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close business and bankruptcy

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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karim12345
Newly Registered
Posts: 27
Joined: Mon Jan 22, 2018 1:39 am
Lebanon

close business and bankruptcy

Post by karim12345 » Thu May 02, 2019 11:43 am

Hi All ,
Now i spent the 200k as a full amount as the visa require and obviously i have spent more than this but what happened is i m now losing my business and there is no profit and all the study was done including the location,business plane,demographic for the area ,equipment , contractors,etc. and honestly they asked for lot of money for this , the situation now is nothing from what the business plane numbers r real and i think im gone a loss the business & my money as well im very desperate now and really dont know what to do to save my visa
my question is

1- this business dosent bring any profit and i dont have more money to put on to keep it running so if sell it or close it , still be able to apply for my extension ?
2- if i close it and i make bankrupt still be able to apply for my extension ?

if any one have any advice pleas let me know .
thanks.

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CR001
Moderator
Posts: 88571
Joined: Thu Mar 08, 2012 10:55 pm
Location: London
Mood:
South Africa

Re: close business and bankruptcy

Post by CR001 » Thu May 02, 2019 11:53 am

Please continue in your existing topic. Your previous post today was merged, if you took the time to read the Topics Merged link that I posted!!!

uk-tier-1-entrepreneur-visas/bankruptcy-t280487-20.html
Char (CR001 not Casa)
In life you cannot press the Backspace button!!
Please DO NOT send me a PM for immigration advice. I reserve the right to ignore the PM and not respond.

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