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Release of Funds given for Entrepreneur visa

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

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Wind
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Posts: 1
Joined: Sat Apr 27, 2013 7:50 am
Location: UK

Release of Funds given for Entrepreneur visa

Post by Wind » Sat Apr 27, 2013 8:09 am

I am providing GBP 50K to my son who has completed 9 years in UK and currently on PSW which will expire 9 months before he becomes eligible for ILR on 10 years of legal stay. Hence he would need to be in Tier 1 entrepreneur visa for 9 months and after this period I would need the funds.

1.The sum given to him should be declared as loan by him so that it can be returned by the company/ individual after 9 months? Can any one please confirm the feasibility of this and the way this should be done .

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