Well know you wont. If you have invested via director's loan, then its a loan and not equity. So you wont be eligible for shares.. And hence you need not be shareholder but can still be a director. Tot answer your second question, Share holder/director.. anyone or any combination can be an employee...

According to policy Guidance of tier 1 u must register as a director of a new or an existing business after getting visa within 6 months , it doesnt say anywhere wheter we need to be shareholder as well ? So while being a director of a company but not shareholder is it allowed to work on that compa...

rahil74098 wrote:Hi,
Me and my friend are applying for a entrepreneur visa as a entrepreneurial team. We are planning to show funds in business account. Can anybody help us in bank letter. Thanks in advance

It should in personal account

Can we invest total 200 k (some chunks of transferring amount to business account over three years to make 200k) as Unsecured director loan and start using this for Employee salaries Business expenses etc etc In this scenario can we claim that 200k is invested into the business and apply for extens...

The second business is not relevant to the UKBA; they will not question it or ask for information about it. They are only concerned with the business that you joined or started to gain your Tier 1 (Ent) leave at the 50K PSW threshold. You have to continue with that enterprise to extend your leave. ...

Yes. You can buy and invest in as many UK businesses you wish, as long as your live within the terms of your original Tier 1 (Ent) leave which requires you to run that graduate level business and hire two workers. I am aware of the fact that we can invest in many new businesses but my only concern ...

provided you maintain your existing business as per the conditions. Which it seems you are not intending. The answer to your question is, therefore, no! You would need to leave the UK and apply for Tier 1 (Ent) in the 200K category. So what you mean to say is that if maintain my existing graduate l...

You mean in another business as obviously you can put as much as you wish into your existing entity? Yes, provided you maintain your existing business as per the conditions. You can be a director of the other business but you can't be an employee. There are no general restrictions on investment and...

Is there anyone expert who can answer my question. I already hold Tier 1 Entrepreneur Visa (PSW 50K) category. My question is : Is it possible for me to invest 200K in a business which is not at graduate level keeping in mind my current visa status? Please either provide reason or reference to your ...

hello everyone, As you all might have noticed that UKBA has recently enquired to some of the applicants who are using their home for business purpose and have asked for some documents to proof it e.g tenant lease( to check if it allows you to operate for business from private property) home busines...

According to UKBA website Form SET(O) Form SET(O) is for many other types of settlement applications. You can currently use form SET(O) if you are in one of the following immigration categories and you have been living in the UK in a relevant category for 5 years: Tier 1 or Tier 2 of the points-bas...

Finally I received my BRP today as well. Please see below my application timeline: 1) Applied on 13 July 2012 - PSW to Tier 1 Entrepreneur (Funds in UK) 2) Biometrics given on 1st August 2012 3) Approval Letter and documents received on 5th December 2012 4) BRP received on 11th December 2012 Total T...

my visa was approved ydy! waiting for passport n brp! psw cat D, funds in UK i did my bios 1st aug no contact between me n UKBA. Hi mate, How u know ur visa approved without BRP and passport? I gave my bio on 23rd July n nothing came yet. Not happy at all!! Bhaku I can understand your frustration b...

By the grace of Allah, I have finally received my approval letter today. It was a long wait of approximately 5 months. I understand for other users that it is really frustrating to wait for that so long but finally it is over now. Details are given below: 1) Applied in July 2012 - PSW to Tier 1 Entr...