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Tier 1 (50 k)accelerated ILR approved £5Million

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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faiz86
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Posts: 23
Joined: Sun Apr 28, 2013 2:08 pm

Tier 1 (50 k)accelerated ILR approved £5Million

Post by faiz86 » Fri May 12, 2017 3:11 am

Hello Friends ,

At last after a long wait of 11 months, by grace of almighty my ILR GOT APPROVED through accelerated £5 Million route.
I am so proud to say this group , members and admins were my guides along with the Tier 1 entre guidance.
My time line is below:

Application Posted: 18 th June 2016
Bio metrics Invite: 20 th July
complex issue letter: Mid DECEMBER 2016
MP involved: End of FEB 17
Interview invite Letter : 27 March 2017
Inrtrvw done: 18 April 2017
Visa approval letter , passport and BRP Recieved: 11 May 2017 (after 11 odd months )


Documents : all documnts as per guidance.Used two companies in the process.



Many Thanks

manu1221
Newly Registered
Posts: 21
Joined: Wed May 03, 2017 11:53 am

Re: Tier 1 (50 k)accelerated ILR approved £5Million

Post by manu1221 » Fri May 12, 2017 10:33 am

faiz86 wrote:Hello Friends ,

At last after a long wait of 11 months, by grace of almighty my ILR GOT APPROVED through accelerated £5 Million route.
I am so proud to say this group , members and admins were my guides along with the Tier 1 entre guidance.
My time line is below:

Application Posted: 18 th June 2016
Bio metrics Invite: 20 th July
complex issue letter: Mid DECEMBER 2016
MP involved: End of FEB 17
Interview invite Letter : 27 March 2017
Inrtrvw done: 18 April 2017
Visa approval letter , passport and BRP Recieved: 11 May 2017 (after 11 odd months )


Documents : all documnts as per guidance.Used two companies in the process.



Many Thanks
Many congratulations, May I ask what business do you do. thanks

snt
Junior Member
Posts: 74
Joined: Fri Jul 22, 2016 2:35 pm
Location: Milton Keynes
Mood:
Pakistan

Re: Tier 1 (50 k)accelerated ILR approved £5Million

Post by snt » Fri May 12, 2017 10:54 am

faiz86 wrote:Hello Friends ,

At last after a long wait of 11 months, by grace of almighty my ILR GOT APPROVED through accelerated £5 Million route.
I am so proud to say this group , members and admins were my guides along with the Tier 1 entre guidance.
My time line is below:

Application Posted: 18 th June 2016
Bio metrics Invite: 20 th July
complex issue letter: Mid DECEMBER 2016
MP involved: End of FEB 17
Interview invite Letter : 27 March 2017
Inrtrvw done: 18 April 2017
Visa approval letter , passport and BRP Recieved: 11 May 2017 (after 11 odd months )

Documents : all documnts as per guidance.Used two companies in the process.

Many Thanks
congratulations! you are probably one of the recent ones on forum who got ILR on accelerated route.

we have been discussing a potential confusion/grey area in the rules where it says that you need to do £5 million gross income (turnover). the link to the thread is given below.

uk-tier-1-entrepreneur-visas/confusion- ... 29463.html

could you confirm you achieve £5 million in just turn over OR was it the gross income? If possible, do share the copy of management accounts (off course you can hide the data you want) even just the top part where it shows gross income would do.

faiz86
Newly Registered
Posts: 23
Joined: Sun Apr 28, 2013 2:08 pm

Re: Tier 1 (50 k)accelerated ILR approved £5Million

Post by faiz86 » Fri May 12, 2017 11:21 am

hello

£5 Million is the gross sales/ total incoming money /total income/total cost of sales, no matter how much profit/net profit the company made. even though my company made a decent profit.

My company is a telecom service provider.

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zimba
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Location: UK
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Re: Tier 1 (50 k)accelerated ILR approved £5Million

Post by zimba » Fri May 12, 2017 12:04 pm

Congratulations :)
May I ask what did ask during the interview process ?
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

faiz86
Newly Registered
Posts: 23
Joined: Sun Apr 28, 2013 2:08 pm

Re: Tier 1 (50 k)accelerated ILR approved £5Million

Post by faiz86 » Fri May 12, 2017 12:58 pm

Hell0 zimba88,
All the questions were related to my business activities apart from some general questions..
1.clients and contracts ,main contact of the client and how many UK clients i have.
2.business premises and asked for the adress and how big the office was (our office is in REGUS space).
company registered address was my home address even though i have an office from 2013
3.contacts of the clients
4.accountant and address
5.empolyees and educational qualification (i have only 2 full time employees , but they have been employed for more than 3 years till date)
6.how i was able to make such a big turn over
7.profit for the previus years
8.projected turn over and profit
9.future expansion plans and expectations
10.future products launch
11.any future hiring
12.about our business competitors in the industry and what was our edge to compete.

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

Re: Tier 1 (50 k)accelerated ILR approved £5Million

Post by samaygrg » Fri May 12, 2017 1:28 pm

Congratulations!!!!!

faiz86 wrote:Hell0 zimba88,
All the questions were related to my business activities apart from some general questions..
1.clients and contracts ,main contact of the client and how many UK clients i have.
2.business premises and asked for the adress and how big the office was (our office is in REGUS space).
company registered address was my home address even though i have an office from 2013
3.contacts of the clients
4.accountant and address
5.empolyees and educational qualification (i have only 2 full time employees , but they have been employed for more than 3 years till date)
6.how i was able to make such a big turn over
7.profit for the previus years
8.projected turn over and profit
9.future expansion plans and expectations
10.future products launch
11.any future hiring
12.about our business competitors in the industry and what was our edge to compete.

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