Ali Kazmi wrote:Hello there
My uncle is settling a business in Uk. We two guys formed an entrepreneur team i have got all the documents with me showing the investment of 200K but some of the money is locally held in bank of the country in which i am living. Tier 1 entrepreneur says you must have access on £200k he do have the access but some amount is not in the uk but other country bank account.
So is it applicable if we show that statement along with Uk bank statement?
Hi
You must show that both of you have access to 200k. for example, he can show a bank letter that he has 100k in his bank account in UK, and you show that you have access to 100k in your country bank (a local bank letter from your bank). then both join as a team.
but Im not sure if you can apply as a entrepreneur team from 2 different countries. in my case, I had a friend in Bahrain and I was in Dubai and wanted to apply as a team which finally we got to know that we both should be from Dubai residence or bahrain residence.
check the Appendix P for list of approved financial institutions, :
https://www.gov.uk/government/uploads/s ... _final.pdf
as per this only specific branch of Pasargad and Parsian are accepted.
