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200k. I do not know whether salary can be considered investment or not, as the salary of my employees are from my profits.mcr2013 wrote:Congratulations: was it 50k or 200k? 2ndly employees salary is considered as an investment?
What documents you submitted for the extension ? Please can you give us a list and useful suggestionsoriental2000 wrote:Could any expert kindly give me some help? My Tier 1 entrepreneur has been extended. Do I still need to employ two employees full time? Your reply will be much appreciated.
Application date: end of April 2014JohnOhn wrote:Congrats! Can you please let us know:
When did you apply for the extension and when was it granted (in other words, how long did it take them to make a decision)?
What documents did you provide as evidence to get your extension?
Have you received an answer yet from the HO if you need to hire an additional 2 full-time workers while on your entension in order to qualify for ILR?
Yes, you can absolutely call them. They're actually good at getting back to you with answers too. Their contact info is:oriental2000 wrote:
Application date: end of April 2014
Approved: end of June 2014
I did not ask HO about the question. Can we ask them the question? what is their phone number or email for enquiry, please?
Thank you so much.JohnOhn wrote:Yes, you can absolutely call them. They're actually good at getting back to you with answers too. Their contact info is:oriental2000 wrote:
Application date: end of April 2014
Approved: end of June 2014
I did not ask HO about the question. Can we ask them the question? what is their phone number or email for enquiry, please?
UK Visas and Immigration contact centre
Telephone: 0300 123 2241
Monday to Thursday, 9am to 4.45pm
Friday, 9am to 4.30pm
I put the whole money into the account and show it by shares. Then use the whole capital or part of it to do the business. Always keep the capital there.whiteroses wrote:Congratulations!
Did you spend the entire £200K through your business, or did you just invest it (as a loan to the business or shares)?
Thanks.
And you obviously started making a profit in the business before the £200k investment was already spent, correct? But as long as you showed that you A) invested the money, and B) spent it over the course of three years it didn't matter to the HO if you were also making and spending money earned via profit correct?oriental2000 wrote: I put the whole money into the account and show it by shares. Then use the whole capital or part of it to do the business. Always keep the capital there.
I do not think you need to spend all the capital.JohnOhn wrote:And you obviously started making a profit in the business before the £200k investment was already spent, correct? But as long as you showed that you A) invested the money, and B) spent it over the course of three years it didn't matter to the HO if you were also making and spending money earned via profit correct?oriental2000 wrote: I put the whole money into the account and show it by shares. Then use the whole capital or part of it to do the business. Always keep the capital there.
oriental2000 wrote:I put the whole money into the account and show it by shares. Then use the whole capital or part of it to do the business. Always keep the capital there.whiteroses wrote:Congratulations!
Did you spend the entire £200K through your business, or did you just invest it (as a loan to the business or shares)?
Thanks.
for me, yes. however, I think I do not have to.whiteroses wrote:oriental2000 wrote:I put the whole money into the account and show it by shares. Then use the whole capital or part of it to do the business. Always keep the capital there.whiteroses wrote:Congratulations!
Did you spend the entire £200K through your business, or did you just invest it (as a loan to the business or shares)?
Thanks.
Thank you for replying.
After transferring the amount of £200,000, did you spend the equivalent of £200,000 on the business (whether from capital or profit)?
Thanks again.
I do not need to call HO as I have got one employee working for me for long. He is not leaving after I promise to raise his salary. If the clarification is so important for you, you can call them. Thanks.JohnOhn wrote:@oriental2000 - Did you manage to call the HO on the phone and get clarification about the extension employee requirements?
Actually, I'd call them ASAP if I were you. Under the new guidelines you CANNOT employ a single person for 24 months. Well, you can, but they'll only count that as meeting half of your employment obligations. You must employ 2 separate individuals for a period of 12 months each.oriental2000 wrote:I do not need to call HO as I have got one employee working for me for long. He is not leaving after I promise to raise his salary. If the clarification is so important for you, you can call them. Thanks.