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Question Regarding Tier 1 Visa - Third Party Funding

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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cs101
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Posts: 1
Joined: Sun Nov 06, 2016 9:14 pm

Question Regarding Tier 1 Visa - Third Party Funding

Post by cs101 » Sun Nov 06, 2016 9:22 pm

Dear Members,

I have just joined this forum and completely impressed by astonishing amount of priceless information available here.

My question is regarding third party funding revelant to 200k Tier 1 Entrepreneur Route

100K of funds are available for me in india and rest 100K are available for me through a third part funder in UK, How can I make application from within UK ? and outside UK?

If applying from within UK do my all 200k funds needs to be physically maintained in a bank here ?

If applying from outside UK (India) how can I justify I have access to funds from my Third part funder in UK and will any letter from him is sufficient enough if I apply from India?


My second question is I am a Tier 4 Dependent already self employed with HMRC, Am I allowed to switch to Tier 1 Ent visa from within UK ?

You help is sincerely appreciated in this matter.

Thanks

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zimba
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Joined: Mon Aug 11, 2014 6:13 pm
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Re: Question Regarding Tier 1 Visa - Third Party Funding

Post by zimba » Mon Nov 07, 2016 1:25 am

100K of funds are available for me in india and rest 100K are available for me through a third part funder in UK, How can I make application from within UK ? and outside UK?
Apparently you are on dependant visa which does not allow you to switch to become a main applicant. You MUST apply from India.
If applying from within UK do my all 200k funds needs to be physically maintained in a bank here ?
All 200K must be here if you are switching in the UK only. Seems you cannot switch
If applying from outside UK (India) how can I justify I have access to funds from my Third part funder in UK and will any letter from him is sufficient enough if I apply from India?
Third party declaration and bank account statements showing the money in the UK in a bank
My second question is I am a Tier 4 Dependent already self employed with HMRC, Am I allowed to switch to Tier 1 Ent visa from within UK ?
No, dependant visa holder cannot become main applicants. Apply from India
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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