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Date on Director's Loan Agreement (Tier 1 visa Extension)

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

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rr1244841
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Joined: Tue Dec 05, 2017 11:12 am
Pakistan

Date on Director's Loan Agreement (Tier 1 visa Extension)

Post by rr1244841 » Tue Dec 05, 2017 11:20 am

Dear Gurus,

Can you kindly confirm what should be the date of Director's loan agreement as I have started transfer director's loan prior getting my initial tier 1 visa ( i.e during the process time of visa application of tier-1)?
Therefore, do I need to put date just before the transfer of first loan amount (no matter it is before approval of tier-1 visa) or is it necessary to prepare and put £50k after getting tier-1 visa and also dated loan agreement after initial visa approval date?

Thank you for your guidance.

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marcnath
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Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Date on Director's Loan Agreement (Tier 1 visa Extension)

Post by marcnath » Tue Dec 05, 2017 11:45 am

The date of the DL has nothing to do with your immigration stays or application. Discuss with your accountant and date it as needed.
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

rr1244841
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Posts: 7
Joined: Tue Dec 05, 2017 11:12 am
Pakistan

Re: Date on Director's Loan Agreement (Tier 1 visa Extension)

Post by rr1244841 » Tue Dec 05, 2017 11:50 am

Thank you for your help.

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