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investing while HO is considering your application

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

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awe
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investing while HO is considering your application

Post by awe » Thu Dec 05, 2013 10:29 pm

Pls, all.
I have an on going application with the HO and my investment fund money still in the Team's joint account. I have an on going JR and my partner's application is still pending. We both made the application, while I still have 28 days on my side and he still had current stay when we applied.
My question is this, considering the uncertainity and unpreditable of the HO now a days, with the challenge that they can use any thing to deny someone,:
1. Can we go ahead and now invest the fund into the company, considering that there are already business transaction going on already, and also knowing that our application is still under going HO's Application process
2. Now, if the HO is to take a decision base on the initial 50K figure in the joint bank account, housing the investment fund. Would they find a reason to deny us, if the later check and found that the money has reduced and it does not tally with the evidence we had initially summited to them when we made our initial application.
3. Do we go ahead to invest the money or wait untill the determination of the application. And if we should invest the fund now, during the HO decision time, will they call us and demand for freash document or supporting document to show the reduction in the invest fund money in the joint bank account.

Thanks, I will appreciate your advise.

aliraza.lca
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Location: derby

Post by aliraza.lca » Thu Dec 05, 2013 11:31 pm

if money is taken out from Joint account.and trasferred to business account then u guys need to provide evidence of this like director has given loan to the company...now in ur case as ur application is already wid ho...its better to wait..but if ur seriously running a business than u can take ur money out but if HO reject ur application bcz of not sufficient funds in JA ...than its means u guys got ur visa...if u will provide same doc in appeal .... hope it wil help u ..

awe
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Posts: 4
Joined: Thu Dec 05, 2013 10:07 pm
Location: london
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Post by awe » Fri Dec 06, 2013 12:16 am

Hi,
To drive my previous questios:
1. We haven't be given visa.
2. I have a JR and my Team member has only gone to do his Biometry.
3. Application submitted within the 28days grace
4. And all investment funds and maintenace money still ly in the bank account, nothing as reduced yet.
5. Can we go ahead to invest part of the investment fund (50k) to run the company, seeing that we needed to invest this money, to get the more busines for the comapny.
6. Our concern is that, our application is still with the home office, and we do not know when they will finish with these processess.

Thanks.

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annoyedatukba
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Joined: Wed May 01, 2013 11:26 am

Post by annoyedatukba » Fri Dec 06, 2013 10:51 am

awe wrote:Hi,
To drive my previous questios:
1. We haven't be given visa.
2. I have a JR and my Team member has only gone to do his Biometry.
3. Application submitted within the 28days grace
4. And all investment funds and maintenace money still ly in the bank account, nothing as reduced yet.
5. Can we go ahead to invest part of the investment fund (50k) to run the company, seeing that we needed to invest this money, to get the more busines for the comapny.
6. Our concern is that, our application is still with the home office, and we do not know when they will finish with these processess.

Thanks.
Hi there,

There is absolutely no reason why you can't start investing your money in the business. However, and I am sure that others would agree with me, I would advise you to wait as if the HO refuses your application then you would have lost this money.

The process is quite lengthy, even without a refusal / appeal. But at the end of the day, the decision is yours.

Olasunkanmi
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Posts: 1324
Joined: Sat Aug 17, 2013 11:28 pm
Location: London, UK.

Re: investing while HO is considering your application

Post by Olasunkanmi » Fri Dec 06, 2013 11:37 am

@ awe, you didn't seem to give a clear picture of the present situation. You stated that you have pending JR, you also stated that you apply within 28days grace period and you said that your team member's still got leave.
Can you just give your timeline and full detail of your initial application and second application if applicable.

Regardless of your current situation, if your leave still permit you to work, you can invest your money in the business with all necessary evidence and documents being kept for record. You don't need to leave your 50k fund in the account if you have legitimate business transactions to do with the funds.
The key to success is knowledge and hardwork, and to have faith.

awe
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Posts: 4
Joined: Thu Dec 05, 2013 10:07 pm
Location: london
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can we go ahead and invest our 50k, considering this Backdro

Post by awe » Tue Dec 10, 2013 11:00 pm

Hi,
This is it. At the fisrt, I and my team member applied an on time application. During the first application my leave to remain was still remaining 1 month and 2week, and my friend's leave to remain was still remaining like five months, when we lodge in the first application. Just after four months later the HO rejected our application, based on that the bank letter from third party, did not follow their (Ho) formate and third part contact details were missing. Ho gave me option for appeal only and my team member an option for him to do a fresh application, considering that he stil has leave to remain.

We were advised that we both can still do a freash application provided:
1. I fill in an appeal, and then withdrawn it , when I will be submitting the second freash application with my team member, provided that this falls in within the 28 days.
2. We need to make neccessary corrections that the HO had ones rised.

This we did and submitted again another freash application.

So, the Ho office sent my friend for Biometry and returned my application form, stating that I have made an invalid application, with out putting my traveling passports. I have stated in my form that they (Ho) are in possion of all my original documents, including my passport.

I was advised to go for JR, and that is the stage that we are now. The HO has not replied me or non have they reply my team member.

So, while in this situation, our business needs money for investment so that we can catch up with the december, business opportunities, we still have the 50K still in the bank. Can we start investing this money intop the business? Our fear is that, will they HO call us if they find that this 50k has reduced, when they are taking decision, base on the initial evidents we've supplied with our application went we were submition the second application? And considering the very tied corner one is now, that we might not have any option of an Appeal again.

Please, want do you advise, urgent reply needed please.
Can we go ahead and invest, consideraing all this back drop challenges.
Thanks

Olasunkanmi
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Posts: 1324
Joined: Sat Aug 17, 2013 11:28 pm
Location: London, UK.

Re: can we go ahead and invest our 50k, considering this Bac

Post by Olasunkanmi » Wed Dec 11, 2013 5:40 pm

@ awe, you guys can invest in your business as your team member's visa is still valid as at when he applied. You can still write a comprehensive letter to them about your case while your judicial review is still on. I have heard of cases where HO returned application as invalid and after few letter they accepted their mistake and then process the application.
The key to success is knowledge and hardwork, and to have faith.

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