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Switching from Tier2 - Tier1(Entrepreneur)

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

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

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vinoit
Newbie
Posts: 38
Joined: Sat Jul 30, 2011 11:23 am
Location: United Kingdom
Mood:
India

Switching from Tier2 - Tier1(Entrepreneur)

Post by vinoit » Fri Jan 25, 2013 1:05 pm

Hi,

Currently i am in PSW and working as software developer. My employer ready to sponsor Tier2-(General) Visa. But i come to know about Tier-1(Entrepreneur) from PSW. For Switching from PSW to Entrepreneur we have to show £50,000 but don't know about how much i have to show from Tier 2(If i want to switch in future). Because i have plans of running business near future.

I would like to know about the maintenance amount for Tier2 - Tier 1 Entrepreneur?
Which will be best way to go?

Advance Thanks for your support.

sriks
Junior Member
Posts: 70
Joined: Thu Jan 19, 2012 12:39 pm
Location: London

Post by sriks » Fri Jan 25, 2013 3:26 pm

Tier 2 to Tier 1, is 200,000K or

50K if you can get a venture capital funding

Maintenance is the same regardless of the route , (Tier -2 or PSW)

900 GBP for 3 consecutive months

vinoit
Newbie
Posts: 38
Joined: Sat Jul 30, 2011 11:23 am
Location: United Kingdom
Mood:
India

Post by vinoit » Fri Jan 25, 2013 4:23 pm

sriks wrote:Tier 2 to Tier 1, is 200,000K or

50K if you can get a venture capital funding

Maintenance is the same regardless of the route , (Tier -2 or PSW)

900 GBP for 3 consecutive months

Thanks for your information. So If i switch to tier1 entrepreneur is that possible to make contract with my new company and already working company.

smehmood
BANNED
Posts: 318
Joined: Wed Aug 01, 2012 11:30 pm
Location: Uk
Contact:

Re: Switching from Tier2 - Tier1(Entrepreneur)

Post by smehmood » Fri Jan 25, 2013 4:28 pm

vinoit wrote:Hi,

Currently i am in PSW and working as software developer. My employer ready to sponsor Tier2-(General) Visa. But i come to know about Tier-1(Entrepreneur) from PSW. For Switching from PSW to Entrepreneur we have to show £50,000 but don't know about how much i have to show from Tier 2(If i want to switch in future). Because i have plans of running business near future.

I would like to know about the maintenance amount for Tier2 - Tier 1 Entrepreneur?
Which will be best way to go?

Advance Thanks for your support.


Hi

If switching from PSW £50K
If switching from any other permitted status then its £200K or 50K from Capital Venture firm.

If you think you can start your own biz in near future then i will advise u to go for tier 1 Ent. As u r on psw you only need £50 K investment to get this visa. if you need any help in terms of fund management pls pm me.

Regards
Shaukat

rehan01
Diamond Member
Posts: 1635
Joined: Fri Aug 10, 2012 7:05 am
Location: London

Re: Switching from Tier2 - Tier1(Entrepreneur)

Post by rehan01 » Fri Jan 25, 2013 5:00 pm

smehmood wrote:
vinoit wrote:Hi,

Currently i am in PSW and working as software developer. My employer ready to sponsor Tier2-(General) Visa. But i come to know about Tier-1(Entrepreneur) from PSW. For Switching from PSW to Entrepreneur we have to show £50,000 but don't know about how much i have to show from Tier 2(If i want to switch in future). Because i have plans of running business near future.

I would like to know about the maintenance amount for Tier2 - Tier 1 Entrepreneur?
Which will be best way to go?

Advance Thanks for your support.
Hi

If switching from PSW £50K
If switching from any other permitted status then its £200K or 50K from Capital Venture firm.

If you think you can start your own biz in near future then i will advise u to go for tier 1 Ent. As u r on psw you only need £50 K investment to get this visa. if you need any help in terms of fund management pls pm me.

Regards

I have pm you smehmood plz check n reply whn u get chance regards

vinoit
Newbie
Posts: 38
Joined: Sat Jul 30, 2011 11:23 am
Location: United Kingdom
Mood:
India

Re: Switching from Tier2 - Tier1(Entrepreneur)

Post by vinoit » Mon Jan 28, 2013 5:17 pm

smehmood wrote:
vinoit wrote:Hi,

Currently i am in PSW and working as software developer. My employer ready to sponsor Tier2-(General) Visa. But i come to know about Tier-1(Entrepreneur) from PSW. For Switching from PSW to Entrepreneur we have to show £50,000 but don't know about how much i have to show from Tier 2(If i want to switch in future). Because i have plans of running business near future.

I would like to know about the maintenance amount for Tier2 - Tier 1 Entrepreneur?
Which will be best way to go?

Advance Thanks for your support.


Hi

If switching from PSW £50K
If switching from any other permitted status then its £200K or 50K from Capital Venture firm.

If you think you can start your own biz in near future then i will advise u to go for tier 1 Ent. As u r on psw you only need £50 K investment to get this visa. if you need any help in terms of fund management pls pm me.

Regards
Thanks for your clear information. I have sent an pm. Please check it.

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