50K or 200K for a business more than 1-year old?

[syy]

Hi,

I registered as self-employed and started an art & design business 2 years ago while holding a Post-Study visa. I want to stay for my work by getting a Tier 1 (Entrepreneur) visa this year. However, I double checked the policy guidance recently and realised I might be required to make 200K further investment instead of 50K.

This is what makes me confused: Page 37 of 53 - Annex A - A3 & A4:

A3. The money used will only qualify for the award of points if it will be new investment in the UK. A new investment is one made within the 12 calendar months before the date of application.

A4. If you have already legally established a business that complied with relevant UK legislation in the UK while here under a different immigration category, you must satisfy the full requirements for the Entrepreneur initial application before you can be considered for approval. This means that if you made the investment in the business more than 12 months before applying to enter the category, you must make a further investment of 200K.

My question is the definition of "new investment". Does it mean "the money I put in an existing business" or a "totally new business"?

My business has been lasting for 2 years but I put in money to buy new equipments every year. It is an on-going investment. It's not fully established but time-wise I am not sure if the UKBA will see that as an established one.

If anyone can give me some advice on this, that would be great.

Many thanks,
Suet Yi

[Entrepreneur9]

Please do not create multiple posts.

Hi,

I registered as self-employed and started an art & design business 2 years ago while holding a Post-Study visa. I want to stay for my work by getting a Tier 1 (Entrepreneur) visa this year. However, I double checked the policy guidance recently and realised I might be required to make 200K further investment instead of 50K.

This is what makes me confused: Page 37 of 53 - Annex A - A3 & A4:

A3. The money used will only qualify for the award of points if it will be new investment in the UK. A new investment is one made within the 12 calendar months before the date of application.

A4. If you have already legally established a business that complied with relevant UK legislation in the UK while here under a different immigration category, you must satisfy the full requirements for the Entrepreneur initial application before you can be considered for approval. This means that if you made the investment in the business more than 12 months before applying to enter the category, you must make a further investment of 200K.

My question is the definition of "new investment". Does it mean "the money I put in an existing business" or a "totally new business"?

My business has been lasting for 2 years but I put in money to buy new equipments every year. It is an on-going investment. It's not fully established but time-wise I am not sure if the UKBA will see that as an established one.

If anyone can give me some advice on this, that would be great.

Many thanks,
Suet Yi