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Search found 32 matches

by akap12
Fri Jun 23, 2017 8:33 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Entrepreneur visa Spending vs Investing

Hi marcnath, One last question: If i have a active business with around 30k in funds and I am predicting to have up-to 45k in my business account (as a sole trader/bank statements have my name) in about 3.5 months which is the time I will be applying for my Entrepreneurs visa, can I show my busines...
by akap12
Fri Jun 23, 2017 6:09 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Entrepreneur visa Spending vs Investing

Hi marcnath, One last question: If i have a active business with around 30k in funds and I am predicting to have up-to 45k in my business account (as a sole trader/bank statements have my name) in about 3.5 months which is the time I will be applying for my Entrepreneurs visa, can I show my business...
by akap12
Fri Jun 23, 2017 2:24 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Entrepreneur visa Spending vs Investing

Got it !
Makes sense now :)
by akap12
Fri Jun 23, 2017 1:35 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Entrepreneur visa Spending vs Investing

Also, Just to be clear I'm switching from graduate Entrepreneur to Entrepreneur
by akap12
Fri Jun 23, 2017 1:31 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Entrepreneur visa Spending vs Investing

Hi mods, I'm still confused a bit on the money aspect of the Entrepreneur visa (switching). If you have an existing business does the money you spend count as spending or investing? Is spending the same as investing ? I know the actual meanings are different but does spending count towards your 50k...
by akap12
Fri Jun 23, 2017 12:51 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Entrepreneur visa Spending vs Investing

Hi mods, I'm still confused a bit on the money aspect of the Entrepreneur visa (switching). If you have an existing business does the money you spend count as spending or investing? Is spending the same as investing ? I know the actual meanings are different but does spending count towards your 50k ...
by akap12
Wed Jun 21, 2017 1:07 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Tier 1 Entrepreneur Visa Investment (50k)

Hi everyone, I am currently a graduate entrepreneur looking to switch to my Entrepreneur Visa. I just had a quick question: I've spent around 10k on trade shows, packaging, posting parcels, warehouse/storage and so on for my business as a sole trader (Online Business). Does all of this get deducted...
by akap12
Wed Jun 21, 2017 3:22 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Third Party Funding Query: Tier 1 Entrepreneur

Hi everyone,
Just wanted to ask:
Do i need a "third party funding" declaration for money kept more than 90 days before the application?
(My sibling just transferred me some money and i am applying after 3.5 months/switching from graduate entrepreneur to entrepreneur)

Thanks in advance ! :)
by akap12
Tue Jun 20, 2017 11:57 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Tier 1 Entrepreneur Visa Investment (50k)

Hi everyone, I am currently a graduate entrepreneur looking to switch to my Entrepreneur Visa. I just had a quick question: I've spent around 10k on trade shows, packaging, posting parcels, warehouse/storage and so on for my business as a sole trader (Online Business). Does all of this get deducted ...
by akap12
Tue May 23, 2017 8:59 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Switching from Tier 1 Graduate Entrepreneur to Entrepren

Revenue is NOT investment. If you saved money from your business after taxes, you can invest that. Money kept in a business bank account is NOT your INVESTMENT. That belongs to the company and taxes must be paid from it to the government. It is not your money. Also when claiming investment, you mus...
by akap12
Tue May 23, 2017 1:26 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Re: Switching from Tier 1 Graduate Entrepreneur to Entrepren

Funds either must be available to you personally or invested in the business as given per guide. You cannot count revenue generated in the business as investment !! - But the money generated from my business is personally available to me for further investments? Is there a difference if the money i...
by akap12
Tue May 23, 2017 1:31 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur Visa Third Party
Replies: 48
Views: 2142

Switching from Tier 1 Graduate Entrepreneur to Entrepreneur

I am surprised there isn't much information available online on this topic. Hmmm Hey guys, I have a few questions about this since I will be switching in about 6 months. It would be great if someone with prior experience to switching from Graduate Entrepreneur to Entrepreneur visa could help me out ...
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