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http://www.ukba.homeoffice.gov.uk/sitec ... trepreneuraziz1053 wrote:provide reference & authenticate your post
Ahmed25 wrote:Bad news for all new and those applicant who havn't got their decesion till 30 jan that Tier1 (E) policies has been changed. And it will apply on all those applicant as well whose application haven't been decided till 30 jan. All the changes are bit strange they leave everything on caseworker now.
rahulsingh1 wrote:One question is - how will they keep checking if the money is continuously in the account during the 3 year period ?? It is not practical for them to call up the bank everyday is it ?
or am I missing something here ?
I don't know but there must be something to monitor this too ... Random check from ukba asking to show the activity of business etc ???rahulsingh1 wrote:no it is not-
this is the last point in the brand new T1 Ent Guidance.
* - If you already have leave as a Tier 1 (Entrepreneur) we may curtail your leave if the funds you have used to apply cease to be available to you (unless you have spent them in the establishment or running of your business or businesses). ‘Spent’ excludes spending on your own remuneration.
Sorry to all those who don't like the thread title. But in my view it is a bad news because nothing is really changed in the rules it remains same as it was before. But now the decision is more depend on caseworker rather than you documentry evidence. The new guidance is totally unclear most parts still carry big question marks and it can't be implemented by keeping the current application system (they asked us to use the same system). Anyway lets see what happen after two three days. I have lot to say about abusing the system as well but lets leave this debate for some other day.rehan01 wrote:I cant see this as a BAD NEWS, As long as you are genuine candidate and have everything planned for your business and keep working...Ahmed25 wrote:Bad news for all new and those applicant who havn't got their decesion till 30 jan that Tier1 (E) policies has been changed.....
This wont be the case anymore as they are asking to keep the funds available at all time or show the prove if invested so I think most of the abuse will be stopped as the only option people left with is to borrow money and then invest it or keep it till you are out of that route.The Station Agent wrote:This change is sensible as it allows the caseworker some flexibility, but it doesn't really go far enough in my opinion. For me this route is very open to abuse - the UKBA now realise that because they have found cases of abuse where criminal gangs are using this route. As a gang they get the money together, 1 person applies and gets in, then they transfer the money around so the next gangmember uses the same money to apply.
The route is still open to abuse in my opinion, especially as it allows for borrowed money to be used to support the application.
hi Rahul Singh 1,rahulsingh1 wrote:Sure- thats great to cut down on criminal gangs.
But It is still not clear what they mean by keeping the funds throughout ? or having access to funds throughout ?
If someone is already in the UK in this route and has setup business.
And part of his money he showed during the app process is still back in home country (Because lets say hes waiting for a favourable exchange rate to move it.).
But eventually he gets it after a year(during the 3 year visa period) and invests it.
Will his visa be rejected during the Extension as he did not keep the money in the UK throughout the 3 year period in the UK bank account ?
This is my interpretation and can be wrong. I hope I am wrong though.
Mr Judge, what is the proof for this? They never said 6 months!waqasashra1 wrote:Ukba new rule mean.
I f u already have granted visa as t 1 entrp. and u have not spent ur mony into business withen 6 mnths . They may cancel your visa into thier system any time they can check your progress into business that you have establish
Don't knw yet like you said not cleared yet so wait for the next move ... I think there will be some sort or restriction to inform HO that funds are transferred from abroad and provide proof etc but not sure or may be they grant visa for 6 months and ask to apply for extension to show the money is transferred or available to invest etc .... could be anything really but I guess it will be cleared in few days.RizKCB wrote:What could be the procedure to Watch Over the investments in business during 3 years of visa time????? Not cleared yet.
Firstly to get visa... Anything else would be next to it