ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

TIER 1 ENTREPRENEUR INVESTMENT

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, archigabe

Locked
amit8910
Member
Posts: 125
Joined: Wed Apr 02, 2014 10:32 pm
India

TIER 1 ENTREPRENEUR INVESTMENT

Post by amit8910 » Thu Jun 18, 2015 6:54 pm

QUESTION - I transfer 50 K in company account and earning 90 K in three years so this is my situation so how can I show investment part from here or simply need a letter from accountant that invested money.


Basically, I am bit confuse in Investment part and earning so can anyone explain so can prepare my self that way.If I invest 50K in first three years then my company will be in loss end of the third year so will it affect on visa?


Thanks in advance

Princess of Ammi
- thin ice -
Posts: 298
Joined: Tue Dec 03, 2013 2:33 pm

Re: TIER 1 ENTREPRENEUR INVESTMENT

Post by Princess of Ammi » Thu Jun 18, 2015 8:01 pm

dear amit Good question i believe has not been asked or answered previusly

a person who opens up a business, has 50k in his account invests 10k and business suddenly begins to make unbelievable profit money in account is over 100k(of course he would have paid legitimate tax on earning) how this person can justify end of third year that he invested 50k to qualify for the extension.. seniors should reply on this
thanks,

solomondid
Member
Posts: 116
Joined: Tue Apr 17, 2012 2:06 pm
Location: London
Contact:

Re: TIER 1 ENTREPRENEUR INVESTMENT

Post by solomondid » Thu Jun 18, 2015 8:26 pm

I think we can invest by opening new offices, hiring more staff, gaining more professional certifications like ISO, buying assets like improved hardware and software, vehicle if appropriate for your lineof business, marketing websites and adverts on street boards etc i think thats what genuine business do to grow
Solomon

mfh
Newly Registered
Posts: 13
Joined: Tue Jun 16, 2015 10:20 am

Re: TIER 1 ENTREPRENEUR INVESTMENT

Post by mfh » Sun Jun 21, 2015 3:47 pm

Hi,
I have the same question.
My business is generating revenue, so how will I show the investment of 50k?

Although I am investing, but how will I show that this investment is from 50k pool and not from revenue?

Thanks.

karannrl
Newly Registered
Posts: 5
Joined: Mon Mar 04, 2013 10:07 pm
Location: United Kingdom

Re: TIER 1 ENTREPRENEUR INVESTMENT

Post by karannrl » Fri Jun 26, 2015 3:08 am

Hi Guys,
This is a very valid point which makes me worrying. I am on entrepreneur initial visa, did not invest in first year. but carried out from my business money only. invested by way of share capital in 2nd year - 22500 pounds. and now will invest about 30K in third year by way of share capital again.
but i also had dividends of 30K in second year. so how is it possible to prove money invested is from 50K pool only and not from dividends.

thanks in advance

amit8910
Member
Posts: 125
Joined: Wed Apr 02, 2014 10:32 pm
India

Re: TIER 1 ENTREPRENEUR INVESTMENT

Post by amit8910 » Wed Jul 01, 2015 6:38 pm

we need expert advise here...Anybody can explain here

Locked
cron