investment in retail business

[Legal83]

Hi

Can we invest money in an existing retail business after sucessfully getting visa. (Psw route) ?[/code]

[Entrepreneur9]

Yes, you can invest in any business after getting your Entrepreneur visa 50k route, however if the business is not at NQF Level 4 or above, you will not qualify for points for investment.

[Legal83]

What about a retail company. If you invest in an already running retail company and become sales and marketing director in that , does this meet the requirement ?

[Entrepreneur9]

You have asked me the same question. No matter what your job title is in the business, if the business is below level 4, you wont qualify for points.

You can invest money in n number of businesses

But to qualify for points you need to invest another 50K in a business that is above level 4.

What about a retail company. If you invest in an already running retail company and become sales and marketing director in that , does this meet the requirement ?

[Legal83]

I GOT visa and it doesnt apparently restricts running your shop or retail business.. Even I read extension requirements and that doesnt say anything about this. They want us to inbest 50k and result creating 2 jobs. NVQ requirement apparently is before getting visa ??

[rehan01]

Your visa condition remain same, if u got visa via paw route than ur business must be level 4 or above n so does ur job title.

Regards

Hi

Can we invest money in an existing retail business after sucessfully getting visa. (Psw route) ?[/code]

[Legal83]

So how can we invest money then ? I checked with in the secrtion 'Conditions of stay' after u get visa; it does not state anything about this.

[rsrameshsunil]

Your visa condition remain same, if u got visa via paw route than ur business must be level 4 or above n so does ur job title.

Regards

Hi

Can we invest money in an existing retail business after sucessfully getting visa. (Psw route) ?[/code]

I dont think this is true. The rule of level 4 and above applies only to claim points under 50k category when applying for the Tier 1 entreprenuer. This is only to prove that your previous stay as a PSW holder was at a graduate level so that they can award points for your graduate level occupation. Once you get the visa, all tier 1 entrepreneur holders are the same. Therefore there is no such rule to do business only at level 4 and above.

[Sug]

Your visa condition remain same, if u got visa via paw route than ur business must be level 4 or above n so does ur job title.

Regards

Hi

Can we invest money in an existing retail business after sucessfully getting visa. (Psw route) ?[/code]

I dont think this is true. The rule of level 4 and above applies only to claim points under 50k category when applying for the Tier 1 entreprenuer. This is only to prove that your previous stay as a PSW holder was at a graduate level so that they can award points for your graduate level occupation. Once you get the visa, all tier 1 entrepreneur holders are the same. Therefore there is no such rule to do business only at level 4 and above.

Hi iam not very sure and I can't assure but when I was new to this visa things in nov2012 I went to few solicitors where I met one guy from westkin solicitors he said once you get visa you can do any business
He showed a proof of mail from PBS enquiry department
Plz don't find me fault as even me not sure if it is possible

[Legal83]

Yes I think there is no restriction once u get visa in terms of business - businesses. I checked policy guidance and it doesnt say that there is any restriction for extension applicants ..

[rehan01]

Guy may be I am wrong but my understanding is this if we got visa under 50 k on the basis of Psw than there is also a restriction of level of business. Nqf 4.

Typical example if someone apply for student visa and after getting student visa successfully now he is legal and he can also work full time instead of 10 hrs or 20 hrs per week work restrictions?

As far as I understand for all those who applied and successfully obtain visa the visa term remain same and level of business must be Nqf 4 or above.

Regards

[Legal83]

I think its confusing, no one is clear, as far as I think you can do any business but your job title / designation in a company has to be level 4 and above, graduate level,,, Not the business.

[KickAss]

Guy may be I am wrong but my understanding is this if we got visa under 50 k on the basis of Psw than there is also a restriction of level of business. Nqf 4.

Typical example if someone apply for student visa and after getting student visa successfully now he is legal and he can also work full time instead of 10 hrs or 20 hrs per week work restrictions?

As far as I understand for all those who applied and successfully obtain visa the visa term remain same and level of business must be Nqf 4 or above.

Regards

Agree with you rehan01
The reason why PSW holders show 50K and get visa is solely because they are considered as skilled workers and they are expected to start a skilled business. if you want to do a business which any Tom, Dick and Harry can do then why the hell they will ask for 50K as investment ?
Its like having a general ticket and travelling first class.
I have not done much research in this topic but my common sense says that PSW T1E holder can do any business but it must be above nfq level 4. if you don't then you might escape for 3 years but certainly wont while applying for extension or worst might get deported.

