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Tier 1 entrepreneur visa extension

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

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inaam.cs
Junior Member
Posts: 74
Joined: Sun May 11, 2014 12:26 pm

Tier 1 entrepreneur visa extension

Post by inaam.cs » Tue Jan 03, 2017 11:56 pm

Hi,
Could someone please guide me about 50K investment? In order to show the investment is it enough to just show 50K transferred from personal account into business account or the 50K should also be shown as "spent" after transferring from personal account?
Regards

Meesha
Senior Member
Posts: 504
Joined: Thu Dec 26, 2013 12:51 am

Re: Tier 1 entrepreneur visa extension

Post by Meesha » Wed Jan 04, 2017 12:07 am

There is not need to show it all spent.
You must be able to show the transfer from personal to business bank and it must reflect in your annual accounts against the type of investment you made i:e director loan/share capital.

inaam.cs
Junior Member
Posts: 74
Joined: Sun May 11, 2014 12:26 pm

Re: Tier 1 entrepreneur visa extension

Post by inaam.cs » Wed Jan 04, 2017 12:15 am

Thanks for your reply, much appreciated.

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