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Do you mean invest the £20k in YOUR own company as share capital while the £30k will appear in your company accounts as Directors Loan?aqeel24 wrote:Hiya guys,
I am on tier 1 entrepenuer visa.i have spent 30k in my business and only left 20k to invest.My question is that can i buy a share for rest of 20k to show them i invested rest of the money.Please give me advise.because someone told me that only 200k invester can buy a shares.Help needed please.thanks
There are no rules preventing you from investing as share capital in your own company.aqeel24 wrote:Hiya guys,
I am on tier 1 entrepenuer visa.i have spent 30k in my business and only left 20k to invest.My question is that can i buy a share for rest of 20k to show them i invested rest of the money.Please give me advise.because someone told me that only 200k invester can buy a shares.Help needed please.thanks
No. Under Tier 1E rules, any investment in a company that you are not personally a director will not be considered an acceptable investment towards your extension/ILR.aqeel24 wrote:Basically i want to spent 20k to buy a share e.g Asda,tesco,farnell. These companies shares.that all i mean. Can i do invest 20k like that.thanks for reply.
