How much do i need to apply for Tier 1 and where

[gabo931]

Hello, i and a business partner have a tier 4 visa which will expire in about 2 months plus. we both have £50,000 to invest, so we want to apply for tier 1 (entrepreneur visa). The funds is in Nigeria but we can transfer it to UK. There is a clause in the gov website that says for tier 4 to switch, you need to have funds from govt department and not your funds.
My questions are:
1. If we are to apply from Nigeria, is it £50,000 or £200,000 that we must have to be eligible?
2. Can we apply from UK with our funds in Nigeria?

Thanks

Gabo

[marcnath]

Hello, i and a business partner have a tier 4 visa which will expire in about 2 months plus. we both have £50,000 to invest, so we want to apply for tier 1 (entrepreneur visa). The funds is in Nigeria but we can transfer it to UK. There is a clause in the gov website that says for tier 4 to switch, you need to have funds from govt department and not your funds.
My questions are:
1. If we are to apply from Nigeria, is it £50,000 or £200,000 that we must have to be eligible?

You need 200,000

2. Can we apply from UK with our funds in Nigeria?

No

[gabo931]

Thanks