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What's the meaning of investing 200k in UK

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

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wannaknow
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Posts: 11
Joined: Tue Apr 28, 2015 6:45 am

What's the meaning of investing 200k in UK

Post by wannaknow » Thu Apr 30, 2015 2:27 am

dear entrepreneurs.
i want to apply for a T1 E route 200k from outside uk. as far as i know i have to invest 200k in the uk and create 2 full time jobs for 12 months. to extend the visa after 3 year they will verify the business, the jobs, etc....
my question is:
Do i have to blow up this 200k in order to be qualify as someone who invest 200k? or it means put this amount of money on the company's account ?
can anyone please tell me what it means? i dont find myself very comfortable with just spending the money weather things are working out or not.
please your experience will help.

wannaknow
Newly Registered
Posts: 11
Joined: Tue Apr 28, 2015 6:45 am

Re: What's the meaning of investing 200k in UK

Post by wannaknow » Thu Apr 30, 2015 2:40 am

Anyone have any idea?

toghraee
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Posts: 31
Joined: Fri Jan 16, 2015 8:15 pm
Iran

Re: What's the meaning of investing 200k in UK

Post by toghraee » Thu Apr 30, 2015 2:49 pm

Hi

you need to invest this money to your company. spending and keeping it in your company account.
you cannot buy property
you cannot use it for your residential accommodation

after 3 years you need to show that how you have done with this 200k , how it is spent and remainings in your company account.

also there is no need to transfer or invest this money at 1 shot.

to apply for this visa you need to show that you have 200k available in your bank account, by providing a letter from bank.

wannaknow
Newly Registered
Posts: 11
Joined: Tue Apr 28, 2015 6:45 am

Re: What's the meaning of investing 200k in UK

Post by wannaknow » Sat May 02, 2015 11:49 am

Toghraee thanks for your explanation.
In other words it means put this amount of money in my company's account. How it's spent is up to the company's needs or business strategies right?

khandrakhan
Newbie
Posts: 40
Joined: Sat May 02, 2015 6:29 pm

Re: What's the meaning of investing 200k in UK

Post by khandrakhan » Sat May 02, 2015 7:20 pm

Question: How do I show investment if I am self employed?

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