How to invest

aby00156 wrote:I just got my Visa. I have showed 50K in my personal account. Now to qualify for extension instead of investing the 50k which I showed, will it be ok if i showed the investment from the revenue or profits. And also if the employee is a dependant then will it be considered as an investment,

What is a settled worker?
A27. Only jobs that are given to people with settled status in the UK will qualify for the award of points. Paragraph 6 of the Immigration Rules defines what we mean by “settled in the United Kingdom” This can be viewed on: http://www.gov.uk/government/collection ... tion-rules.
For the purposes of these guidance notes a ‘settled worker’ is a person who is:
• A national of the UK;
• A national of Austria, Belgium, Bulgaria, Croatia*, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden or Switzerland who is exercising an EC Treaty Right in the UK;
*NB – Workers from Croatia, unless exempt from worker authorisation, must have such authorisation (for instance a purple registration certificate) in order to commence work;
• British overseas territories citizens except those from Sovereign Base Areas in Cyprus. Those included are Anguilla, Bermuda, British Antarctic Territory, British Virgin Islands, British Indian Ocean Islands, Cayman Islands, Falkland Islands and dependencies, Gibraltar, Montserrat, Pitcairn Islands, St. Helena and Dependencies and Turks and Caicos Islands;
• Commonwealth citizens who were allowed to enter or to remain in the UK on the basis that a grandparent was born here;
• Settled in the UK within the meaning of the Immigration Act 1971, as amended by the Immigration and Asylum Act 1999, and the Nationality, Immigration and Asylum Act 2002.
Note that workers requiring approval to work in the UK, such as holders of an immigration employment document under the work permit arrangements, will not count towards the award of points even if they have permission to work for your business. Any holder of a letter of permission to work under Tier 1 of the Points Based System such as under the Tier 1 (General) category will not count for the award of points.

Jeeves wrote:And some people wonder why the Home Office is clamping down on this route...

aby00156 wrote:And are you sure people with ILR are also considered as settled persons

Q3 Once I have done the checks (OCC) do I need to do anything else while they work for me?
A. No, if the person is British, an EEA national or a person settled here. The latter group will be people who have “indefinite leave to remain/enter”, a “no time limit” or a “right of abode”. This is because there are no restrictions on their ability to work in the UK. These documents are set out in List A of the “Code of practice on preventing illegal working”.
Yes, if you conducted the check (OCC) using documents from Group 1 of List B of the Code. You will need to conduct a follow-up check to retain the excuse because the person has a temporary permission to stay in the UK.
Yes, if your check leads you to check against Group 2 of List B of the Code. You will have to contact the Home Office‟s Employer Checking Service who will verify a right to work. This will give you a statutory excuse from penalty for six months. You must then recheck at six months. Verification will be necessary when your potential employee or employee provides either a “Certificate of Application” or an “Application Registration Card” which allows work. It will also be necessary when you are reasonably satisfied that your potential employee or employee has an outstanding immigration application or appeal.
This guide applies for existing employees where a repeat check is required on or after 16 May 2014. If the initial check was made using documents in List B Group 1, the next check is required at the expiry of their permission to be in the UK and to do the work in question. Checks every 12 months are not required. If the initial check was made using documents in List B Group 2 prior to 16 May 2014, you are required to conduct the next check with the Employer Checking Service when the existing 12 month statutory excuse expires.

aby00156 wrote:Agree, I know that for 2 jobs should be of setteled persons. But my questions is can I also employ my dependant and show the salary which I give him as investment.

junaid123 wrote:what about the office rent???
does it count as a investment or not??