Guidance on Tier 1 entrepreneur Team Visa - Plz help

[vishus06]

Hello,

I am applying for Tier 1 entrepreneur visa with my father i.e. under Tier 1 entrepreneur Team.

In this case, do I need to show £200K into separate accounts i.e. one for me and one for my dad ??
or
Can I open a shared account with my dad and show £200k into that account? Can we use same money while applying visa under Tier1 entrepreneur team?

Please advise.

Kind Regards

Ashish

[zimba]

You must open a joint account with him and keep the money in there for at least 90 days before you can apply.
After your visa is granted, you will have to transfer the money to the UK into your business bank account as investment and use it in the business.