[Sug]

Guy may be I am wrong but my understanding is this if we got visa under 50 k on the basis of Psw than there is also a restriction of level of business. Nqf 4.

Typical example if someone apply for student visa and after getting student visa successfully now he is legal and he can also work full time instead of 10 hrs or 20 hrs per week work restrictions?

As far as I understand for all those who applied and successfully obtain visa the visa term remain same and level of business must be Nqf 4 or above.

Regards

Agree with you rehan01
The reason why PSW holders show 50K and get visa is solely because they are considered as skilled workers and they are expected to start a skilled business. if you want to do a business which any Tom, Dick and Harry can do then why the hell they will ask for 50K as investment ?
Its like having a general ticket and travelling first class.
I have not done much research in this topic but my common sense says that PSW T1E holder can do any business but it must be above nfq level 4. if you don't then you might escape for 3 years but certainly wont while applying for extension or worst might get deported.

Yes it doesn't make sense but I think may be they forgot to mention in extension guidelines .... Any ways lets first get this visa and think over it these ppl are taking ages to give initial visa god knows what will happen in future

[KickAss]

Chill mate !
Every thing will be all right.
Sooner or later you will get it ..... Enjoy Champions trophy
India won today
Sir Sri Sri Lord R Jadeja did the job.
I am going to Birmingham to watch India Vs Pakistan Will be holding a banner in support of Sir !
If you spot me on TV that you will see KickAss !
Shit I got carried away again !
Super Excited

[rehan01]

Lol good luck but do u knw who will win though ?

Regards

Chill mate !
Every thing will be all right.
Sooner or later you will get it ..... Enjoy Champions trophy
India won today
Sir Sri Sri Lord R Jadeja did the job.
I am going to Birmingham to watch India Vs Pakistan Will be holding a banner in support of Sir !
If you spot me on TV that you will see KickAss !
Shit I got carried away again !
Super Excited

[KickAss]

Tough Call

Dont wann piss my Pakistani mates at this forum ! LoL

Pakistan and Indian squad have gone through a big change.
Many big names are missing on both sides but both the teams are endowed with talent.
Pakistan has a very strong bowling line up and India has a promising batting line up.
Indians have a slight advantage with 3-4 very good fielders like
Kohli, Raina, Jadeja and Kartik which can save 30-40 odd runs in 50 over match.

Overall, the atmosphere will be Majestic !!
Going with my Pakistani mate , so my mule is safe !

[rehan01]

Lol nyc one ...... Hve a gud one and u r ryt India is definately better team than Pakistan but still I expect a good game.

So good luck
Regards

Tough Call

Dont wann piss my Pakistani mates at this forum ! LoL

Pakistan and Indian squad have gone through a big change.
Many big names are missing on both sides but both the teams are endowed with talent.
Pakistan has a very strong bowling line up and India has a promising batting line up.
Indians have a slight advantage with 3-4 very good fielders like
Kohli, Raina, Jadeja and Kartik which can save 30-40 odd runs in 50 over match.

Overall, the atmosphere will be Majestic !!
Going with my Pakistani mate , so my mule is safe !

[sweetlove]

It has to be a business which is in level 4 or above.
The link of ukba gives a the clear answer for extension cases,
The business should acc. To the codes ( level 4 or above)
Please see the link below n help your selves..

http://www.ukba.homeoffice.gov.uk/visas ... igibility/

[Entrepreneur9]

yes you are right, I agree

It has to be a business which is in level 4 or above.
The link of ukba gives a the clear answer for extension cases,
The business should acc. To the codes ( level 4 or above)
Please see the link below n help your selves..

http://www.ukba.homeoffice.gov.uk/visas ... igibility/

[Darvesh]

psw-T1E with 50k access must do level 4 or above business so do the job.

[Legal83]

I think, its better to stick with level 4 business to avoid any future problem, bcz its confusing according to the policy guidance...

[showrave]

hi, I have been to sunrise solicitors and paid £70 for one hour advice. they said for initial visa application I have to show nqf level 4 profession. but for extension any level. it could be level 3. just I have to prove I have invested £50k and created 2 full time job.
so it is still confusing.

[googleit]

Level 4 is only for initial applicants. Getting an entrepreneur visa means u r a business person / an entrepreneur it does not restrict u to do any business. The only restriction they have mentioned in their guidance is property business and in form of secured director loan