can a tier 2 visa holder hold shares of a company

[Saidas]

Hi Team,

I am on Tier 2 General Visa. Can I become a share holder of the sponsor company.

[CR001]

https://www.gov.uk/tier-2-general

What you can and can’t do

You can:

work for your sponsor in the job described in your certificate of sponsorship
do a second job in certain circumstances
do voluntary work
study as long as it doesn’t interfere with the job you’re sponsored for
travel abroad and return to the UK
bring family members with you

You can’t:

own more than 10% of your sponsor’s shares (unless you earn more than £159,600 a year)
get public funds
apply for a second job until you’ve started working for your sponsor

[Saidas]

Hi,

I am on Tier 2 General, can I be a share holder of my sponsor company. Please suggest. Prompt responses are really appreciated. Thank you.

[CR001]

https://www.gov.uk/tier-2-general

What you can and can’t do

You can:

work for your sponsor in the job described in your certificate of sponsorship
do a second job in certain circumstances
do voluntary work
study as long as it doesn’t interfere with the job you’re sponsored for
travel abroad and return to the UK
bring family members with you

You can’t:

own more than 10% of your sponsor’s shares (unless you earn more than £159,600 a year)
get public funds
apply for a second job until you’ve started working for your sponsor

Was anything in the above unclear??

[Saidas]

Thank you for your quick response. If i be the share holder of same sponsor company, will it affect ILR. Please advice. Thank you.

[Justlorde]

Thank you for your quick response. If i be the share holder of same sponsor company, will it affect ILR. Please advice. Thank you.

As CR001 clearly states you can hold up to 10% of your sponsors share with no effect on your applications.