If you want to establish, join or take over a business in the UK, it’s important to know how the process works. To add clarity to the migration process and ensure authorities can more easily determine if an applicant is qualified, new rules have been implemented. These new rules are: The Secretary of State must assess previous investments made in the UK There is now no requirement to provide proof of third-party funds from UK Government departments Industry experts should be utilized for genuineness testing If applicants don’t have third-party endorsements, they still need to meet the £200,000 investment threshold Two years’ leave to remain in the country will be awarded instead of one year Tier 1 entrepreneurs are required to report on business growth and future plans regularly