Changing frm tier 4 to Entrepreneur visa VC PLZ HELP ME..

Tohi1001 · Post by **Tohi1001** » Tue Nov 26, 2013 11:32 am

hello everyone i am new to this site and i have found it very useful.

I am applying in team. i have mba in marketing and my partner has mba in HR. Our company is engaged in Business and marketing services.

Can anyone please tell me that do i have to register my company before i submission and do i have to promote my company before submission?

Anyone who have got visa can please share their documents with me pleaseeeeee.

Post by **Lucapooka** » Tue Nov 26, 2013 3:22 pm

You can switch from T4 only if you have approved VC. Do you have VC from an officislly recognised body?

Tohi1001 · Post by **Tohi1001** » Tue Nov 26, 2013 3:29 pm

i have access to vc firm for 50k .. but do i have to make website for my company before i apply and even do promotions before applying for visa?

Post by **Lucapooka** » Tue Nov 26, 2013 3:35 pm

No, as those are the requirements for PSW. You are in a different league.

Tohi1001 · Post by **Tohi1001** » Tue Nov 26, 2013 3:49 pm

Thank you so much for your view ..

can you tell me what all documents will i require for submission?

please

Post by **Lucapooka** » Tue Nov 26, 2013 3:54 pm

Start by reading the guidance and then ask for help on what you find confusing in that document.

Tohi1001 · Post by **Tohi1001** » Wed Nov 27, 2013 11:32 am

I have gone through the guidance and i cant understand that do i have to keep 50k in our personal account (we are applying as a team) or join business account?

or will the venture capital firm hold 50k with them on our name?

Post by **Lucapooka** » Wed Nov 27, 2013 11:51 am

The VC hold the money, you just need relevant evidence from that entity. Read paras 37-43 of the guidance, and para 100. All very clear.

Tohi1001 · Post by **Tohi1001** » Wed Nov 27, 2013 12:09 pm

These are documents that i have ready now

Business plan, cash flow, team educational degree (masters in marketing and hr), maintainence funds (900)

what else i will be requiring

Post by **Lucapooka** » Wed Nov 27, 2013 12:30 pm

You must read the guidance! I have even directed you to the relevant paragraphs. Don't omit that step in the hope that tips on this forum will stand in lieu. It won't and you will fail if you attempt to do so!

Tohi1001 · Post by **Tohi1001** » Wed Nov 27, 2013 12:55 pm

Thank you

Post by **Lucapooka** » Thu Nov 28, 2013 11:36 am

Tohi1001 wrote:Hi we are students and applying for tier 1 via VC firm. i am confused that do we have access to 50k each or 25k each from the VC firm?

Do we have to submit the business plan with our application or only submit it to the venture Capital firm?

Do we have to do any trading before applying for visa?

BlackBirdSSG · Post by **BlackBirdSSG** » Tue Dec 10, 2013 2:36 pm

Rough Idea

1) Application Form
2) Passport(s)
3) BRP(s)
4) Maintenance Funds Proof
5) English Proof (UK Degree + transcript OR English Certificate)
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A) VC Approval Letters
B) Approved CCA and Legal Documents
C) Printout of FCA page of which VC is giving you approval

Princess of Ammi · Post by **Princess of Ammi** » Tue Dec 10, 2013 3:32 pm

Best people you should seek guidance from are the V.C. which backing you up for this purpose, without discussing your business plan and other requirements in line with immigration rules with them you could not have been offered a back up anyway.

thanks,

Tohi1001 · Post by **Tohi1001** » Wed Dec 11, 2013 12:39 pm

thanx for your suggestion blackbirdsSSG .. We have our plan ready which is related to travel and tourism & recruitment firm which is our family business.

I have got so much of information from this forum and that is why i always ask questions from people who know about it.

but i am still scared of everything.

Do i have to submitt my plan to HO?

Any rpugh idea how long the application takes time?

BlackBirdSSG · Post by **BlackBirdSSG** » Fri Dec 13, 2013 12:34 am

You can send Business Plan to HO, but it's not required.

What you're showing is that your business plan was approved by VC and you got approval letter.

You also have to understand that VC are governed under FCA regulations (not HO), so they issue letter independently and you do not need COS or CAS related numbers issued by HO.

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Since you are switching from T4 to T1, you said you have already registered a company. According to Immigration Rules, Tier 4 students cannot open a company at all. Since VC's are nowadays giving approval to companies, rather than candidates, there's no clear rules given in such regard.

I've seen few cases where T4 students opened a NON-TRADING company and VC gave approval to that company, which may be allowed for such purposes but I am not sure. Someone may give advice on it.

VentureCapital Route · Post by **VentureCapital Route** » Sun Mar 09, 2014 9:53 am

Tohi1001 wrote:thanx for your suggestion blackbirdsSSG .. We have our plan ready which is related to travel and tourism & recruitment firm which is our family business.

I have got so much of information from this forum and that is why i always ask questions from people who know about it.

but i am still scared of everything.

Do i have to submitt my plan to HO?

Any rpugh idea how long the application takes time?

Did you apply finally? Which VC firm did you use? I am waiting to hear from my friend on a London based genuine VC firm and will update on forum in due course. Pls update if you have any info too.

Thanks

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Changing frm tier 4 to Entrepreneur visa VC PLZ HELP ME..

Changing frm tier 4 to Entrepreneur visa VC PLZ HELP ME..

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