What is a UK Business Visa?
UK Business Visa is a type of visa that allows individuals to enter the United Kingdom for business-related activities such as attending conferences, meetings, and negotiations. The visa can also be used to set up a business or invest in a UK-based company. However, the visa does not permit individuals to work or conduct business on a self-employed basis.
Cost of UK Business Visa Application Fee
The cost of a UK Business Visa application fee varies depending on the duration of stay and the type of visa. The following fees apply:
Standard Visitor Visa (up to six months) – ￡95
Long-term Standard Visitor Visa (two, five, and ten years) – ￡361, ￡655, and ￡822 respectively
Permitted Paid Engagement Visa – ￡95
Short-term Study Visa (up to six months) – ￡97
Tier 1 (Investor) Visa – ￡1,623
Tier 2 (Intra-Company Transfer) Visa
up to three years – ￡610
more than three years – ￡1,220
It is important to note that the application fee is non-refundable even if the visa is rejected.
Other Costs to Consider
Aside from the application fee, there are other costs to consider when applying for a UK Business Visa:
Healthcare surcharge – non-EEA nationals are required to pay a healthcare surcharge as part of the visa application process. The charge is ￡624 per year for s and ￡470 per year for students. The surcharge gives individuals access to the National Health Service (NHS) during their stay in the UK.
Immigration Health Surcharge – This fee is applicable for those who are applying from within the UK to switch their visa and have been granted leave to remain. The amount they need to pay will be determined by the duration of the visa.
Travel expenses – individuals are responsible for covering travel expenses to and from the UK.
Accommodation expenses – individuals are responsible for covering accommodation expenses during their stay in the UK.
Conclusion
Applying for a UK Business Visa can be a costly affair. However, having a business visa can open doors to new business opportunities and enable individuals to expand their businesses beyond their home countries. It is important to ensure that you have all the necessary documents and have met all the requirements before submitting your application to avoid any delays or issues that may arise.
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