Switching from PSW to tier 1 entrepreneur on 50k

nehal · Post by **nehal** » Mon Mar 11, 2013 2:35 am

Hi
Can anyone help me in this matter, I am buying a business only to get psw entrepreneur visa on 50k. The business is for 30k and its a minicab office. And i will show rest of the amount in my account. my question is starting a minicab office is ok to get entrepreneur visa? Does this business qualify the requirements of home office or NQF level 4?

waiting for your response.

Thanx

[/quote]

Post by **Lucapooka** » Mon Mar 11, 2013 7:49 am

nehal · Post by **nehal** » Mon Mar 11, 2013 8:17 am

Thanks for replying Lucapooka but I have ask a solicitor he was saying you can apply' now i am confuse. Shall I invest money in this business or not? Because I am going to manage the office.

Post by **Lucapooka** » Mon Mar 11, 2013 9:01 am

You need to read the policy guidance, which is very clear and easy to understand on this particular issue. With an investment of 200K you can have any type of business. However, if you are using the PSW switching concession with an investment of 50K, the type of business activity is restricted to NQF Level 4.

BlackBirdSSG · Post by **BlackBirdSSG** » Mon Mar 11, 2013 8:14 pm

There were solicitors in London who were still applying for students with £200,000 sponsor (inside UK) ... after 13 December 2012

So, you may wanna rethink your solicitor now!

nehal · Post by **nehal** » Mon Mar 11, 2013 10:19 pm

Thanx everyone for responding. Today I ask my solicitor he told me if I will register myself as a business director of a minicab office then I can get entrepreneur visa. Do you have any idea?

kashnex · Post by **kashnex** » Mon Mar 11, 2013 10:55 pm

nehal wrote:Thanx everyone for responding. Today I ask my solicitor he told me if I will register myself as a business director of a minicab office then I can get entrepreneur visa. Do you have any idea?

Boss all I can suggest u is to find a better solicitor or read the policy guide once as lucapooka advice u already...... rest is up to you

all the best

rehan01 · Post by **rehan01** » Tue Mar 12, 2013 8:49 am

As advised by other users you can not do business which is not at level 4 on 50k category but yes you can do taxi business or any other type of business if you applying under 200 k.

Also strongly advised you to read policy guidance once again and fire your solicitor because he is not capable enough to guide you properly because ukba have used taxi firm business as an example in guidance.

Regards.

nehal wrote:Thanx everyone for responding. Today I ask my solicitor he told me if I will register myself as a business director of a minicab office then I can get entrepreneur visa. Do you have any idea?

monolyte · Post by **monolyte** » Tue Mar 12, 2013 9:22 am

nehal wrote:Thanks for replying Lucapooka but I have ask a solicitor he was saying you can apply' now i am confuse. Shall I invest money in this business or not? Because I am going to manage the office.

THE SOLICITOR IS AFTER YOUR MONEY. THE TIER 1 (E) POLICY BLUNTLY STATES THAT CAB BUSINESS WILL NOT SCORE POINTS. HE JUST WANTS TO MAKE MONEY OUT OF YOU. AFTERALL WHAT DOES HE HOLD TO LOOSE. MY FRIEND GO AND FIND ANOTHER SOLICITOR AND MAKE SURE HE IS REGISTERED AS AN IMMIGRATION LAWYER. THEIR ARE LOTS OF CREEPS OUT THERE. SO DONT FALL VICTIM. I JUST HOPE YOU HAVE NOT FALLEN FOR IT YET. OR YOU MAY BE IN HOT SOUP......

sky_rise · Post by **sky_rise** » Tue Mar 12, 2013 10:36 am

nehal wrote:Hi
Can anyone help me in this matter, I am buying a business only to get psw entrepreneur visa on 50k. The business is for 30k and its a minicab office. And i will show rest of the amount in my account. my question is starting a minicab office is ok to get entrepreneur visa? Does this business qualify the requirements of home office or NQF level 4?

waiting for your response.

Thanx

[/quote]

Definitely you can not get visa with 50k on this type of business.

tuliprose · Post by **tuliprose** » Tue Mar 12, 2013 8:56 pm

nehal please read page 10 of 52 of Tier 1 Entrepreneur Policy Guidance, which will answer your question, and as advised by other members, you will be not be eligible.

In an occupation skilled to graduate level

Other than the work necessary to administer the business, your main business activity must be working skilled to National Qualifications Framework 4 or above. We will not take into account the tasks involved with the running of the business for this assessment.

For example

• If the business is software sales and your main activity is developing software, you may qualify for points;

• If the business is a taxi firm, the main occupation is driving a taxi and you will not score points even though you manage the business. Your main activity is providing a taxi service which is not skilled to graduate level.

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Switching from PSW to tier 1 entrepreneur on 50k

Switching from PSW to tier 1 entrepreneur on 50k

Re: Switching from PSW to tier 1 entrepreneur on 50k