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Do we need to maintain 200K investment after extension

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teddybear79
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Posts: 224
Joined: Mon Jan 27, 2014 10:20 am

Do we need to maintain 200K investment after extension

Post by teddybear79 » Wed Jan 09, 2019 5:51 pm

Hi,

I need to take some money out of company due to an emergency, I have the extension, I understand I do not need to prove investment again.

Can I do it, or hold on to until ILR , I am not taking big amount but after withdrawal, the DL balance will be 180K

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marcnath
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Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Do we need to maintain 200K investment after extension

Post by marcnath » Wed Jan 09, 2019 9:34 pm

teddybear79 wrote:
Wed Jan 09, 2019 5:51 pm
Hi,

I need to take some money out of company due to an emergency, I have the extension, I understand I do not need to prove investment again.

Can I do it, or hold on to until ILR , I am not taking big amount but after withdrawal, the DL balance will be 180K
There is no need to maintain investment for ILR
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

teddybear79
Member
Posts: 224
Joined: Mon Jan 27, 2014 10:20 am

Re: Do we need to maintain 200K investment after extension

Post by teddybear79 » Thu Jan 10, 2019 11:27 am

Thanks for basically I can withdraw without any issues.

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marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Do we need to maintain 200K investment after extension

Post by marcnath » Fri Jan 11, 2019 10:06 pm

teddybear79 wrote:
Thu Jan 10, 2019 11:27 am
Thanks for basically I can withdraw without any issues.
I have no idea what you mean by issues.

All I can say is there is no requirement under the immigration rules to maintain the investment.
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

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