will aged father, daughter team have a chance of approval?

[famous]

hi,
my father is about 69 years old and im hitting 40. i would like to know what are the chances of us getting the entrepreneur visa? we are applying with 200k, from outside the uk. we want to invest in an existing company in the uk. how should we answer convincingly in the interview, if they ask us about father's age factor?
would appreciate ur feedback. has anybody made a team with family member especially with a parent of old age?

regards

[adi786]

There is no such restriction as age in order to obtain entrepreneur visa. All they required is money is available for both of you to spend in the UK business. I think when you and your Father establishing a team you both need a legal letter from each other which state that money is available for your dad and wise versa because my friend had similar type of case in which his wife was his partner and they did not include a letter so HO refused the case so better to double check with your legal representative


but i m sure age is not a factor. All UK want is Money Money Money to invest in our economy

GUD LUCK

[famous]

[quote="adi786"]There is no such restriction as age in order to obtain entrepreneur visa. All they required is money is available for both of you to spend in the UK business. I think when you and your Father establishing a team you both need a legal letter from each other which state that money is available for your dad and wise versa because my friend had similar type of case in which his wife was his partner and they did not include a letter so HO refused the case so better to double check with your legal representative


but i m sure age is not a factor. All UK want is Money Money Money to invest in our economy

GUD LUCK[/quote]

Ok thank you for the tip.

[Mr Legal]

hi,
my father is about 69 years old and im hitting 40. i would like to know what are the chances of us getting the entrepreneur visa? we are applying with 200k, from outside the uk. we want to invest in an existing company in the uk. how should we answer convincingly in the interview, if they ask us about father's age factor?
would appreciate ur feedback. has anybody made a team with family member especially with a parent of old age?

regards

No restriction on age and family member to apply for ENt:T1 as a Team.
You need to provide a concrete and excellent business plan with set aside amounts of money for investment. If the amount is not in the joint account ,then the declaration is required from the holder in favour of team member which must be verified through a letter from a lawyer.

[rehan01]

No age restriction ... But as advices by other team member u will need to show solid business plan that how u will invest n ur business will be sucessfull ... Full access to funds and if money is in joint account u still need declaration that you both have equal access to funds .... I knw its sound silly but typical ukba style.

Regards

hi,
my father is about 69 years old and im hitting 40. i would like to know what are the chances of us getting the entrepreneur visa? we are applying with 200k, from outside the uk. we want to invest in an existing company in the uk. how should we answer convincingly in the interview, if they ask us about father's age factor?
would appreciate ur feedback. has anybody made a team with family member especially with a parent of old age?

regards

No restriction on age and family member to apply for ENt:T1 as a Team.
You need to provide a concrete and excellent business plan with set aside amounts of money for investment. If the amount is not in the joint account ,then the declaration is required from the holder in favour of team member which must be verified through a letter from a lawyer.

[famous]

Hi rehan, thank you for your input. ill keep ur tips in mind but i was just wondering. ukba hasnt mentioned in required documents list that if 200k is in joint account, we still need to provide declaration. isnt that required for third party funding? how does one guess what ukba wants if they want something more than the required documents list that they have posted on their website?
one more thing, do we need to have this declaration signed by a lawyer or can we just type it out on a legal stamp paper and sign it ourselves?
look forward to your reply.

thanks and regards

[rehan01]

Yes u r right policy guidance is not very clear ... Ideally money in joint account should mean both have equal access but the reason we need declaration if funds in joint account is that the both candidate r legally bond and allowing each other to have access to each other funds and ofcourse that declaration need to be signed in front of solicitor and also need a leeter from solicitor too confirming that its been signed it front n I verify etc.

Hope it help

Hi rehan, thank you for your input. ill keep ur tips in mind but i was just wondering. ukba hasnt mentioned in required documents list that if 200k is in joint account, we still need to provide declaration. isnt that required for third party funding? how does one guess what ukba wants if they want something more than the required documents list that they have posted on their website?
one more thing, do we need to have this declaration signed by a lawyer or can we just type it out on a legal stamp paper and sign it ourselves?
look forward to your reply.

thanks and regards

[famous]

one more thing...can u pls share a template of thsi declaration and also what kind of letter lawyer ahs to sign and give to us.

thank you

[TSAZ]

hi,
my father is about 69 years old and im hitting 40. i would like to know what are the chances of us getting the entrepreneur visa? we are applying with 200k, from outside the uk. we want to invest in an existing company in the uk. how should we answer convincingly in the interview, if they ask us about father's age factor?
would appreciate ur feedback. has anybody made a team with family member especially with a parent of old age?

regards

No restriction on age and family member to apply for ENt:T1 as a Team.
You need to provide a concrete and excellent business plan with set aside amounts of money for investment. If the amount is not in the joint account ,then the declaration is required from the holder in favour of team member which must be verified through a letter from a lawyer.

Hi,
Just to add one more thing for you regarding money outside UK,then you have to get a letter from your bank where the money held stating that two most important point.
1:Money is disposable to UK.
2:Money is available to both tem member
Ideally money should be in joint personal account to reduce complexicity,if not then please bear in mind very important letter should be required from bank stating that.
Money is available to applicant rather than the account holder and vise versa for other team member.
I got my refusl just on that letter from bank not mentioning my name on it of third party.
rest all points are clear by other members already.
thanks

[famous]

my head is spinning with confusion now. team of entrepreneurs have a joint bank account for funds. no third party involved. so bank letter will state our names and teh rest of requirements of being disposible in uk and transferrable and accessible to both.

now someone said....i shud still get a declartion signed for each other (team) and get it vetted by a lawyer. this is so strange because ukba has not specified in required documents list. still ppl are suggesting i shud go ahead with it. my point is what if ukba mistake this application as third party funding and sees that other required for third party are lacking and rejects my case. secondly there is never an end to adding more and more documentation to have fool prrof application.

where does one draw the line and say, its sufficient now!?

hmm..... so ur guys are saying that i shud arrange for a declaration trhen.. haan....

[MTZ510]

@famous

Replied to ur PM but its stuck in outbox . Try to delete some of your messages.