Clarification on Third party funding

[monica123]

Hi all,

As per the guidelines for the Tier 1 visa have managed to pool third party funding for the £ 200,000.

1. I have pooled the 200 k from 5 different third party sponsors. So will this be accepted by the home office?

2.I understand that i can do the application immediately after receiving the declaration from the third parties without waiting for 90 days. Please confirm.

3. In this case how long do the third parties need to hold the funds in their accounts after the visa application has been made?

4. As per my business plan, i plan to invest 70k in the first 3 months after starting the company and then 50k each in the next three quarters. In this case do the third parties have to hold the funds in their bank accounts?

5. I understand that the third party need to submit their declaration and bank statement as proof towards the application process. Do we need any other supporting documents from the third party?

Thanks.

[CR001]

No need for multiple or duplicate posts. Continue in your existing topic please. Members will respond when and if they are willing or able to.

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