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Extension Approved 50K, Director Loan Agreement Route

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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warks87
Newbie
Posts: 35
Joined: Sun Jan 01, 2017 11:54 pm
United Kingdom

Extension Approved 50K, Director Loan Agreement Route

Post by warks87 » Fri Feb 17, 2017 6:57 pm

Received decision today..Alhamdulillah

Timeline
Application Posted:10/11/2016
Biometric: 30/11/2016
Decision: 17/02/2016
No Interview!!!

Documents Sent:
All the required documents from list Appendix 46-SD
Extra Documents sent: Sales, Expense Invoices and Bank statements of last 3 years

Thank you everyone. Special Thanks goes to Zimba88

Good luck to everyone who are awaiting decision

before i finish I would like to ask one question...
Can someone please advise whether I am still required to employ 2 full time employee until I qualify for Indefinite leave? Bdw my 10 years continuous residence will be fulfilled in Sep 2018 which is way before the expiry of the current leave of 2 years from now on.

Aab1988
Junior Member
Posts: 69
Joined: Fri Dec 09, 2016 9:52 pm

Re: Extension Approved 50K, Director Loan Agreement Route

Post by Aab1988 » Fri Feb 17, 2017 7:32 pm

Congrat mate if u don't mind can you please confirm me when did you receive your IHS back?

Jazz2007
Member of Standing
Posts: 254
Joined: Mon Apr 29, 2013 4:59 am

Re: Extension Approved 50K, Director Loan Agreement Route

Post by Jazz2007 » Fri Feb 17, 2017 7:58 pm

Congratulations!!!

Can someone please advise whether I am still required to employ 2 full time employee until I qualify for Indefinite leave?

Yes

Bdw my 10 years continuous residence will be fulfilled in Sep 2018 which is way before the expiry of the current leave of 2 years from now on.

By looking at your timeline, Assuming you were granted Initial visa Nov 2013 and if you've applied for extension before your visa Expiry.

Then...

You are eligible for 5 years ILR route in Nov 2018
(And eligible to apply for ILR 28 days before your 5 years completion)

I got this info from one of the Moderator CR001

Basically,Its upto you which route you want to choose.

Best of Luck for your ILR :D


businessmen aces
Member
Posts: 165
Joined: Sat Aug 20, 2016 12:07 am
India

Re: Extension Approved 50K, Director Loan Agreement Route

Post by businessmen aces » Fri Feb 17, 2017 9:25 pm

Congrats mate all the best

warks87
Newbie
Posts: 35
Joined: Sun Jan 01, 2017 11:54 pm
United Kingdom

Re: Extension Approved 50K, Director Loan Agreement Route

Post by warks87 » Sat Feb 18, 2017 10:40 am

syed0083 wrote:Congratulations!!!

Can someone please advise whether I am still required to employ 2 full time employee until I qualify for Indefinite leave?

Yes

Bdw my 10 years continuous residence will be fulfilled in Sep 2018 which is way before the expiry of the current leave of 2 years from now on.

By looking at your timeline, Assuming you were granted Initial visa Nov 2013 and if you've applied for extension before your visa Expiry.

Then...

You are eligible for 5 years ILR route in Nov 2018
(And eligible to apply for ILR 28 days before your 5 years completion)

I got this info from one of the Moderator CR001

Basically,Its upto you which route you want to choose.

Best of Luck for your ILR :D

Thank you.and yes You are right with regards to my initial and recent application timings

Just to clarify...My visa issue date on this circumstance will be from Nov 16 rather than Feb 17 for 2 years..is that right? Because I applied in Nov 16?

Also I entered in the UK in 11 Sep 2008.Do I not become eligible for ILR under 10 years Long Residence about 28 days before 11 Sep 2018?

warks87
Newbie
Posts: 35
Joined: Sun Jan 01, 2017 11:54 pm
United Kingdom

Re: Extension Approved 50K, Director Loan Agreement Route

Post by warks87 » Sat Feb 18, 2017 10:41 am

Aab1988 wrote:Congrat mate if u don't mind can you please confirm me when did you receive your IHS back?
right after 12am today

Jazz2007
Member of Standing
Posts: 254
Joined: Mon Apr 29, 2013 4:59 am

Re: Extension Approved 50K, Director Loan Agreement Route

Post by Jazz2007 » Sat Feb 18, 2017 11:08 am

[/b][/quote]

Thank you.and yes You are right with regards to my initial and recent application timings

Just to clarify...My visa issue date on this circumstance will be from Nov 16 rather than Feb 17 for 2 years..is that right? Because I applied in Nov 16?

You are eligible to apply ILR from 19 Oct 2018(28 days to 16 Nov 2018)
Extension visa is for 2 years regardless of your time period to complete 5 years because of various circumstances during extension process like Interview, 8 weeks standard time etc.


Also I entered in the UK in 11 Sep 2008.Do I not become eligible for ILR under 10 years Long Residence about 28 days before 11 Sep 2018?

You are right.
If you have dependants in UK and If you opt 10 years route then Visa requirments for them will be different like English test, your salary £18,600 per annum etc


[/quote]

tarun_shreeji
Member
Posts: 132
Joined: Mon Nov 25, 2013 7:41 pm
Location: Uk
Contact:
United Kingdom

Re: Extension Approved 50K, Director Loan Agreement Route

Post by tarun_shreeji » Sat Feb 18, 2017 3:56 pm

Congratulations for your visa

you running business from home, or you have commercial property?

please reply

thanks
Nqf level 4 business

User avatar
zimba
Moderator
Posts: 21924
Joined: Mon Aug 11, 2014 6:13 pm
Location: UK
Mood:
United Kingdom

Re: Extension Approved 50K, Director Loan Agreement Route

Post by zimba » Sat Feb 18, 2017 9:47 pm

Congratulations :D
Can someone please advise whether I am still required to employ 2 full time employee until I qualify for Indefinite leave? Bdw my 10 years continuous residence will be fulfilled in Sep 2018 which is way before the expiry of the current leave of 2 years from now on.
Not if you want to apply under 10 year route. Job requirement is there only if you want to apply under Tier 1 five year ILR
Just to clarify...My visa issue date on this circumstance will be from Nov 16 rather than Feb 17 for 2 years..is that right? Because I applied in Nov 16?
You get full two years from the date of approval, regardless of when you applied.
Also I entered in the UK in 11 Sep 2008.Do I not become eligible for ILR under 10 years Long Residence about 28 days before 11 Sep 2018?
Yes
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

samaygrg
Senior Member
Posts: 607
Joined: Sun Jun 10, 2012 12:12 am
Location: United Kingdom

Re: Extension Approved 50K, Director Loan Agreement Route

Post by samaygrg » Sun Feb 19, 2017 4:40 pm

Congratulations!!!!


warks87 wrote:Received decision today..Alhamdulillah

Timeline
Application Posted:10/11/2016
Biometric: 30/11/2016
Decision: 17/02/2016
No Interview!!!

Documents Sent:
All the required documents from list Appendix 46-SD
Extra Documents sent: Sales, Expense Invoices and Bank statements of last 3 years

Thank you everyone. Special Thanks goes to Zimba88

Good luck to everyone who are awaiting decision

before i finish I would like to ask one question...
Can someone please advise whether I am still required to employ 2 full time employee until I qualify for Indefinite leave? Bdw my 10 years continuous residence will be fulfilled in Sep 2018 which is way before the expiry of the current leave of 2 years from now on.

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