urgent, switching from t4 to t1

[time2866]

Dear everyone,
one of my friend curently would like to switch to t1 from t4 before april 2011.

here is his case:
from 2008-sep 2010 under psw
from oct 2010-current under t4 student visa
He is a director of a company(there also a secartary in the company and he owns 50% of the company shares) which since July 2010, but dormat company.
now due to the change of immigration rules, he trying to submitted the applycation for t1 before 5th april 2011.
Question: the income requirement for t1--can he use the oversea payment trasaction of 35,000 pounds which would made by the end of 30.march 2011? and the amount of it would transfer to his personal account as dividend payment for the year (as you may notice it may only have 1 or two oversea payment and both will only be made by the end of march).

Now he would like to know what is the consequence of the applycation please, and the chance of approved of t1.

Many thanks

[geriatrix]

Dear everyone,
one of my friend curently would like to switch to t1 from t4 before april 2011.

here is his case:
from 2008-sep 2010 under psw
from oct 2010-current under t4 student visa
He is a director of a company(there also a secartary in the company and he owns 50% of the company shares) which since July 2010, but dormat company.
now due to the change of immigration rules, he trying to submitted the applycation for t1 before 5th april 2011.
Question: the income requirement for t1--can he use the oversea payment trasaction of 35,000 pounds which would made by the end of 30.march 2011? and the amount of it would transfer to his personal account as dividend payment for the year (as you may notice it may only have 1 or two oversea payment and both will only be made by the end of march).

Now he would like to know what is the consequence of the applycation please, and the chance of approved of t1.

Many thanks

1. Is the company that you refer to a UK registered company?
2. If yes, is your friend not in breach of his Tier 4 conditions by remaining as a director and controlling shareholder (owner) of the company?
3. If the company is dormant, how is the company making a profit and paying dividend(s)?

[blackthunder]

and ur friend is risking his student visa as well..
once the application is processed i am sure he will be out of U.K with 10 years ban...
so advise him not to apply for tier1..