Tier 1 Entrepreneur Application form Section H

[virbul]

Hi there,

I am switching from Tier 2 - Tier Entrepreneur visa within the UK. I have obtained grant funding for the company that I intend to show access to funds. Until now I have been in Tier 2 visa and cannot be a "Director" of a company as it would be violate the Tier 2 rules where my level is that of a Research Associate.
In the application form it says I have to be a "Director" at the time the funds were available.
It is a catch 22 situation. How best should I fill the form?

Any help is great. Or if someone had a similar situation before.

Thanks

[marcnath]

While you can't take a second job on Tier2, being a Director is not a job if you are not being paid

[virbul]

Thank you for your kind reply. I have my appointment letter as a Director and I have not taken any payments for it. Is that enough or do I need to show anything more? Thanks

[virbul]

Hi all,

MONEY IS HELD IN ONE OR MORE REGULATED FINANCIAL INSTITUTIONS

I am showing funds from a Government body. So it is not in a bank or building society. It is released to company directly.

So out of these choices in the form, what should be my answer and how do i claim points?

Yes - All funds in regulated financial institution
Yes - All funds invested
Yes - part of funding already invested
No

please advise thanks.