Confused regarding DIY!!

[ambitious12]

HI,

I'm currently on PSW which is expiring this month end. I'm planning to open a DIY store. My points of concern are:

1. Is DIY store categorised as retail? And is that allowed for applying for Tier 1 Entrpnr visa?

2. I'll be the Director, and my job profile would be Purchase & Sales Manager for day-to-day running of the business who would obviously not be filling the stock shelves but only overlooking things, so is that fine as per the guidelines?

3. I'l be taking a franchise that would cost me around 10,000 initially. So is that ok?

Looking fwd to ur valuable replies..

Thanks!!

[buntyz]

if u r going to invest 200k den it ok to open DIY store bt if u r lookin for 50k category den u cnt i think...

[alex87]

Not if you are switching from PSW. A DIY will be classified as level 3 as far as I can tell from the guidelines, irrespective of what your job title is. The whole business must fall at level 4 or above.
However, if you are applying with 200,000, then you may start any business as there are no restrictions.

[dd156]

No, it is unlikely to count as NQF level 4.

[ambitious12]

thanks for ur reply.. my point of concern still is that how do we determine if the business is level 4 or above.. my job role of Purchase & sales manager is definitely allowed since it's a level 6 job.. however, in ur opinion it's not allowed only bcoz it's DIY business which is considered aretail business and is hence not a level 4 or above which is therefore not allowed. Did u guys meant to say this??

[rehan01]

thanks for ur reply.. my point of concern still is that how do we determine if the business is level 4 or above.. my job role of Purchase & sales manager is definitely allowed since it's a level 6 job.. however, in ur opinion it's not allowed only bcoz it's DIY business which is considered aretail business and is hence not a level 4 or above which is therefore not allowed. Did u guys meant to say this??

Yes you are right because its a Retail business and its level 3 irrespective of nature of job and level of job you do in that business. (only if you switching from psw to tier 1 under 50k)

if you are applying under 200k category than you can do any business irrespective of level of business level and job title etc

regards