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Investment Question -Visa Extension due next week. Help!!!

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

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shanky
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Posts: 137
Joined: Wed Oct 24, 2012 11:33 am
Location: Wonderland

Investment Question -Visa Extension due next week. Help!!!

Post by shanky » Tue May 16, 2017 11:14 pm

NOV/2012 - Registered /Started Business was on PSW with no investment

Dec /2012 -Applied for Initial application Tier 1 ENT visa 50K - WAS PENDING with Home office

Mar/13 - STILL NO VISA - As my business was up and running so decided to Invest £ 9285/- in business

MAY/13 - Home office Refused the visa, so I appealed, and Home office decided to withdrew the case and issue the visa in May 2014

May/2014- Got my Tier 1 Ent Visa

June/2014 - Due to family emergency I had to withdraw £7600 from business account

From Mar/2013 till May/2017 - I invested 67K in my business

£7600 has been take out of my director loan account so it wont be considered as part of my investment so my investment come down from £67 K to £59,400/


Question -

1- Will Home office consider £9285 as an investment which I invested before getting my initial Tier, 1 Entrepreneur?

2- Am I short of investment?

3- What should be payment lending and payback terms on director loan agreement in this case?
S

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zimba
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Re: Investment Question -Visa Extension due next week. Help

Post by zimba » Tue May 16, 2017 11:48 pm

1- Will Home office consider £9285 as an investment which I invested before getting my initial Tier, 1 Entrepreneur?
Yes,
2- Am I short of investment?
Based on what you said no
3- What should be payment lending and payback terms on director loan agreement in this case?
Up to you
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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