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Hi Sanjay1, off-course you can buy Subway, but you can't buy subway in £50k. You need to invest 100k to open a Subway anywhere in Greater London. I'm also in the process to apply visa for same and plans to open restaurant. Are you applying within the UK or from India?sanjay1 wrote:thanks for good sugession.
can i buy any business like subway? does it comes under investment?
my money is still in india and is there any rule like to transfer the money into our business account within 6 months after visa approved?
Hi qwedsasd, are you saying you can't open a restaurant and you can't get a Tier 1 Entrepreneur 200k visa to open a restaurant?qwedsasd wrote:Hi
You Cannot buy subways and restaurants under 50k investment and show them as your business. In that case customer becomes the one buying sandwiches and the work you will be doing wont qualify for nqf level 4 unless you are planning to do something else with the subway or restaurant
Thanks for the info mate. I was talking about 200k route and didn't know that rules are different for 50k Tier 1. I'm in process to join my family friends in their restro business and for that I need Tier 1 Visa 200k route.Olasunkanmi wrote:You can do any business except property management and property lettings if you have 200k funding or 50k funding from venture capital and govt departments.
But for 50k cash investment through the PSW route, you cannot open restaurants or subways. The service that your business render must be at or above NQF level 4 regardless of your job title in the business.
Even if you are Executive director of a takeaway shop, its not acceptable for the 50k PSW route.