How to apply – Professional Investor category- Part 2

Evidence of your funds and/or assets

You need to provide evidence to show that you meet the requirements for both your ownership of the funds and/or assets that you are claiming, and to show that you have been capable of having earned or acquired your funds and/or assets legally. Acceptable evidence of the value and ownership of funds and/or assets may include (but is not limited to) original or certified copies of the documents shown below.

Cash

  • bank books/statements.

Property

  • title deeds, and
  • a recent valuation report for your property from an independent registered adviser, and
  • mortgage documents or statements showing any liability incurred on the property.

Shares/bonds

  • share certificates
  • share printout reports
  • share trading cards (if applicable)
  • a recent statement by a registered share broker or chartered accountant that certifies the current market value of your shares and bonds.

Business

  • documents of ownership, or financial interest in, the company/business, and
  • an independent valuation by a chartered accountant (or appropriate person), including details of any mortgages, loans, or other financial obligations.

Other assets eg gold bullion

  • evidence of ownership, and
  • a recent independent market valuation.

All documents provided as valuations of assets must be no more than three months old when you make your residence application and must be produced by a reliable, independent agency.

Evidence of earning or acquiring funds and/or assets

Acceptable evidence to show that you earned or acquired your funds and/or assets legally may include (but is not limited to) original or certified copies of the documents below.

Salaries and bonuses

  • personal tax returns or tax certificates
  • pay slips
  • letters of appointment
  • employer certificates
  • bank statements showing receipt of earnings.

Business profits and dividends

  • business financial statements
  • evidence of ownership or shareholding in the business
  • bank statements showing receipt of dividends.

Property

  • evidence of capital appreciation of property, measured as the current value (or sale price if property has been sold) less purchase price, eg solicitor’s settlement documents, bank statements showing your receipt of sale proceeds, valuation report for property currently owned.

Investments

  • bank certificates
  • evidence of share trading profits.

Inheritance

  • probate and evidence of inheritance from your solicitor.

Gifts

  • evidence of gifting, and evidence to show that your donor earned or acquired those funds and/or assets legally.