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Information request regarding Entrepreneur visa £50000 route

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

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orange76
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Information request regarding Entrepreneur visa £50000 route

Post by orange76 » Sun Aug 12, 2012 4:00 pm

Dear all-

My post study is due to expire in a weeks time and I am back in my native Pakistan. I need to ask do I still stand a chance to apply for Entrepreneur visa (£50000 route)? If so could anyone please guide me what and how to do. Any help in this regard will be highly appreciated and apologies for any inconvenience if this has been discussed before.

Thank you in advance.

Lucapooka
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Post by Lucapooka » Sun Aug 12, 2012 4:23 pm

To qualify for the psw concessions (money) you would need to apply inside the UK having previously registered a business or self-employment. I doubt you can do any of this in the time remaining.

orange76
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Post by orange76 » Sun Aug 12, 2012 5:01 pm

Thank you what options are left for me know if any??? other than a PhD?

orange76
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Post by orange76 » Sun Aug 12, 2012 5:02 pm

Now*

Lucapooka
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Post by Lucapooka » Sun Aug 12, 2012 5:29 pm

You have changed the subject, which was how you might qualify for an entrepreneur visa. Where does a PhD enter into that scenario? Or are you just looking for any visa category that gets you into the UK and don't really have a care or a clue?

orange76
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Post by orange76 » Sun Aug 12, 2012 5:45 pm

Thank you again no I have not changed the subject since my chances of applying for this category are close to zero Please suggest if there is any option left and I will be highly obliged. Unfortunately, I came to know about this scheme very late. I am a clinician/therapist and my area of expertise is learning and intellectual disabilities.

PhD is always on my mind ever since I finished my masters.

Lucapooka
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Post by Lucapooka » Sun Aug 12, 2012 5:49 pm

Well if the subject is still restricted to your eligibility for Tier 1 (ent) using the PSW concessions, I think we have already discussed your options in their entirety. You can also apply from outside the UK if you have access to 200K. Good luck.

orange76
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Post by orange76 » Sun Aug 12, 2012 6:18 pm

Thank you for your input I just send you a private message could you please read and respond.

Lucapooka
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Post by Lucapooka » Sun Aug 12, 2012 7:30 pm

I never respond to PM's. This is a discussion forum where questions are elaborated in public. That way, anything that is discussed that is not true or incorrect can be challenged by others. I would urge everyone else to do likewise. Otherwise, how do you know I'm not a prankster spinning you a line for my own amusement?

orange76
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Post by orange76 » Sun Aug 12, 2012 7:55 pm

One final question Is it possible to apply for a visit visa and after getting into the UK register the business and apply OR this chapter is closed I mean the Entrepreneur visa (£50000 route)?

Lucapooka
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Post by Lucapooka » Sun Aug 12, 2012 8:30 pm

You can't switch from visit visa to Tier 1 (Ent).

orange76
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Post by orange76 » Sun Aug 12, 2012 9:15 pm

Thanks you've been a great help.

challengerdeeprises
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Company Audit

Post by challengerdeeprises » Tue Aug 14, 2012 8:43 pm

Hi, I want to switch my immigration status from Tier 1 PSW to Tier 1 Entrepreneur and want to clarify a doubt about the Entrepreneur visa.

I was informed that once the Entrepreneur visa is granted, the UKBA will do company audits every quarter of a year regarding where the funds are being invested. Is it true?

The policy guidance does not provide any information about the same and I would really appreciate if you could clarify my doubt as it will help me to make a decision.

P.S: I apologise if I have entered the question in the wrong topic.

Lucapooka
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Post by Lucapooka » Tue Aug 14, 2012 9:26 pm

No, the only time you need to provide evidence of the investment is when you apply to extend your leave after three years.

dpr1979
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Post by dpr1979 » Wed May 15, 2013 5:36 am

Hi Guys,
Thank you all for your postings with such invaluable information from time to time.

I am planning to apply for entrepreneur visa soon. i have hit a big hiccup in the third party funding.

A quick briefing:

1) Need to apply tier with brother as a team.

2) I have a UK bank account but presently in India since visa got expired.

3) Plan to show funds:

a) GBP 1,13,000 in a joint account in India's bank with brother.

b) GBP 47,000 in UK bank account in my individual name.

c) GBP 40,000 in a bank account with sister in USA as a third party funding.

My question is:

1) Will the UKBA except the funding in my own account alone or my brother should be a joint account holder in it?

2) The template that UKBA has given for third party funding specifically mentions to put the applicants names in the letter, which the US bank denies that it can never do such a thing as they dont care what my sister does with her money and whom she wants to give it to. In short they do not entertain UKBA's format.


It would be a great help if some1 can guide as to what format of letter shall i use that could be excepted.

Can they except a bank letter that my sister has so and so amount and a supporting declaration from my sister?

Please guys if you can help me out on this one.

Many thanks
In advance

D

I would take this opportunity to thank each and every1 who have posted on this forum and provided with such valuable insight.

monolyte
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Post by monolyte » Wed May 15, 2013 7:16 am

GO AND ''STUDY'' (not read) YOUR TIER 1 E POLICY GUIDE

babylondoner
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Post by babylondoner » Wed May 15, 2013 9:45 am

dpr1979

guy, WTF is wrong with you? stop spamming.

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