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Switching from Tier1 General to tier1 entrepreneur from Uk

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

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tier1ext22pk
Newly Registered
Posts: 15
Joined: Thu Jul 26, 2012 9:06 pm

Switching from Tier1 General to tier1 entrepreneur from Uk

Post by tier1ext22pk » Fri Aug 03, 2012 10:21 pm

Hi All,
1. Can we switch from Tier1 General migrant to tier1 entrepreneur from within UK.

2. Can we show funds equivalent to 50,000 UK Pound sterling in my bank account in my home country in Pakistan.

Thanks

smehmood
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Posts: 318
Joined: Wed Aug 01, 2012 11:30 pm
Location: Uk
Contact:

Re: Switching from Tier1 General to tier1 entrepreneur from

Post by smehmood » Fri Aug 03, 2012 10:50 pm

tier1ext22pk wrote:Hi All,
1. Can we switch from Tier1 General migrant to tier1 entrepreneur from within UK.

2. Can we show funds equivalent to 50,000 UK Pound sterling in my bank account in my home country in Pakistan.

Thanks
HI, yes u can switch but u need to show £200K for sure
Shaukat

crazy_ram
Member
Posts: 130
Joined: Mon Jul 16, 2012 11:52 am
United Kingdom

Re: Switching from Tier1 General to tier1 entrepreneur from

Post by crazy_ram » Mon Aug 06, 2012 2:53 pm

tier1ext22pk wrote:Hi All,
1. Can we switch from Tier1 General migrant to tier1 entrepreneur from within UK.

2. Can we show funds equivalent to 50,000 UK Pound sterling in my bank account in my home country in Pakistan.

Thanks
Yes, you can switch to Tier-1 (Entrepreneur) from General. But You have to show 200k investment money.
The 50k provision applicable to only for those who have Tier-1 (Post Study Work) at the time of application.

But, you have to think about your settlement application conditions if you choose to switch the route.

tier1ext22pk
Newly Registered
Posts: 15
Joined: Thu Jul 26, 2012 9:06 pm

Post by tier1ext22pk » Mon Aug 06, 2012 8:55 pm

Thanks for your valuable advise.
What if one apply from Pakistan for entrepreneur visa and he keeps the funds in a bank which has origin in UK like standard chartered bank, would he still need a letter from bank that funds are freely transferable to UK.

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