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Are There Special Visa Opportunities for Foreigners Buying a Home in the UK?

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Are There Special Visa Opportunities for Foreigners Buying a Home in the UK?

Buying a house in the UK does not directly grant you a residence permit. However, owning real estate can offer us a significant advantage in the application process, especially in terms of financial assets. For example, owning a house shows that you have the financial power to sustain your life in the UK. This can be considered as a positive factor in visa applications.

Generally, with a tourist visa, you can enter and exit the UK every six months and use your own home, but a long-term residence permit requires a different procedure. For long-term residence in the UK, you need to obtain a work permit and apply for a skilled worker visa, which is one of the most commonly used visa types. It is also possible to start your own business with the self sponsorship model and get this visa by sponsoring yourself through your own company.

Self sponsorship offers a new solution especially for business people from countries like Turkey, which cannot benefit from the Ankara Treaty after Brexit. However, it is necessary to have a certain competence and capital in this process. It is recommended to show a minimum capital of 50,000 Pounds, especially when applying with a plan to start your own business in the UK.

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