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Search found 7 matches

by Emjay87
Tue Aug 08, 2017 12:13 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Re: Investment of funds question

Dear Moderators and Members, I hope you are all well and working towards your goals with great commitment. I made my Tier 1 Entrepreneurs (Extension) Application on 17th of June 2017. I received the acknowledgement letter a few days later and submitted my biometric information on 24th of June2017. s...
by Emjay87
Thu Jun 08, 2017 5:01 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Re: Investment of funds question

I have another question with regards to the maintenance of funds (10 points) I made a counting error and turns out that even if I made my application on the last day of my current leave, it will only be 89 days as opposed to 90 days. That is a tough one. As Zimba pointed out, not worth taking the r...
by Emjay87
Wed Jun 07, 2017 3:03 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Re: Investment of funds question

The question is; Can I leave the remaining funds in the business account, not spend it unless required and it will still be counted towards the points for investment - 50K? Yes. There is no need to spend it all Hi Zimba88, i hope you are well. Can I get some help with Point 143 of Claiming Points f...
by Emjay87
Thu Apr 27, 2017 1:05 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Re: Investment of funds question

I highly suggest to avoid making an out-of-time application (after the expiry of your visa). That means if you are refused, you get NO CHANCE to apply for another application. Your maintenance must cover the full 90 days and the date of the last statement must not be more than 31 days from the date...
by Emjay87
Wed Apr 26, 2017 4:01 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Re: Investment of funds question

The question is; Can I leave the remaining funds in the business account, not spend it unless required and it will still be counted towards the points for investment - 50K? Yes. There is no need to spend it all Hi Zimba88, Thank you for your prompt response. I have another question with regards to ...
by Emjay87
Wed Apr 26, 2017 3:51 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Re: Investment of funds question

P.s I am new to this forum, and I have a great sense of respect for all the member and moderators. if I have chosen the wrong thread or perhaps posted my query wrongly, then please excuse me and let me know what should change. I have split your post to its own topic here. It is considered rude to '...
by Emjay87
Wed Apr 26, 2017 3:16 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment of funds question
Replies: 14
Views: 1037

Investment of funds question

If your company was in loss so any directors salary you took is out of the directors loan . £xxxxx (Director loan ) - £xxxx (Directors salary) = Investment as directors loan . if this is less than 50k or 200k you will need to reinvest this as directors loan or HO will not award any points for inves...