50K funds question re source

[j4nn]

Hi there,

Am about to apply for T1 entrepreneur visa. I have been awarded around 400k investment in my UK registered company over the past year so finding the 50k is not difficult however I am wondering about the three criteria for where it is supposed to come from. It is largely from a European company who are not registered with the FCA. Is this a problem or can it still be used in the application?

Any advice much appreciated!

[zimba]

I suggest to show money is invested in your company sending company accounts and claim the investment points right from the start

[marcnath]

[quote="j4nn"]

It is largely from a European company who are not registered with the FCA. Is this a problem or can it still be used in the application?

Any advice much appreciated![/quote]

The 50K route requires you to have finding from the three sources outlined - there are no get around.

So, it looks like the 200K route is the option for you.

Note the condition When evidencing the investment:
(1) The audited or unaudited accounts must show the investment in money made directly by the you, in your own name or on your behalf (and showing your name)."