The guidance specifically say it has to be cash investment into the company. The accounts (certified by the Accountant) reflect the investment. Here's the relevant section from the guidance document Audited or unaudited accounts must be prepared and signed off in accordance with statutory requireme...
I am going to purchase an existing limited company (100% of shares @ 200,000). The vendor will sell 100% of her business to me and got that 200,000 from selling her shares.
Does it count as 200K investment when I apply for extension later?
Dear all, I submitted my T1 visa application in China on 10 July, was asked to submit some extra document (bank letter in accordance of guidance) on 23 July. I submitted new bank letter on 30 July and got my visa today 10 August 13. No telephone interview, no face to face interview. I learned a lot ...
This is really helpful. Thanks for sharing! :lol: Business plan provided! Questions 1) What was the last time you traveled to UK? 2) What was the last time you exited the UK? 3) What was the purpose of stay? 4) Do you have any relatives in the UK? 5) Who helped you put up the application? 6) How man...
Yes, but the business also needs to have spent 200K on operating expenses during that period. It does not have to be that particular 200K you invested, but it does need to be a sum in that amount, perhaps garnered from the operating profit garnered during the three year period. Thanks Lucapooka. Th...
Lucapooka wrote:The investment has to be completed before an extension can be made.
Thanks Lucapooka!
Does this mean that I just need to transfer all 200K into my business account in UK within 3 years of my stay and before applying for another 2-year extention?
Hi all, I am preparing my T1 visa and doing the homework / research for the possible business I can do after I get the visa. I sent email to UK Trade & Investment asking for the industry capability report, major event etc. However no response from them at all. I am wondering what are the resourc...
