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The condition of getting extension after first 3yrs visa is to show investment of 50k and also to employ 2 full-time workers apart from yourself.1. In the £50k route, do you still need to employ 2 full time workers or can you choose to work on your own ?
Yes, you can use third party account from anywhere as long as you get all the required documents according to HO specification.2. Can the £50k be in the account of a third party abroad ?
Hello Jake,Jake1989 wrote:Thanks a lot Olasunkanmi,
I've been on a tier 4 visa for let's say 7 years and when I do get the Tier 1 visa for 3 years, I'd have been here for 10 years.
Would I then be applying for the ILR or renewing the tier 1visa after this period of 10 years ?
Thank you so much for the reply, really helps to know that I have to get my funds from a VCF.Jake1989 wrote:[quote="
Hello Jake,
1st of all you can not apply £50K Tier 1 Entrepreneur from student tier 4. only can apply through VCF.
2nd, Yes if you complete your 10 years tenure before Tier 1 Entrepreneur extension you can apply straight for ILR. OR both comes together then you can do either.
Olasunkanmi wrote:@ Jake1989,
The condition of getting extension after first 3yrs visa is to show investment of 50k and also to employ 2 full-time workers apart from yourself.1. In the £50k route, do you still need to employ 2 full time workers or can you choose to work on your own ?
Yes, you can use third party account from anywhere as long as you get all the required documents according to HO specification.2. Can the £50k be in the account of a third party abroad ?