Duration for 50k funds for enterpreneur visa?

[Goldcup]

How much shud be duration for 50k in the account when applying for teir 1 enterpreneur visa?

[Momi]

There is no set duration but you must have 50k in your account while your visa is in process.

[Goldcup]

There is no set duration but you must have 50k in your account while your visa is in process.

Thanks for replying, I am aware that it shud be in my account but can it be in some other country? And is it also necessary to start trading before applying? As I am still setting up my business.

[samaygrg]

There is no set duration but you must have 50k in your account while your visa is in process.

Thanks for replying, I am aware that it shud be in my account but can it be in some other country? And is it also necessary to start trading before applying? As I am still setting up my business.

Regarding the evidences showing that your business is trading, we need to the evidences in the application. Definitely it will increase the credibility of the application.

And that's what HO has asked. Unless you have set specific timeline to start your business and have explained why is that scenario well enough, you must show some of the trading proofs.

hope it helps.

[Goldcup]

thanks a lot guys