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funds for tier 1 entrepreneur visa

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

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razz11
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Posts: 19
Joined: Sun Feb 24, 2013 5:11 pm

funds for tier 1 entrepreneur visa

Post by razz11 » Thu Nov 14, 2013 12:38 am

Hi Guys,

I have a question, can i show a mix of funds which totals £ 50k ?? I have some money in my personal bank account in UK and some will be shown as 3rd party sponsor from my father in Pakistan.

So, is it that all the money in UK should be £ 50K or i can show say 30k here and the rest from my father in pakistan ?

thanks,

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

Post by Lucapooka » Thu Nov 14, 2013 7:57 am

Yes. And read the policy guidance.

razz11
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Posts: 19
Joined: Sun Feb 24, 2013 5:11 pm

Post by razz11 » Fri Nov 15, 2013 6:35 am

thanks

James.Dunlop
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Location: London
Contact:
United Kingdom

Post by James.Dunlop » Fri Nov 15, 2013 10:39 am

The money from your father must be freely transferrable to the UK. It can be easier if he opens a UK bank account and shows funds already in the UK, but this is not essential
James Dunlop

mailto:james.dunlop@jdunlop.com

Olasunkanmi
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Posts: 1324
Joined: Sat Aug 17, 2013 11:28 pm
Location: London, UK.

Re: funds for tier 1 entrepreneur visa

Post by Olasunkanmi » Fri Nov 15, 2013 11:00 am

@ razz11, the best and most easy way is to ask your father to transfer the fund in Pakistan into your UK bank account. This will save you lot of stress about third party letter, affidavit and even Home Office confirmation will be easy if necessary.
The key to success is knowledge and hardwork, and to have faith.

Risk_taker
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Posts: 25
Joined: Tue Jun 04, 2013 5:41 pm

Post by Risk_taker » Fri Nov 15, 2013 12:03 pm

To make it easier for a decision to be made faster, I would recommend you to ask your dad to transfer the funds into your uk bank account.

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