures and overstay rates for all visa categories

 

Country Overstay rate
1. Philippines 7.7%
2. Pakistan 5.4%
3. India 2.3%
4. China 2.6%
5. Turkey 2.7%

 

high overstay rates of countries

 

The full report is available here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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