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Tier 1 Enterpreneur Extension Questions regarding Dir Loan

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

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Tanzeela17
Newly Registered
Posts: 3
Joined: Wed Oct 22, 2014 10:39 am

Tier 1 Enterpreneur Extension Questions regarding Dir Loan

Post by Tanzeela17 » Wed Jun 03, 2015 11:52 am

Hello everyone
I would appreciate ur help
Questions :
1: transfer money from personal account to business account would be considered investment ?
Or money should be spent like I read money should not be lying into business account ?
Like company is making profit every year then director loan would be remained in business account

2: is it acceptable if money has been transferred from personal to business account by small instalments like £5000,£2000 at different times ? Like from year 1 to year 3 period of time ?
Many thanks
My extension is due at the end of this year.

Tanzeela17
Newly Registered
Posts: 3
Joined: Wed Oct 22, 2014 10:39 am

Tier 1 extension question investment by instalment

Post by Tanzeela17 » Wed Jun 03, 2015 1:40 pm

Hello

Question

Is it acceptable if I invest money mean transfer money from personal into business by small portion of amount at different times ?
Like if I transfer £5000 each time in the period of 3 years before applying extension ?

I would appreciate if u help
Thanks
Tanzeela

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umer.shahzad1
Member of Standing
Posts: 283
Joined: Fri Apr 25, 2014 11:15 pm
Pakistan

Re: Tier 1 extension question investment by instalment

Post by umer.shahzad1 » Thu Jun 04, 2015 1:43 pm

You have to show that you have invested in your business either 50k or 200k in your initial Leave to Remain either you do in one shot or in installment it all depends upons the business if your business is huge then you can invest 50k in one shot Hope so that clarify your Question

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