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Getting my investments back

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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ceobot
Junior Member
Posts: 81
Joined: Wed Jul 20, 2011 5:42 pm

Getting my investments back

Post by ceobot » Mon Aug 01, 2016 9:07 pm

Hi Guys,

My Tier 1 50K Visa expires in April 2017.

Yesterday was the final day of the financial year of my company so my accountant will start preparing annual accounts soon. I have invested £50+K and have spent more than £300K in total for the last year.

Now I would like to know is it possible to get my £50K investments back or it is better to wait the decision of Home office ?

Hopefully I will successfully apply for a 2 years extension in April. Would it be fine if they see that I took my money back from the account before actually applying for an extension ?

Many thanks in advance for your advice.

noajthan
Moderator
Posts: 14911
Joined: Sat Oct 25, 2014 12:31 pm
Location: UK

Re: Getting my investments back

Post by noajthan » Mon Aug 01, 2016 11:19 pm

ceobot wrote:Hi Guys,

My Tier 1 50K Visa expires in April 2017.

Yesterday was the final day of the financial year of my company so my accountant will start preparing annual accounts soon. I have invested £50+K and have spent more than £300K in total for the last year.

Now I would like to know is it possible to get my £50K investments back or it is better to wait the decision of Home office ?

Hopefully I will successfully apply for a 2 years extension in April. Would it be fine if they see that I took my money back from the account before actually applying for an extension ?

Many thanks in advance for your advice.
How have you 'invested' this 50K and where do you plan to get it back from?
All that is gold does not glitter; Not all those who wander are lost. E&OE.

ceobot
Junior Member
Posts: 81
Joined: Wed Jul 20, 2011 5:42 pm

Re: Getting my investments back

Post by ceobot » Tue Aug 02, 2016 10:23 pm

It was invested in the way of Director's loan. And I would like to get it back as the creditors amounts falling due.

Faheemryk
Member
Posts: 209
Joined: Wed Apr 23, 2014 10:34 pm
Pakistan

Re: Getting my investments back

Post by Faheemryk » Wed Aug 03, 2016 12:02 am

If I were you, I'd wait for home office decision.

Secondly, I'd suggest you to get your investment back in the form of dividends or higher salary, gradually.
I'd not suggest you to take £50,000 back in one go.

Its just my personal opinion

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