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Tier 2 switching to Tier 1 50 K

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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

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mohamedlasheen
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Tier 2 switching to Tier 1 50 K

Post by mohamedlasheen » Wed Nov 07, 2018 11:44 am

All,
I'm currently on T2 General since Sep. 18, I think of switching to T1 Entrepreneur with the 50 K route, I understand that the 50 K should be from a venture capital firm registered with the Financial Conduct Authority (FCA), I can show that I have the 50 K in an account in HSBC UK, would that be appropriate? please advise.
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CR001
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Re: Tier 2 switching to Tier 1 50 K

Post by CR001 » Wed Nov 07, 2018 1:13 pm

You cannot use your own funds for 50k route as far as I am aware.

https://www.gov.uk/tier-1-entrepreneur/ ... ment-funds
Char (CR001 not Casa)
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zimba
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Re: Tier 2 switching to Tier 1 50 K

Post by zimba » Wed Nov 07, 2018 3:42 pm

Venture Capital (VC) funding evidence changes from Jan 2018
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice
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