Important query

[hammad1224]

Hi,

My PSW visa expires in August 2013 and want to know that my brother is running a successful accountancy practice. Can i become a director in his company within the last three months of expiry of my visa, while taking in to account that my brother has already applied Tier 1 Entp visa based on this company and is still in progress?

I am also ACCA and I have ACCA practicing certificate. The reason I am doing this is to save the initial costs and I want to spend the £50,000 on the expansion of our firm not wasting it on initial costs as he has already spent huge costs.

[tuliprose]

Hi,

My PSW visa expires in August 2013 and want to know that my brother is running a successful accountancy practice. Can i become a director in his company within the last three months of expiry of my visa, while taking in to account that my brother has already applied Tier 1 Entp visa based on this company and is still in progress?

I am also ACCA and I have ACCA practicing certificate. The reason I am doing this is to save the initial costs and I want to spend the £50,000 on the expansion of our firm not wasting it on initial costs as he has already spent huge costs.

To claim the required points, you must show that either you have invested the required level of funds or you have access to it.

If some of the money has been invested into a business in the UK, the balance of funds must be held in a regulated financial institution and disposable in the UK. In this case you should use the evidence required for the previous investment of money together with the evidence required for your access to the balance of sufficient funds to meet the requirement.

You cannot claim the point just because he has invested £50,000 for his visa and you will invest more at the time of extension.

[rizwan567]

Hi,

My PSW visa expires in August 2013 and want to know that my brother is running a successful accountancy practice. Can i become a director in his company within the last three months of expiry of my visa, while taking in to account that my brother has already applied Tier 1 Entp visa based on this company and is still in progress?

I am also ACCA and I have ACCA practicing certificate. The reason I am doing this is to save the initial costs and I want to spend the £50,000 on the expansion of our firm not wasting it on initial costs as he has already spent huge costs.

Yes, u can.