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Enterpenure VISA Bank Statement:

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

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

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samkhan
Newly Registered
Posts: 2
Joined: Wed Jun 26, 2013 4:53 pm
Location: UK

Enterpenure VISA Bank Statement:

Post by samkhan » Wed Jun 26, 2013 4:58 pm

HI Guys,

I am on PSW and hv 14months visa yet.I am already doing the business in uk i want to confirm can i show the 50K in my business account or not ?
Please reply.........!!

KickAss
Member of Standing
Posts: 294
Joined: Mon Jan 02, 2012 8:36 pm
Location: Surrey

Re: Enterpenure VISA Bank Statement:

Post by KickAss » Wed Jun 26, 2013 6:33 pm

samkhan wrote:HI Guys,

I am on PSW and hv 14months visa yet.I am already doing the business in uk i want to confirm can i show the 50K in my business account or not ?
Please reply.........!!
No
Read policy guidelines
Dont PM me.. Post it on the Forum ! It will help everyone :)
You can PM me the link or something specific to you.

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

Re: Enterpenure VISA Bank Statement:

Post by rehan01 » Wed Jun 26, 2013 7:21 pm

Funds need to be personal account not business as mention by other team member follow policy guidance

Regards
samkhan wrote:HI Guys,

I am on PSW and hv 14months visa yet.I am already doing the business in uk i want to confirm can i show the 50K in my business account or not ?
Please reply.........!!

samkhan
Newly Registered
Posts: 2
Joined: Wed Jun 26, 2013 4:53 pm
Location: UK

Post by samkhan » Thu Jun 27, 2013 11:02 am

Hi Guys,
If NO,Then what the clause 2 mentioned below in the policy guide ???
Please clarify your answers.Thanks

On 31 January 2013 the Immigration Rules changed to tackle abuse on this route, while
leaving genuine entrepreneurs unaffected.
The changes are:
• Where we have concerns, we may ask you to demonstrate that the funds you
have used to apply remain available to you beyond the date of your application. The
funds must continue to be available to you until they are spent by your business or
businesses. ‘Available to you’ means that the funds must be:
(1) in your own possession; or
(2) in the financial accounts of a UK incorporated business of which you
are the director; or
(3) available from the third party or parties named in your application (if
applicable).
• If you are applying on or after 31 January, the declaration from your third party

Darvesh
Member of Standing
Posts: 444
Joined: Wed Feb 27, 2013 11:44 pm
Location: London
United Kingdom

Post by Darvesh » Thu Jun 27, 2013 12:07 pm

@samkhan
Hi Guys,
If NO,Then what the clause 2 mentioned below in the policy guide ???
Please clarify your answers.Thanks

On 31 January 2013 the Immigration Rules changed to tackle abuse on this route, while
leaving genuine entrepreneurs unaffected.
The changes are:
• Where we have concerns, we may ask you to demonstrate that the funds you
have used to apply remain available to you beyond the date of your application. The
funds must continue to be available to you until they are spent by your business or
businesses. ‘Available to you’ means that the funds must be:
(1) in your own possession; or
(2) in the financial accounts of a UK incorporated business of which you
are the director; or
(3) available from the third party or parties named in your application (if
applicable).
the above mentioned applicable to those who got T1E visa already or their application in process.

for those making application they must show funds in personal account though during application processing if u need to use funds then u can transfer to ur business account.

(2) in the financial accounts of a UK incorporated business of which you
are the director; or


this clause applicable once u got visa not when u apply for visa unless u have joined already established business.

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