I am currently on a Tier 1 Entrepreneur Visa in the UK. I have already successfully renewed my visa, and I am now in the final period before I can apply for Indefinite Leave to Remain (ILR) in just over a year.
I am considering a change in business activity, and I wanted to check if anyone here has experience with this situation or has seen cases where Home Office had an issue with such changes.
- I have a legally registered company, which I have been operating since my initial visa application.
- I have met the job creation requirements and currently employ the required number of staff.
- The business was originally focused on trade/import, but I now wish to transfer to the restaurant sector under the same company (no new entity).
- My current employees will remain in the company, but their roles will shift based on the new business activity.
- My investment funds remain within the business and are still being used for business development.
- 1. Would this type of business change raise any red flags with Home Office at the ILR stage?
- 2. Is it advisable to inform Home Office about the change in business activity proactively, or is it unnecessary as long as the core Tier 1 Entrepreneur requirements (employment, investment, active business management) are met?
- 3. Has anyone had experience with ILR applications where the business changed significantly during the visa period? If so, what was the outcome?
- 4. Are there any additional risks or considerations I should be aware of before making this transition?
Thanks in advance!