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Tier 1 Entre important Query

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

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hammad1224
Junior Member
Posts: 91
Joined: Tue Nov 06, 2012 1:57 pm

Tier 1 Entre important Query

Post by hammad1224 » Tue Mar 19, 2013 12:57 pm

My PSW visa is expiring in August 2013. Is there any significant changes in tier 1 Entre which I should worry at this time?

I am maintaining £1400 funds at the moment. As far as I am aware I need the following

-Opening a company in the last three months of expiry of my visa
-Current appointment report from HMRC
-£50,000 funds. I will have these in June or July 2013. Is there any minimum requirement for them like the other £900 funds i.e. 90 days etc.
-Contracts, Adverts, website, business cards etc
-Practicing certificates, Professional Indemnity Insurance.
- I do not have any UK Masters or BSc degree for English Language purposes. I have ACCA membership certificate based on which I have taken PSW. Can I use ACCA qualification to Satisfy the English Language requirement? I have done the whole of the ACCA in UK in LCA and this can be found in the point based calculator.

2nd Option;

In addition, I am offered a directorship in an accountancy practice. I haven't taken it yet based on the UKBA last three month rule.

The exiting director in the accounting practice has already applied for tier 1 ent and his application is still pending. Can I join this firm as a director without any serious implications.

-I will send the new company appointment report
-The same company website
-New adverts of same company
-New contracts

I am doing this to save the initial cost and spend £50,000 on expansion of the firm.

I personally want to go for the 2nd option. If I have missed any thing please let me know.

regards

monolyte
Member
Posts: 176
Joined: Tue Nov 27, 2012 2:01 pm

Re: Tier 1 Entre important Query

Post by monolyte » Tue Mar 19, 2013 1:26 pm

hammad1224 wrote:My PSW visa is expiring in August 2013. Is there any significant changes in tier 1 Entre which I should worry at this time?

I am maintaining £1400 funds at the moment. As far as I am aware I need the following

-Opening a company in the last three months of expiry of my visa
-Current appointment report from HMRC
-£50,000 funds. I will have these in June or July 2013. Is there any minimum requirement for them like the other £900 funds i.e. 90 days etc.
-Contracts, Adverts, website, business cards etc
-Practicing certificates, Professional Indemnity Insurance.
- I do not have any UK Masters or BSc degree for English Language purposes. I have ACCA membership certificate based on which I have taken PSW. Can I use ACCA qualification to Satisfy the English Language requirement? I have done the whole of the ACCA in UK in LCA and this can be found in the point based calculator.

2nd Option;

In addition, I am offered a directorship in an accountancy practice. I haven't taken it yet based on the UKBA last three month rule.

The exiting director in the accounting practice has already applied for tier 1 ent and his application is still pending. Can I join this firm as a director without any serious implications.

-I will send the new company appointment report
-The same company website
-New adverts of same company
-New contracts

I am doing this to save the initial cost and spend £50,000 on expansion of the firm.

I personally want to go for the 2nd option. If I have missed any thing please let me know.

regards
JUST READ THE CURRENT POLICY AND NEVER DONT DEPEND ON WHAT PEOPLE TELL YOU.
http://www.ukba.homeoffice.gov.uk/sitec ... dance1.pdf

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