I'm pleased to provide some clarity about the suitability of cryptocurrencies (such as Bitcoin) as a source of funds qualifying for the investor visa route. British governmental guidance is as follows: Funds must be held as money under the applicant's control; Bitcoin is not considered legal tender in Britain; Eligible funds must be in the form of conventional legal tender. Further, if an investor wishes to sell Bitcoin to transfer their assets into cash, they must provide evidence showing that they are the legal owner of the proceeds. That means demonstrating that they were the lawful owner of the Bitcoin and, therefore, had the right to benefit from the sale of their cryptocurrency investment.
