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Venture Capital funds transfer evidence

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

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Naveed79
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Posts: 4
Joined: Sat Apr 02, 2016 8:55 pm

Venture Capital funds transfer evidence

Post by Naveed79 » Sat Jul 28, 2018 12:02 am

i am planning to have an entrepreneur visa through venture capital firm. Currently, i am living outside of UK.
i have only one question about 50000 ponds investment funds. what sort of evidence is required initially to proof that venture capital company will invest this amount into my business? As I have read that you should provide evidence of money transfer from venture capital into your bank account, however in my case i am not present in UK and i can only show this evidence when i will be in UK after establishing my company.
appreciate your help and support in this regards.

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marcnath
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Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
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Re: Venture Capital funds transfer evidence

Post by marcnath » Sat Jul 28, 2018 7:51 am

Naveed79 wrote:
Sat Jul 28, 2018 12:02 am
i am planning to have an entrepreneur visa through venture capital firm. Currently, i am living outside of UK.
i have only one question about 50000 ponds investment funds. what sort of evidence is required initially to proof that venture capital company will invest this amount into my business? As I have read that you should provide evidence of money transfer from venture capital into your bank account, however in my case i am not present in UK and i can only show this evidence when i will be in UK after establishing my company.
appreciate your help and support in this regards.
Have you read the guidance ? The documentation required is very clearly set out there - there is no requirement that the money should be transferred for an initial application.
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

Naveed79
Newly Registered
Posts: 4
Joined: Sat Apr 02, 2016 8:55 pm

Re: Venture Capital funds transfer evidence

Post by Naveed79 » Wed Aug 01, 2018 3:51 pm

Dear Marcnath,
Many thanks for your response.
I need one more advice regarding who can get entrepreneur visa by using funds from venture capital company.
As i am not living in UK and my graduation degree is not from UK.
Would it be possible for me to take this route or i have to use 200,000 ponds route only
Your help would be really appropriated

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marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Venture Capital funds transfer evidence

Post by marcnath » Wed Aug 01, 2018 3:59 pm

Naveed79 wrote:
Wed Aug 01, 2018 3:51 pm
Dear Marcnath,
Many thanks for your response.
I need one more advice regarding who can get entrepreneur visa by using funds from venture capital company.
As i am not living in UK and my graduation degree is not from UK.
Would it be possible for me to take this route or i have to use 200,000 ponds route only
Your help would be really appropriated
As i am not living in UK and my graduation degree is not from UK. ==> Neither of these are criteria for the VC route, so no reason why you should not be able to
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

Naveed79
Newly Registered
Posts: 4
Joined: Sat Apr 02, 2016 8:55 pm

Re: Venture Capital funds transfer evidence

Post by Naveed79 » Wed Aug 01, 2018 6:56 pm

Thank you for your response.

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