Tier 1 Entre Exten first appli was approved by 50K shares

[ibimalik]

Hi guys am very new to this forum and was a silent follower.

I have some Question to expert about my extension which is due on July.

Where my first Application was approved on the basis of a business having 50K shares and we provided share certificate of an existing business , Where we didn't showed any money.

Q: What Evidence I need to Claim points for attributes – Extension Applications
Investment of funds?

Experts Please Help.

[ibimalik]

Hi Zimba I hope you can add some thing.

[seasky]

Hi ibimalik, welcome to this forum.

I did not understand at all the issue. What does the number of shares have to do with anything? (a share can be worth £50K or £0.00001...)

Did you actually invest money into a business before or after your application?

Lastly if you want good answers suggest always a little background (what business type, how you fulfilled your employment etc) it's not pertinent, just leads to better answers to help you

[ibimalik]

Hi ibimalik, welcome to this forum.

I did not understand at all the issue. What does the number of shares have to do with anything? (a share can be worth £50K or £0.00001...)

Did you actually invest money into a business before or after your application?

Lastly if you want good answers suggest always a little background (what business type, how you fulfilled your employment etc) it's not pertinent, just leads to better answers to help you

Thanks Seasky

Showed investment in form of Shares 50K (each worth £1 ) document provided share certificate and account report.

Business Type IT services
Application Approved in July 2014
Extension due July 2017

[seasky]

Hi ibimalik, welcome to this forum.

I did not understand at all the issue. What does the number of shares have to do with anything? (a share can be worth £50K or £0.00001...)

Did you actually invest money into a business before or after your application?

Lastly if you want good answers suggest always a little background (what business type, how you fulfilled your employment etc) it's not pertinent, just leads to better answers to help you

Thanks Seasky

Showed investment in form of Shares 50K (each worth £1 ) document provided share certificate and account report.

Business Type IT services
Application Approved in July 2014
Extension due July 2017

Did you actually inject £50K into the company?

[zimba]

The question is if you were awarded points towards your investment in your initial application.
Did you send company accounts showing the shares allocated under your name plus the share certificates ? Then you do not need to prove investment again

[ibimalik]

The question is if you were awarded points towards your investment in your initial application.
Did you send company accounts showing the shares allocated under your name plus the share certificates ? Then you do not need to prove investment again

Yes points were awarded for investment in my initial application
and
We sent company account showing shares allocated under my name and share certificates.

And this all done by my consultant and I didn't see any money in my first application.

[seasky]

And this all done by my consultant and I didn't see any money in my first application.

I don't understand. did you or did you not at any point actually invest £50K cash into your company?

[ibimalik]

And this all done by my consultant and I didn't see any money in my first application.

I don't understand. did you or did you not at any point actually invest £50K cash into your company?

Didn't invest 50K cash but got investment points for investment in form of shares.

[seasky]

Didn't invest 50K cash but got investment points for investment in form of shares.

ibimalik,

Here is what I think might have happened:

a. due to CW confusion you were awarded points as if you invested £50K share capital
b. you are confused, you declared you -would- invest in share capital, (as most applications are about investing post receiving visa), awarded visa.

Either way there is an easy fix, invest now (the earlier the better so it does not seem artificial investment). For sure do not rely on a. as actually you -could- be brought up for deception

Clearly you know a cash investment is a pertinent part of the t1e route.

[ibimalik]

Didn't invest 50K cash but got investment points for investment in form of shares.

ibimalik,

Here is what I think might have happened:

a. due to CW confusion you were awarded points as if you invested £50K share capital
b. you are confused, you declared you -would- invest in share capital, (as most applications are about investing post receiving visa), awarded visa.

Either way there is an easy fix, invest now (the earlier the better so it does not seem artificial investment). For sure do not rely on a. as actually you -could- be brought up for deception

Clearly you know a cash investment is a pertinent part of the t1e route.

It was not a confusion, I got aproval from court decision.

[zimba]

Please follow the advice given. If granted investment points initially, you do not need to prove investment again in any subsequent application

[seasky]

Please follow the advice given. If granted investment points initially, you do not need to prove investment again in any subsequent application

Zimba, he never actually invested cash. how can that be?