For visa purposes to satisfy employment requirement, a job created has to be a new job. So positions that existed before you joined the business will not be acceptable. Secondly an employee must be on payroll (can be a director or an office assistant). Thirdly, an employee must be British or a settl...

Hello, Do check the link with eligibility, but it is most likely you will need to go via the £200,000 route. Regarding the business, you need to ensure that you can demonstrate that you (or your wife if she is the main applicant) have experience and skills in running the business you propose to unde...

Congratulations! Could you please clarify what you mean by "I took over an existing business. But the company was my own new company. Therefore didn't show anything related to buying an existing business". In your company accounts there should have been a payment made to an owner of an existing busi...

Hi Puneet, Could you please clarify which visa you are thinking of applying? Tier 1 Investor has £2mil investment requirement, Tier 1 Entrepreneur - £200.000. From what you wrote it looks like you are thinking of Tier 1 Entrepreneur in which case you can get funds from third parities e.g relatives o...

Hello, I have a friend of mine who is applying for Tier 1 Investor Visa, he has hired a solicitor to do his paperwork and everything seems to be in order, but one of the requirement given by solicitor is that he needs to open up a UK bank account, and get a letter from bank saying this account can ...

It is not mandatory to have a solicitor, but my advice is do get one. A good solicitor is priceless. Entrepreneur visa is a complex application and unless you are a practicing immigration solicitor yourself you wouldn't know all the nuances and details. Besides having a solicitor gives additional co...

Hello, 1) For investment funds, you can apply now, however if you hadn't held your funds for consecutive 90 days you would need to supply the document confirming the source of fund. So if you have an option for wait until the funds are in your account for 90 days, it would be best to do so to avoid ...

Dear members, Working extensively with Tier 1 Entrepreneurs on investing in UK business we would like to share with you the list of tips that you should keep in mind when selecting the businesses for investment. Choosing the option to invest in existing business is a popular ways for Tier Entreprene...

In your case I would suggest investing the remaining funds in another existing business. This way you will comply with the visa requirements and will have already a team in place that would run the business, so you will not need to worry about diverting much of your attention from the first business...

Hi. I need some advise on following: We are four friends A , B , C, D and applied for Tier 1 Entrepreneur Visa as a team in following manner . A & B = Ist Entrepreneur team 200K (Team No 1) (Already got the VISA in APR and formed the company in UK and money is already transferred in company account...

Dear Members, For those who are still planning to apply for Tier 1 (Entrepreneur), it is strongly advised that you do it ASAP. The government has issued a commission to request the Migration Advisory Committee (MAC) to review the entrepreneur routes with a view to ensuring that the potential economi...

Hi, I am looking to apply for Tier 1 entrepreneur 200k route. I would like to know what I have to do with my £200k to satisfy the extension requirements. I am planning to open an investment firm which trades in stocks and bonds. I am planning to hire two analysts and register a private limited comp...

I have seen many posts on this forum with regard to the confusion that UKVI caused with introduction of what they will not count towards investment made in the business and in particular the queries with regard to purchasing leasehold businesses and goodwill. UKVI will not accept as investment the ...

I have seen many posts on this forum with regard to the confusion that UKVI caused with introduction of what they will not count towards investment made in the business and in particular the queries with regard to purchasing leasehold businesses and goodwill. UKVI will not accept as investment the m...

If you invest money in your UK company which spends the money purchasing goods abroad which, for example, you then sell in the UK this is fine as long as you have valid contracts and what you do looks sensible.

My question was not answered. So I am still looking for more information or advice. Can my investments from my personal account to my company's business acoount (by the way of director's loan) be used to invest money in UK company's shares, UK bonds etc. The answer is NO, UKVI doesn't consider inve...

Hi Guys, I've got my Tier 1 £50000 enterpreneur visa approximately half year ago (April 2014) and now I have one issue. The problem is that after initial investment of £6000 (transfer from personal account to business) my business started generating profit and actaully I am able to cover all my exp...

Third party funding is fine as long as it is equity funding (ie funds from an investor).
Debt funding, such as the bank loan, will be questioned and whether or not it will be accepted will depend on your overall business proposal and business model.

The words "money must remain available to the applicant until such time as it is spent for the purposes of his business" were in the rules at the time you received your visa. They didn't make any changes, they just clarified what is meant by " spent ". In my view this applies to everyone who obtain...

It is one of the cases where UKBA has been rather clear in their guidance. As it stands at the moment "spent" for the purpose of your business excludes remuneration of the applicant. As there is no other rule to the contrary it will certainly apply for the extension applicants. I don't see why ther...

If you buy a business where 100% of the money goes to a previous owner, this will not be acceptable. It doesn't matter what type of business you buy whether hotel or something else. From my understanding this is exactly what you proposed to do in your business plan. If this is the case, UKBA decisio...

Guys I think the point 'money already spent' in policy guidance is referring for intial application for Tier 1 Entp; and as people who will apply for their extension theer will be different set of rules for extension applications, i think. So in my view you can claim the directors salary in extensi...

Hello, I've spent £170,000 using funds I deposited into my business bank account, so I know that counts as an investment of £170k. I also spent another £40k on business expenses for the same company, but I paid for those expenses directly from my personal bank account. However, again, it was for va...

Hello For my business I buy raw materials from India and design and manufacture the final product in uk so my question is the money used to buy raw materials in India will be considered as investment or the home office wants us to do the purchase in uk or eu which works out really expensive for my ...