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tier 1 extension

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

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hiteshsingh101
Newly Registered
Posts: 3
Joined: Tue Mar 03, 2015 12:37 pm

tier 1 extension

Post by hiteshsingh101 » Tue Mar 03, 2015 12:46 pm

hi gurus i have got my tier1(200k) visa in oct 2014 and since then iam not able to find a business which iam looking for.but there is a friend of mine who owns a pub and he is ready to help me out so was wondering if i can show them that iam buying shares of his company and regitering as second dorector of the company?so my question was how much amount do i have to show them that iam investing?and also i going to finish my 10 yrs in the country so whats the step for long resindency?
any advise would be appreciated!
thanks
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hiteshsingh101
Newly Registered
Posts: 3
Joined: Tue Mar 03, 2015 12:37 pm

Re: tier 1 extension

Post by hiteshsingh101 » Tue Mar 03, 2015 12:54 pm

advise please!
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hiteshsingh101
Newly Registered
Posts: 3
Joined: Tue Mar 03, 2015 12:37 pm

Re: tier 1 extension

Post by hiteshsingh101 » Tue Mar 03, 2015 1:13 pm

can plz get some help at all!
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samaygrg
Senior Member
Posts: 607
Joined: Sun Jun 10, 2012 12:12 am
Location: United Kingdom

Re: tier 1 extension

Post by samaygrg » Wed Mar 04, 2015 9:21 am

hiteshsingh101 wrote:hi gurus i have got my tier1(200k) visa in oct 2014 and since then iam not able to find a business which iam looking for.but there is a friend of mine who owns a pub and he is ready to help me out so was wondering if i can show them that iam buying shares of his company and regitering as second dorector of the company?so my question was how much amount do i have to show them that iam investing?and also i going to finish my 10 yrs in the country so whats the step for long resindency?
any advise would be appreciated!
thanks

Hi Hitesh

I do think HO [though I am not expert Gurus] should allow this kind of scenario, as far as you are the director-shareholder and you are completely investing £200 K in it. However, the tricky bits like having another partner as director, his control shares etc etc, you need to clear with helps of strong accountant and solicitor. I also reckon you should better ask once directly HO regarding this.

All the best.
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