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Visa due for extension, no investment made yet

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

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Julz
Newly Registered
Posts: 3
Joined: Fri Aug 16, 2013 3:27 pm

Visa due for extension, no investment made yet

Post by Julz » Sat Aug 17, 2013 12:13 pm

Hi guys

My Entrepreneur visa extension is due in 16 months and I am not sure what to do to secure my visa!

I have not yet invested the £200K - the rules were looser in the past and it was not a requirement... I am running my small business but it does not require investment as such so how am I supposed to spend £200k??

Is anyone in the same situation?

Thanks!

rizwan567
Diamond Member
Posts: 1098
Joined: Sat Mar 23, 2002 1:01 am
Location: Greater London

Post by rizwan567 » Sat Aug 17, 2013 12:16 pm

Can you prove that rules were different at the time of you securing visa. That will be great if you can share the evidence. Then we can take it on from there.

To my mind rule was always that you need to invest within the UK the claimed investment.

saeedusman
Member of Standing
Posts: 264
Joined: Fri Jan 15, 2010 12:06 am

Post by saeedusman » Sat Aug 17, 2013 12:53 pm

IF you have 200k, then buy some commercial property and show your business trading from there. ThAT is ONLY if you don't anything to do on top of your head. The property prices are going UP next years anyway.

buntyz
Member
Posts: 126
Joined: Tue Feb 07, 2012 12:01 am
Location: wales

Post by buntyz » Mon Aug 19, 2013 3:30 pm

hi julz
i think u do not need to invest all the money as a requirement for visa extension.wateva money left from 200k ftr investing shud b in your account.u need to fufil other requirements job req n stuff.

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