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Funds available tier 1 ent

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

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hnav
Junior Member
Posts: 71
Joined: Sun Jun 30, 2013 4:48 am

Funds available tier 1 ent

Post by hnav » Sun Jun 30, 2013 6:41 am

Hi

Actually I have a question regarding a letter received in march from UKBA in which written about rules changes of tier 1 entr. A new requirements for applicant to hold the necessary minimum funds (or invest them in business ) on an ongoing bases rather than solely at the

In those statements i maintained all funds 50k but before received letter on March i transfer 2 k in my another account for three weeks thats means for 3 weeks i had 48k in my account as soon as i knew about new rules than I start to maintained all 50k in my account

Is it any problem regarding this 2k short for 3 weeks or they will consider my maintained funds from March when I received rules change letter from them

Any suggestion

Much appreciated.
Last edited by hnav on Mon Jul 01, 2013 3:22 am, edited 1 time in total.

cappachino
Member of Standing
Posts: 490
Joined: Mon Mar 25, 2013 9:24 pm
Location: LONDON

tier 1

Post by cappachino » Sun Jun 30, 2013 6:55 am

Where did u read this
Maintenance amount is to be held consecutively u r mixing the two

Entrepreneur9
Member of Standing
Posts: 290
Joined: Sat Mar 02, 2013 11:14 pm

Re: Funds available tier 1 ent

Post by Entrepreneur9 » Sun Jun 30, 2013 5:16 pm

First of all I dont understand why you submitted statements from the date of application till interview date?

What was the need to do so?

You should have just provided statements from March or April 2013 till the interview date where you had maintained the full 50K

Its common sense, isnt it?

Anyways you have created a problem for yourself.

They may investigate further and question you.

But as you have maintained the 50K since then, I dont think that should be a problem.

Good Luck
hnav wrote:Hi

Actually I have a question regarding a letter received in march from UKBA in which written about rules changes of tier 1 entr. A new requirements for applicant to hold the necessary minimum funds (or invest them in business ) on an ongoing bases rather than solely at the time of application.

I have applied before 31of Jan 2013 and attended interview last week and submit my bank statements since applied date to till current date, In those statements i maintained all funds 50k but before received letter on March i transfer 2 k in my another account for three weeks thats means for 3 weeks i had 48k in my account as soon as i knew about new rules than I start to maintained all 50k in my account

Is it any problem regarding this 2k short for 3 weeks or they will consider my maintained funds from March when I received rules change letter from them

Any suggestion

Much appreciated.

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