ILR TIER 1 ENTREPRENEUR BUSINESS REQUIREMENT
Posted: Wed Feb 21, 2018 6:25 pm
Dear Experts,
I am applying for ILR early next year 2019 under Tier 1 Entrepreneur 200000 pounds 5 years route. I have got my extension last year 2017. Actually I have got a good offer to sale my current business (Food Business - Restaurant), which is really attractive.
I am really curious if the rules allows me then I want to book the profits (capital gain) from the current business.
And I will start searching for a new business. Though I am willing to retain my Employees (My Manager and Relation Ship Officer). I will fulfil the Employment requirement of two full time jobs for 12 months by July 2018. I will retain my company and Directorship under which I am running my current business. I am only planning to sell the business premises.
Kindly let me know if am I allowed to execute the above as per the rules without disturbing my ILR application early next year.
Looking forward to your expert opinions.
Regards to all in the forum.
I am applying for ILR early next year 2019 under Tier 1 Entrepreneur 200000 pounds 5 years route. I have got my extension last year 2017. Actually I have got a good offer to sale my current business (Food Business - Restaurant), which is really attractive.
I am really curious if the rules allows me then I want to book the profits (capital gain) from the current business.
And I will start searching for a new business. Though I am willing to retain my Employees (My Manager and Relation Ship Officer). I will fulfil the Employment requirement of two full time jobs for 12 months by July 2018. I will retain my company and Directorship under which I am running my current business. I am only planning to sell the business premises.
Kindly let me know if am I allowed to execute the above as per the rules without disturbing my ILR application early next year.
Looking forward to your expert opinions.
Regards to all in the forum.