Tier -1 Entrepreneur Application for Team of 2 members

Hi every one ,

thanks for this beautiful & useful website .

Would some one advise me for Tier -1 Entrepreneur migration , we are a team of 2 members each one have an access to 100000GBP , do we have to apply separately ? or one application form ?

For the founds is it better to make a joint account , or keep each 100 000 in personal account ?

thanks a lot for supporting us .

@ yassin, its better to keep 200k in a joint account and both of you will need to give each other a declaration letter signed by a legal representative stating that you both have equal access/control to the 200k funds in the joint account.

Thanks a lot Bro.

For How long time i have to keep this amount without using it , can you explain the found flow? , if i took the bank letter to state that we do have access to 200K GBP , can i use the money after that ? ,

Thanks in Advance

@ yassin, there is no time frame to keep your 200k in the bank, you just need to give evidence that 200k is available to you at the time of your application. You are also advised to leave the 200k in the bank account until after you get your visa but its your choice if you want to use it for other purpose apart from your business. But if you intend to use it for your business expenses, and running cost, e.t.c. then its allow as its part of the investment.

Thanks a lot Bro ,

Would you Pls. send me the step by step procedure for the documentation,i really dont want to higher a lawyer and i want to fill all the form my self ,sure with your kind support .

Is it better to apply for me first and after getting the visa i will apply for my dependent , to prevent money loos in case of rejection ?

Can i get a sample of business plan for house hold and lighting business .


Thanks in advance

@ yassin, you will need to read the policy guidance and immigration rules first to get a step by step process for your documentation after which you can then post any section which you dont understand for forum members to explain.

Its your choice also if you decide to apply alone before your dependants applications as nobody can forsee HO decision in both scenerio.

The copy of business plan is already on the forum, you will have to ammend to your specific business sector.

@ Olasunkanmi I really appreciate your kind support .

Would you Pls. send me the link of the business plan as i can't find it .

Regards

Sample business plans;

http://www.bplans.co.uk/sample_business_plans.cfm 

http://www.smarta.com/tools/business-plans/