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Income threshold

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

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha

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10020132
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Income threshold

Post by 10020132 » Thu Feb 09, 2017 10:13 am

Is there any income threshold for tier 1 entrepreneur when they apply to indefinite leave to remain?

Thanks in advance
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CR001
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Re: Income threshold

Post by CR001 » Thu Feb 09, 2017 10:18 am

No
Char (CR001 not Casa)
In life you cannot press the Backspace button!!
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sm12
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Re: Income threshold

Post by sm12 » Thu Feb 09, 2017 3:11 pm

But wouldn't HO expect at least some salary? One has to prove that one has enough finance to not have to rely on public funds.
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zimba
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Re: Income threshold

Post by zimba » Thu Feb 09, 2017 3:46 pm

sm12 wrote:But wouldn't HO expect at least some salary? One has to prove that one has enough finance to not have to rely on public funds.
Yes you should show that but there is no threshold.
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice
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sm12
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Re: Income threshold

Post by sm12 » Thu Feb 09, 2017 5:26 pm

zimba88 wrote:
sm12 wrote:But wouldn't HO expect at least some salary? One has to prove that one has enough finance to not have to rely on public funds.
Yes you should show that but there is no threshold.
Thank you for your reply.

If the applicant's business is in loss, can the person show savings instead of a salary? Or would it be preferable to draw a small salary against the revenue generated?
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zimba
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Re: Income threshold

Post by zimba » Thu Feb 09, 2017 5:39 pm

Again, there is no rule regarding this. It is up to you
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice
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