Hi guys,
i am planning to apply for the Tier 1 entrepreneur 200K GBP visa
i want to know if it is necessary to spend all the money into the business?
I read from the rules that if i buy a business from another person, the money i paid directly to the previous owner does not count, is that correct? so how can i buy business without paying the previous owner?
say i want to establish a local small hairdresser. is that too low-technique small basic business nature that HO would not accept?
can i use the money to buy a premise of the business, e.g. the shop for running the hairdresser?
thanks
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