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nedxx wrote:Hello everyone,
My current PSW leave will expire about April 20 and as you may already know a new route and facility has been introduced for applicants switching from PSW to Entreprenur status which requires a reduce availabe fund of 50,000.
Page 11 of the new policy guidance states:
(i) are applying for leave to remain,
(ii) have, or were last granted, leave as a Tier 1 (Post-Study Work) Migrant,
(iii) were, on a date no earlier than three months prior to the date of
application,
(1) registered with HM revenue and Customs as self-employed, or
(2) registered a new business in which you are a director, or
(3) registered as a director of an existing business,
(iv) are engaged in business activity, other than the work necessary to
administer his business, in an occupation which appears on the list of
occupations skilled to National Qualifications Framework level 4 and above,
as stated in the codes of practice for Tier 2 Sponsors published by the UK
Border Agency, and
(v) have access to not less than £50,000.
My question is regarding part (iii) as it states "on a date no earlier than three months prior to the date of application" which makes me confused and I was wondering what exactly it means, since further on page 12 it states that:
iii. Registered with HM Revenue and Customs as self-employed; or registered as a director You must have been registered as self-employed or a director of a business within the last 3 months before submitting your application as a Tier 1 (Entrepreneur).
So, does it mean that if I register a company and appoint myself as the director before just couple of days before applying for the visa (considering all other conditions are met) then I will be eligible for this part of conditions or should I have been be registered for the whole duration (three month) to be eligible?
Your response is highly appreciated as I have a limited time to apply.
Link to new policy:
http://www.ukba.homeoffice.gov.uk/sitec ... ance11.pdf
So I am registered as sole trader since April 2011. And now I have to apply for this visa being on PSW status. I have to form an entrepreneur team and the other candidate is also on PSW but not registered for anything yet instead doing job and living in other part of UK.rsrameshsunil wrote:
Therefore, what I feel is, it actually doesn't matter when you register...you just need to provide latest documentations ...
nedxx wrote:Hello everyone,
My current PSW leave will expire about April 20 and as you may already know a new route and facility has been introduced for applicants switching from PSW to Entreprenur status which requires a reduce availabe fund of 50,000.
Page 11 of the new policy guidance states:
(i) are applying for leave to remain,
(ii) have, or were last granted, leave as a Tier 1 (Post-Study Work) Migrant,
(iii) were, on a date no earlier than three months prior to the date of
application,
(1) registered with HM revenue and Customs as self-employed, or
(2) registered a new business in which you are a director, or
(3) registered as a director of an existing business,
(iv) are engaged in business activity, other than the work necessary to
administer his business, in an occupation which appears on the list of
occupations skilled to National Qualifications Framework level 4 and above,
as stated in the codes of practice for Tier 2 Sponsors published by the UK
Border Agency, and
(v) have access to not less than £50,000.
My question is regarding part (iii) as it states "on a date no earlier than three months prior to the date of application" which makes me confused and I was wondering what exactly it means, since further on page 12 it states that:
iii. Registered with HM Revenue and Customs as self-employed; or registered as a director You must have been registered as self-employed or a director of a business within the last 3 months before submitting your application as a Tier 1 (Entrepreneur).
So, does it mean that if I register a company and appoint myself as the director before just couple of days before applying for the visa (considering all other conditions are met) then I will be eligible for this part of conditions or should I have been be registered for the whole duration (three month) to be eligible?
Your response is highly appreciated as I have a limited time to apply.
Link to new policy:
http://www.ukba.homeoffice.gov.uk/sitec ... ance11.pdf
First thing first, we need to make it clear if it is WITHIN three months or AFTER three months we can apply.Pialroy wrote: So my understanding is you have to get registered 3 month before your application. so for instance today is 7th April 2012 and you registered yourself as self employed or director today and you can apply after 90 days it means after 7th July. hope this information will help others. in simple word there is maturity time is 3 months or 90 days my understanding.
saeedusman wrote: SO no more than 3 MONTHS mean?
We should re-register (because most of us are already registered as sole trader or limited company director) and then apply WITHIN three months.
Not logical though, but that is what is written in updated section and you can have a look yourself at the link below. Please correct me if I am thinking and going in wrong direction.
Thanks
If you have already invested 25k in last 12 months, then you can add up that investment and show another 25k to make it 50k in total, provided you meet all other conditions, like PSW, Proper business and everything as mentioned in guideline. Then strong chances to get that.15Jan wrote:Are you sure, you can get T1(Ent.) for only £25K ??
Everything is right what you have explained.MILI wrote: Please let me know your comments on it. Many Thanks
I have not also seen any of the requirement mentioned anywhere for related degree. So I think you should be OK.nedxx wrote:
Now my question about the NQF L-4 requirement, is there anywhere mentioned that you have to have relevent degree or qualification? I don't see any relevant document requested on form or guidance. For example I have MBA but my company is in programming and web designing business, I have also been into programming and been a webmaster for more than a decade but mostly thought experince, now do I have to be worried about my qualification (degree) not matching my job?
Dear MILI if you read on application form page 31 carefully it says:MILI wrote:Please let me know your comments on it. Many Thanks
saeedusman wrote:I have not also seen any of the requirement mentioned anywhere for related degree. So I think you should be OK.nedxx wrote:
Now my question about the NQF L-4 requirement, is there anywhere mentioned that you have to have relevent degree or qualification? I don't see any relevant document requested on form or guidance. For example I have MBA but my company is in programming and web designing business, I have also been into programming and been a webmaster for more than a decade but mostly thought experince, now do I have to be worried about my qualification (degree) not matching my job?
Have you had business account to show all this?
Kindly refer to my last post on page-1. We posted same time so you might have missed that.
Thanks