- FAQ
- Login
- Register
- Call Workpermit.com for a paid service +44 (0)344-991-9222
ESC
Welcome to immigrationboards.com!
Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2
NoSha09 wrote: ↑Sat Jan 16, 2021 7:54 pmDear all,
I have a couple of questions regarding tier1 entrepreneur to ILR and would like to request your expert reviews:
1. The requirement says "The applicant has invested, or had invested on his behalf,
not less than £200,000 (or £50,000 if, in his last grant of
leave, he was awarded points for funds of £50,000) in
cash directly into one or more businesses in the UK." The applicant will not need to provide evidence of this
investment if they were awarded points for it, as set out in
Table 5, in their previous grant of entry clearance or leave
to remain as a Tier 1 (Entrepreneur) migrant (this includes
the evidence to demonstrate that the investment was in a
UK business)."
Question 1: If I invested 50K in my business and was granted points for the extension, Now during the current leave if I withdraw £5000 as a director loan which reduces the Director loan to £45k and then after few days I re-invested £5000 which sum it again 50K director loan investment. In this case, will it affect my 50K investment points for ILR? since, at the end of the year, my annual will show as £50K as a Director loan investment?
NoSha09 wrote: ↑Sat Jan 16, 2021 7:54 pmQuestion 2: I created 2 full-time jobs during my initial leave. Empoyee1 is still working with me but the Employee2 left the job after a month when I got an extension. Then the pandemic started and I did not hire anyone for a few months. Now I hired another person (employee2) again and if this employee2 keeps working for the next 12 months then will there be any issue if a gap came in for the employee2 job?
I can't say that.