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Tier-1 Entrepreneur on basis of PSW 50k route...Some Advise

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

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Innovativexperts
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Posts: 25
Joined: Sun Oct 28, 2012 12:19 pm
Location: LONDON

Tier-1 Entrepreneur on basis of PSW 50k route...Some Advise

Post by Innovativexperts » Sun Oct 28, 2012 1:12 pm

Hi,
I am applying for Tier-1 Entrepreneur on basis of PSW. I have 50k in my personal UK bank and my company is not more than 90 days old. I have prepared following checklist for application.

1. Tier 1 Application Form along with Dependent Application form.
2. Two Picture mine and dependent.
3. Passports mine and dependent.
4. Personal Bank statements (I have shown £55,000- in UK personal Bank Account , also same account for maintenance for me and my dependent)
5. My Company Documents (Company house certificate, Director Appointment Letter from my company accountant. / Letter stating I am Company's Director, Article and Memorandum)
6. Copies of my Company's advertisement of Websites
7. Job Description on my company's Letterhead stating SOC code/ Job Title and Description which is on of UKBA code of practice list.
8. My Master's degree and University Transcript.
9. My Solicitor attached covering letter.

Please suggest me suggest me is there anything missing in above list.

Also help me about following question which are in my mind.

1. Do I need letter from bank about funds or just my personal bank statement is enough showing ending balance of 55k £.
2. How to explain to case worker about Funds and maintenance is in same account. Is there any need to attached cover letter for that?
3. Is there any Business Plan requirement?
4. Is there any contract requirement?
5. Also confirm me (£900 me + £600 dependent) maintenance funds?
6. If I am company director still I need to show register as self-employed?

I am looking forward professional advice on above matter.

Thanks,

saeedusman
Member of Standing
Posts: 264
Joined: Fri Jan 15, 2010 12:06 am

Post by saeedusman » Sun Oct 28, 2012 1:45 pm

Best of luck.

To me everythings seems OK other than that you have attached any contract for your work to show active engagement in the work you are doing.

No business plan or self employment is needed.

I will definitely attach an explanation letter for maintainance and investment funds to make it clear for the case worker that maintainance funds (900 for main app. + 600 per dependant) are in the account for more than 90 days as required from UKBA.

Again, better to put some more effort on marketing/advertisement side of the company. e.g. company website even 3-4 pages, some contract for previous or ongoing work etc.....

Cheers

Innovativexperts
Newly Registered
Posts: 25
Joined: Sun Oct 28, 2012 12:19 pm
Location: LONDON

Post by Innovativexperts » Sun Oct 28, 2012 1:53 pm

Thanks for your advise,

Also suggest me one more thing I am currently appointed as Director in 4 companies and it is showing in director appointment report got from companies house.

Please suggest..

saeedusman
Member of Standing
Posts: 264
Joined: Fri Jan 15, 2010 12:06 am

Post by saeedusman » Sun Oct 28, 2012 1:59 pm

Honestly, this is very technical. Cannot give any comments.

Logically, if you are director in 4 companies and all of them doing Level 4 or above business and same is your post, so it should be OK.

Better wait for some more suggestions from experts.

Regards,

Innovativexperts
Newly Registered
Posts: 25
Joined: Sun Oct 28, 2012 12:19 pm
Location: LONDON

Post by Innovativexperts » Sun Oct 28, 2012 2:08 pm

Thanks ,

Waiting for Expert Advise from Someone.

Innovativexperts
Newly Registered
Posts: 25
Joined: Sun Oct 28, 2012 12:19 pm
Location: LONDON

Post by Innovativexperts » Sun Oct 28, 2012 6:45 pm

1. Do I need letter from bank about funds or just my personal bank statement is enough showing ending balance of 55k £.

Innovativexperts
Newly Registered
Posts: 25
Joined: Sun Oct 28, 2012 12:19 pm
Location: LONDON

Post by Innovativexperts » Fri Nov 30, 2012 1:52 pm

Posted: Thu Nov 29, 2012 6:22 pm Post subject: UKBA Query about documents
Hi,

I have applied for Tier 1 (Ent) .....

I have some question about UKBA quries.

1) If I had representative, So Still UKBA contact me about query ?
2) If they call do they call from "Blocked" number?
3) If I missed their call and no voice mail left then what happen?

Thanks,

rehan01
Diamond Member
Posts: 1635
Joined: Fri Aug 10, 2012 7:05 am
Location: London

Post by rehan01 » Sun Dec 02, 2012 8:00 pm

Dear Guys,

Kindly could you please look into my post regarding the queries I have regarding the Tier 1 and please advise if possible.

regards

Rehan

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