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Tire 1 Entrepreneur extention Investment

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

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Irfanmz
Junior Member
Posts: 97
Joined: Tue Feb 11, 2014 11:45 am

Tire 1 Entrepreneur extention Investment

Post by Irfanmz » Tue Feb 11, 2014 1:37 pm

Please Please required urgent help, thanks in advance
i have few few questions regarding Tire 1 Entrepreneur extention Investment could some one please answer these

My name is Irfan, currently I hold Tire 1 Entrepreneur visa and running IT consultancy business, for the extension one of the major requirement is to invest £50000 in UK as I run consultancy business and finding it very hard to invest all this money. I have discussed with me accountant and he advised me to buy my companies shares worth £50000 and then let company spend the money as required but buying £50000 shares of my own company will full fill the requirement of investment. If this is not possible can I invest let’s say £25000 in my current business and invest £25000 in such as bank bonds or buying Gold etc? and finally in requirements they say that money has to be invested on my behalf or by me but i had all 50000 in my business account in initial application and i have been spending money for my business drictly from my businss account how can i prove that money is spent on my behalf. I am director of my company.

Your reply will be highly appreciated.

solomondid
Member
Posts: 116
Joined: Tue Apr 17, 2012 3:06 pm
Location: London
Contact:
United Kingdom

Re: Tire 1 Entrepreneur extention Investment

Post by solomondid » Tue Jun 09, 2015 6:39 pm

Just read carefully through a few posts in the forum and all your answers are there
Solomon

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