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EL CHOLO CARAYOL wrote:Hi,
Could anyone enlighten me on the following situation:
Person X is on Tier 4 in UK with visa ending in June 2016.
Person X wants to switch to T 1, has £50 K from VC.
Person X wants to form entrepreneurial team with Person Y.
Person Y is on Tier 5 with visa finishing in Nov 2015.
Assuming Person Y cannot switch to Tier 2, Person Y will have to go back to home country to seek to apply for Tier 1.
So my question is the following:
Can Person X and Y apply for T 1 together as an entrepreneurial team in this situation in Nov 2015?
The obvious problems are:
Can Person X switch from T 4 to T1 in Nov 2015 when T4 visa is expiring in June 2016?
Can Person X switching inside the Uk form entrepreneurial team with Person Y applying from outside the UK?
Code: Select all
If you are in the UK with permission to stay as:
- a Tier 4 migrant
- a Student nurse
- a Student
- a Student writing up a thesis
- a Student re-sitting an examination
- a Postgraduate Doctor or Dentist
you are allowed to make an initial application in the UK (including switching from one immigration category to another) only if you have specific types of funding. You must have access to £50,000 or more from:
i) one or more registered venture capital firms regulated by the Financial Conduct Authority (FCA);
ii) one or more UK entrepreneurial seed funding competitions which is listed as endorsed on the UK Trade & Investment (UKTI) website; or
iii) one or more UK Government Departments or Devolved Government Departments in Scotland, Wales or Northern Ireland, which is made available by the Department(s) for the specific purpose of establishing or expanding a UK business.