I am applying from Pakistan

[ikramjunaid009]

Good afternoon,

I am looking to apply for Tier 1 Entrepreneur Visa on a £50,000 route. On the Gov.uk website, it says;

You can also apply if you’ve already invested £50,000 in a UK business. You must have invested the funds less than 12 months before you apply.

My questions are as follows;

• I have never been to UK. Still I am able to register a Limited company in the UK which I have confirmed from an accountant in the UK. My question is, I do not have a bank account in the UK under my name. How would I transfer this £50,000 to a UK bank account?

• I have a friend in the UK, can I transfer this amount to his account with a reference as my investment to proof to the UK Home Office that I have invested £50,000 within an year and then apply for this visa?

Knowing my situation, what could you advise me. Also, as I believe, can I use my own investment from Pakistan to use and then transfer this amount from Pakistan to UK and then invest it into my business (but I do not have a UK bank account!)

Please help. Thank you

[marcnath]

Read the guidelines properly.

Also have a look at a number of others who have asked very similar questions.

The 50K route has quite a demanding requirement - it is not available to you to use your own money.

[schahzeb]

You can use bank account from Pakistan where you have access to £200,000 and once you have moved to UK and opened a bank account you can then transfer these funds from Pak to UK.

Good afternoon,

I am looking to apply for Tier 1 Entrepreneur Visa on a £50,000 route. On the Gov.uk website, it says;

You can also apply if you’ve already invested £50,000 in a UK business. You must have invested the funds less than 12 months before you apply.

My questions are as follows;

• I have never been to UK. Still I am able to register a Limited company in the UK which I have confirmed from an accountant in the UK. My question is, I do not have a bank account in the UK under my name. How would I transfer this £50,000 to a UK bank account?

• I have a friend in the UK, can I transfer this amount to his account with a reference as my investment to proof to the UK Home Office that I have invested £50,000 within an year and then apply for this visa?

Knowing my situation, what could you advise me. Also, as I believe, can I use my own investment from Pakistan to use and then transfer this amount from Pakistan to UK and then invest it into my business (but I do not have a UK bank account!)

Please help. Thank you

[ikramjunaid009]

Read the guidelines properly.

Also have a look at a number of others who have asked very similar questions.

The 50K route has quite a demanding requirement - it is not available to you to use your own money.

Hi Marcnath. Thank you very much for the quick feedback.

While I ll be in Pakistan, I would have to show that I have invested into UK. So, can I not use my own money for this purpose?

It is not cleared from the guidelines

thank you

[ikramjunaid009]

Read the guidelines properly.

Also have a look at a number of others who have asked very similar questions.

The 50K route has quite a demanding requirement - it is not available to you to use your own money.

Page 11 of the Application form says;

£50,000 from sources other than a seed fund or UK Government
Department and switching from the Tier 1 (Post-Study Work) route if you
have been continuously engaged in business activity since before 11 July
2014 and up to the date of your application.

Then on Page 27 of the application says;

access to not less than £50,000 of your own funds or funds from a venture capital firm and previously held leave as a Tier 1 (Post-Study Work) migrant, and since before 11 July 2014
and up to the date of your application you have been continuously engaged in business
activity, either as registered self-employed or director, in an occupation at degree level (group
d).

Page 28 says;

access to not less than £200,000 of your own funds or £50,000 from a venture capital firm and previously held leave as a Tier 1 (General) migrant and have been in continuous
business activity since before 6 April 2015 (group d).

I found myself to be in Group D if I have to use my own funds for entry clearance.

Can you please enlighten me on this.

Thank you

[CR001]

Page 11 of the Application form says;

£50,000 from sources other than a seed fund or UK Government
Department and switching from the Tier 1 (Post-Study Work) route if you
have been continuously engaged in business activity since before 11 July
2014 and up to the date of your application.

Then on Page 27 of the application says;

access to not less than £50,000 of your own funds or funds from a venture capital firm and previously held leave as a Tier 1 (Post-Study Work) migrant, and since before 11 July 2014
and up to the date of your application you have been continuously engaged in business
activity, either as registered self-employed or director, in an occupation at degree level (group
d).

Page 28 says;

access to not less than £200,000 of your own funds or £50,000 from a venture capital firm and previously held leave as a Tier 1 (General) migrant and have been in continuous
business activity since before 6 April 2015 (group d).

I found myself to be in Group D if I have to use my own funds for entry clearance.

Can you please enlighten me on this.

Thank you

You are being selective in what you are reading. The WHOLE paragraph must apply. It is not OR but AND held xy visa as highlighted in red.

[ikramjunaid009]

Page 11 of the Application form says;

£50,000 from sources other than a seed fund or UK Government
Department and switching from the Tier 1 (Post-Study Work) route if you
have been continuously engaged in business activity since before 11 July
2014 and up to the date of your application.

Then on Page 27 of the application says;

access to not less than £50,000 of your own funds or funds from a venture capital firm and previously held leave as a Tier 1 (Post-Study Work) migrant, and since before 11 July 2014
and up to the date of your application you have been continuously engaged in business
activity, either as registered self-employed or director, in an occupation at degree level (group
d).

Page 28 says;

access to not less than £200,000 of your own funds or £50,000 from a venture capital firm and previously held leave as a Tier 1 (General) migrant and have been in continuous
business activity since before 6 April 2015 (group d).

I found myself to be in Group D if I have to use my own funds for entry clearance.

Can you please enlighten me on this.

Thank you

You are being selective in what you are reading. The WHOLE paragraph must apply. It is not OR but AND held xy visa as highlighted in red.

This was very very descriptive and thank you very much for that. Please if you could tell me whether or not I can apply on Tier 1 Entrepreneur Visa Entry Clearance for a £50,000 route using my own investment from Pakistan? or it has to be £200,000 if I am relying on my own investment?

Thank you

[CR001]

£200K own funds.

Unless you meet the very specific and stringent £50k route.

[seasky]

My opinion is you will have a difficult time passing genuine entrepreneur test without ever visiting the UK (and of course doing local and real market research)

You can ask yourself also, how do you know you want to be a UK entrepreneur, having never been here?

If you just know you want to move to UK and just using the Ent route, as it is available, we have seen time and again on this forum failing to get the visa (and it is an expensive visa, with lots of work to fulfill requirements)

If you wish (we are all anonymous) to share your general business plans we can comment on them. If you want to open a kebab/corner/petrol shop you will (very likely) fail. If you want to come to the UK because of the world expertise here in nanoatomisation of anaerobic fossil fibers to develop your technology as a new solution for subatomic data distribution (based on our recent Phd in the field) you have a strong chance

In either case you must (IMO) visit here, do market research, build alliances etc

all the best of luck!