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200k cat outside uk...any comments??

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

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hards9256
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200k cat outside uk...any comments??

Post by hards9256 » Mon Aug 12, 2013 9:05 am

I got 70k in UK account on my own name and my team member is in india so what letter do i need to prove it that my team member have an access to my 70k in UK??
The rest 130k is in my home country in our joint account.

Thanks in advance.

BlackBirdSSG
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Posts: 264
Joined: Mon Feb 25, 2013 5:28 pm

Post by BlackBirdSSG » Mon Aug 12, 2013 2:37 pm

First and foremost, both you and your team member must apply from either India (together) or from UK (together).

Assuming you are applying from India, you (A) and your partner (B) must make sure that both of you have access of £200K

A must give access of £70K to B.
A must also get access to £130K from B.
(and vice versa)

For that, you need to:
i) find a bank which is regulated by local governing body.
ii) Official Affidavit confirming access of 200K in total to both parties. You may need to involve solicitor.

Kindly look into Annex (last few pages) of policy guidance to see the acceptable format by UKBA (Annex-E Template)
Link : http://www.ukba.homeoffice.gov.uk/sitec ... dance1.pdf

hards9256
Newbie
Posts: 32
Joined: Wed Aug 07, 2013 5:11 pm
Location: Bristol
Contact:

Post by hards9256 » Mon Aug 12, 2013 3:11 pm

Thanks for reply...appreciate..
Account in India consist both A and B.
1) Does affidavite has to be from Indian lawyer as both applicants in India now.??

Thanks

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