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can a tier 2 visa holder hold shares of a company

Only for the UK Skilled Worker visas, formerly known as Tier 2 visa route

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2

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daisy8738
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Joined: Tue Mar 22, 2016 5:42 pm

can a tier 2 visa holder hold shares of a company

Post by daisy8738 » Tue Mar 22, 2016 5:48 pm

Hi, everyone, I am holding a tier 2 visa in Uk. Meanwhile, I am holding shares of a company registered in the Netherlands. Does it against the law of Tier 2 work permit regulations? do I have to pay tax to UK?
I don't know if "co-founder" / "holding shares" is considered as another job.

Wanderer
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Re: can a tier 2 visa holder hold shares of a company

Post by Wanderer » Tue Mar 22, 2016 9:15 pm

Can't see any issue with it but you will have to pay tax in UK subject to any DTA.
An chéad stad eile Stáisiún Uí Chonghaile....

daisy8738
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Re: can a tier 2 visa holder hold shares of a company

Post by daisy8738 » Wed Mar 23, 2016 12:17 am

Wanderer wrote:Can't see any issue with it but you will have to pay tax in UK subject to any DTA.
thanks, and then, can I take a position in that company, something like ... project manager? what if I get income from that company. then I have to pay income tax in both countries? does that count as a second job? which should not be longer than 20 hours?

I just don't quite understand the tier 2 visa regulations - not allowed to take a second job for longer than 20 hours. it only applies to the jobs in UK, right? another oversea job is fine?

sorry for so many question, just want to be clear.

daisy8738
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Posts: 4
Joined: Tue Mar 22, 2016 5:42 pm

can I have another job in another country?

Post by daisy8738 » Thu Mar 24, 2016 12:04 am

hi, I am holding a tier 2 visa. Can I have another job in another european country? for this second job in another country, do I have to pay tax to UK?

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CR001
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Re: can I have another job in another country?

Post by CR001 » Thu Mar 24, 2016 9:12 am

If you have some sort of work visa for whichever EU country, I can't see it being an issue, provided of course that you are fulfilling ALL the requirements of your Tier 2 G visa. You will have to check on the income declaration aspect though. We don't have tax specialists on the forum though.
Char (CR001 not Casa)
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