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Moving GBP 2,00,000 from India to UK

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

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wednesbury
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Joined: Sun Dec 01, 2013 1:15 pm

Moving GBP 2,00,000 from India to UK

Post by wednesbury » Sun Dec 01, 2013 4:04 pm

Hello,
I wish to apply for Tire1 (Ent) visa from India. The total amount I need to transfer it GBP 200,000. I have a question, so far as my knowledge is concerned, you are allowed only $200000 to transfer in one year. (which equals to GBP 150,000 only). I am sure other people from India must have done it. Can someone please suggest me how to do it? Or is there any way round it?

Olasunkanmi
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Posts: 1324
Joined: Sat Aug 17, 2013 11:28 pm
Location: London, UK.

Re: Moving GBP 2,00,000 from India to UK

Post by Olasunkanmi » Sun Dec 01, 2013 5:10 pm

@ wednesbury, you do not need to transfer £200,000 in a year if your country don't allow you, Home Office requires the 200k funds to be invested over the period of 3yrs, so you can spread the transfer of the fund within 3yrs after getting the visa.
The key to success is knowledge and hardwork, and to have faith.

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