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not sure if we need 50K or 200K - TEAM Tier 1

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2

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fahadii123
Junior Member
Posts: 65
Joined: Thu Aug 22, 2013 9:15 pm
Location: United Kingdom
United Kingdom

not sure if we need 50K or 200K - TEAM Tier 1

Post by fahadii123 » Sun Jun 22, 2014 11:51 pm

I am on a tier 2(general) visa but will be receiving a 60 days letter from UKBA soon to switch because my company where I worked at for 2 years is closing down and they had to let me go.
I will be applying for team visa with a business partner who is currently on a student visa.

Qs: Can we apply through 50K route? 25k each on UK personal/joint bank accounts? Can this 50K be our PERSONAL money in a UK bank? as I'm quite confused about how the venture capital firms route works..

Please help!

Momi
Senior Member
Posts: 644
Joined: Tue Jan 08, 2013 2:08 pm
United Kingdom

Re: not sure if we need 50K or 200K - TEAM Tier 1

Post by Momi » Mon Jun 23, 2014 12:54 am

You can only apply through 200k route. 50k route is for PSW holders.
Thanks and best of luck. :)

Darvesh
Member of Standing
Posts: 444
Joined: Wed Feb 27, 2013 11:44 pm
Location: London
United Kingdom

Re: not sure if we need 50K or 200K - TEAM Tier 1

Post by Darvesh » Mon Jun 23, 2014 1:26 pm

@fahadii123......u cant team up with a student and need 200k

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