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Already invested money and rest amount..

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

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waqas734
Member
Posts: 123
Joined: Wed Nov 18, 2009 1:48 am
Pakistan

Already invested money and rest amount..

Post by waqas734 » Sat Jun 09, 2012 10:19 am

hi all

I am planning to start my business in my relative field as a book keeper and planning to invest 30000 pound to start . i wanted to know do i still need to show full 50000 pounds or just rest of the amount after the invested money..


thanks in advance

Lucapooka
Respected Guru
Posts: 7616
Joined: Sun Aug 14, 2011 10:30 am
Location: Brasil

Post by Lucapooka » Sat Jun 09, 2012 10:30 am

You need to show the full amount at the time you apply. Having only 30,000 but with the expectation to have 50,000 later will not work.

waqas734
Member
Posts: 123
Joined: Wed Nov 18, 2009 1:48 am
Pakistan

Post by waqas734 » Sat Jun 09, 2012 10:36 am

thanks for the reply i meant i will have already invested 30,000 pounds by the time of my application towards my business so can i show that investment with full company documents and rest of the cash in my bank account.

Lucapooka
Respected Guru
Posts: 7616
Joined: Sun Aug 14, 2011 10:30 am
Location: Brasil

Post by Lucapooka » Sat Jun 09, 2012 10:53 am

am planning to start, am planning to invest are terms referring to an event in the future and my response was based on what you had stated.

waqas734
Member
Posts: 123
Joined: Wed Nov 18, 2009 1:48 am
Pakistan

Post by waqas734 » Sat Jun 09, 2012 10:59 am

Sorry for the confusion mate so can i have my answer that on the bases of investment already been done before the application and then rest of the cash in my bank account so , am i eligible in that case please answer so my confusion will be finished..


thanks

Lucapooka
Respected Guru
Posts: 7616
Joined: Sun Aug 14, 2011 10:30 am
Location: Brasil

Post by Lucapooka » Sat Jun 09, 2012 6:56 pm

I pass this on reluctantly as I feel that I am hindering your success insofar as you are not reading the guidance, which you will certainly need to do if you expect any chance of success.

Available funds - all applicants
Funds already invested
.
59.If you have already legally established a business in the UK while under a different immigration category, you may use this investment to claim points if it satisfies the requirements. If all of the money needed has been invested, all of the points needed for attributes can be awarded (75 points).

60.The investment must have been made in the 12 calendar months before the date of application. Any investment made more than 12 months before your application will not be counted.

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