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50k investment

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

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

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Kkapil
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Posts: 17
Joined: Tue Jun 07, 2016 9:10 pm

50k investment

Post by Kkapil » Sat Jul 30, 2016 8:22 am

Hi all,
As I will be extending early next year, my question is, I already did investment 50k, will it has to be spent for company related expenses or will it be accepted as long as in the business account for future expenses?

Regards

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zimba
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Re: 50k investment

Post by zimba » Mon Aug 01, 2016 11:30 am

You do NOT need to spend this fully however keeping the money simply in a business bank account is not acceptable either. I would say unless you make good profits, 50K will be easily spent in 3 years of running a business.
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

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