90 days retention period of £200,000

[kazmi786]

Hi

I am switching from Tier 2 to Tier 1 Entrepreneur £200, 000 category.

The money is transfered in my UK bank account from Pakistan from my cousin bank account.

My cousin is also my investor.

My cousin is investing in my purposed business in hospitality field.

My Uk bank statement clearly shows my cousin transferred funds from Pakistan and show his name in my bank statement confirming funds transferred from Pakistan

We have already prepared third party declarations and all the required documents for third party funding as per policy guidance.

My question is this the funds are transfered from third party showing in bank statement.

Shall i need to retain £200,000 for 90 days or i can file application with third party documents, the one already prepared and ready to file.

NEED EXPERT SUGGESTION?

MANY THANKS

[kazmi786]

Any one please help

[dreams143]

s – Initial Applications £200,000 funding 55. You or the entrepreneurial team must have £200,000 of your own money available to make a fresh investment into business in the UK. You should supply documentary evidence of the money in your/ each member of the entrepreneurial team’s name. 56. You or your entrepreneurial team can include money made available by other people (known as ‘a third party or parties’, and this can include money from your (or your entrepreneurial team member’s) husband, wife or partner). In this case you must also provide a declaration that the money is available to you and your entrepreneurial team member (if applicable), or to the business that you or your entrepreneurial team are running. You must provide a declaration from each contributor of funds, together with confirmation that the declarations are valid. 57. If you are using money which has been transferred from a third party to you less than 90 days before the appli[/b][/b]cation, then you will need to supply the evidence required for third party funding, as specified in the above paragraph. 58. This money can be made up from money already invested in a UK business together with access to any balance of money needed to total £200,000. 59. If you are applying from inside the UK your funds must be held in the UK

Wait 4 senior response.
Thx

[dreams143]

s – Initial Applications £200,000 funding 55. You or the entrepreneurial team must have £200,000 of your own money available to make a fresh investment into business in the UK. You should supply documentary evidence of the money in your/ each member of the entrepreneurial team’s name. 56. You or your entrepreneurial team can include money made available by other people (known as ‘a third party or parties’, and this can include money from your (or your entrepreneurial team member’s) husband, wife or partner). In this case you must also provide a declaration that the money is available to you and your entrepreneurial team member (if applicable), or to the business that you or your entrepreneurial team are running. You must provide a declaration from each contributor of funds, together with confirmation that the declarations are valid. 57. If you are using money which has been transferred from a third party to you less than 90 days before the application, then you will need to supply the evidence required for third party funding, as specified in the above paragraph. 58. This money can be made up from money already invested in a UK business together with access to any balance of money needed to total £200,000. 59. If you are applying from inside the UK your funds must be held in the UK

Wait 4 senior response.
Thx

[kazmi786]

EXPERT OPINION PLEASE

[kazmi786]

ANY ONE PLEASE

[kazmi786]

Any one please help