April 2013 Rule Changes

[andee_nab]

Hello Everyone!

I am wondering that someone please let me know that ukba will change rules for Entrepreneur Visa for the candidates holding PSW and want to switch for Entrepreneur category in April 2013.
Along with this for how long have to keep 25k or 50k money in account.

A prompt reply will be very helpful.

Kind Regards
Andee

[rehan01]

Hello Everyone!

I am wondering that someone please let me know that ukba will change rules for Entrepreneur Visa for the candidates holding PSW and want to switch for Entrepreneur category in April 2013.
Along with this for how long have to keep 25k or 50k money in account.

A prompt reply will be very helpful.

Kind Regards
Andee

There is no set time period for which you need to keep money in account, As long as you have submitted the documents (eg bank statement, bank letter etc) confirming balance is £50k on the date of application you are fine.

Also you can use the money once submitted the application but some people recommend to keep the money till you get the visa approved

hope it help

regards

Rehan

[rehan01]

Hello Everyone!

I am wondering that someone please let me know that ukba will change rules for Entrepreneur Visa for the candidates holding PSW and want to switch for Entrepreneur category in April 2013.
Along with this for how long have to keep 25k or 50k money in account.

A prompt reply will be very helpful.

Kind Regards
Andee

There is no set time period for which you need to keep money in account, As long as you have submitted the documents (eg bank statement, bank letter etc) confirming balance is £50k on the date of application you are fine.

Also you can use the money once submitted the application but some people recommend to keep the money till you get the visa approved

hope it help

regards

Rehan

[andee_nab]

Thx for your instant reply Rehan. May GOD bless you. And what you recommend ,how to apply I mean in team or alone .

[rehan01]

Thx for your instant reply Rehan. May GOD bless you. And what you recommend ,how to apply I mean in team or alone .

Its entirely upto individual that how you want to apply .... applying with TEAM member or Applying ALONE doesn't make any difference as long as you have correct documents provided.

its just one of the flexibility given by HO to the applicants if we want to do business together, 2 partners want to start an IT company so both can form a team and start working and it doesn't effect each other case.

hope it help

regards

Rehan

[andee_nab]

Thx very much for your reply. Someone tell me its good to apply alone and you will get visa soon. As HO taking a long proessing time to issue visa. Well ,are you know any one who had applied as a team and get their visa.

Plz looking forward for your kind reply.

[kiranchinnu]

Hello Everyone!

I am wondering that someone please let me know that ukba will change rules for Entrepreneur Visa for the candidates holding PSW and want to switch for Entrepreneur category in April 2013.
No one can answer this question as there is no offical statement about this.Till then all of them has to guess.
Along with this for how long have to keep 25k or 50k money in account.

A prompt reply will be very helpful.

Kind Regards
Andee

[wpilr_nov12]

Hello Everyone!

I am wondering that someone please let me know that ukba will change rules for Entrepreneur Visa for the candidates holding PSW and want to switch for Entrepreneur category in April 2013.
Along with this for how long have to keep 25k or 50k money in account.
Recently UKBA made enquiry with the overseas bank wrt one of my acquiantance's overseas fund. Questions asked were related to the authenticity of the bank letter and sponsor's identification. Overseas bank wrote a letter to the sponsor informing her of the same because she was a very high value client and needed her permission to release identity confirmation.

A prompt reply will be very helpful.

Kind Regards
Andee

[alex87]

Hello Everyone!

I am wondering that someone please let me know that ukba will change rules for Entrepreneur Visa for the candidates holding PSW and want to switch for Entrepreneur category in April 2013.
Along with this for how long have to keep 25k or 50k money in account.
Recently UKBA made enquiry with the overseas bank wrt one of my acquiantance's overseas fund. Questions asked were related to the authenticity of the bank letter and sponsor's identification. Overseas bank wrote a letter to the sponsor informing her of the same because she was a very high value client and needed her permission to release identity confirmation.

A prompt reply will be very helpful.

Kind Regards
Andee

Did they also verify the balance on the day of verification?

[wpilr_nov12]

Along with this for how long have to keep 25k or 50k money in account.
Recently UKBA made enquiry with the overseas bank wrt one of my acquiantance's overseas fund. Questions asked were related to the authenticity of the bank letter and sponsor's identification. Overseas bank wrote a letter to the sponsor informing her of the same because she was a very high value client and needed her permission to release identity confirmation.

Did they also verify the balance on the day of verification?

I think the suspicion arose because the sponsor was Grandmother of the applicant, and the existing bank balance was excessively high compared to what is needed (£50k?). But UKBA asked confirmation from the bank (the grandmother said to me) the sponsor's account was real, and if the bank had a copy of the letter sent to the applicant. I did not ask if they enquired about bank balance, but there would be no problem even if asked.