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Re: Is it legal to buy shares of a company (Not the sponsor)

Only for the UK Skilled Worker visas, formerly known as Tier 2 visa route

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arnair
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Joined: Fri Jul 10, 2015 8:55 am

Re: Is it legal to buy shares of a company (Not the sponsor)

Post by arnair » Fri Jul 10, 2015 9:09 am

Am I allowed to buy shares of a company (Not my sponsor) in the UK?

Please note that my desire to buy a company is not connected to my present activity and will not affect my ability to work for my current sponsor.

I consider it as a possible investment - to buy a company (shares on stock market) in order to receive interests/dividends (and at the same time continuing to work for the current employer).

I have gone through the Tier 2 Visa guidance and I couldn't find any information regarding this. The guidance only says you cannot hold more than 10% of shares of your sponsor

Will I breach HomeOffice rules, if I buy some shares of a company(Not my sponsor) being in the UK on Tier 2 General visa?

Thank you.

moonlight55
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Posts: 1159
Joined: Wed Feb 23, 2011 1:42 pm

Re: Is it legal to buy shares of a company (Not the sponsor)

Post by moonlight55 » Fri Jul 10, 2015 9:23 am

That should be fine. It's normal equity trading.

Wanderer
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Posts: 10511
Joined: Thu Apr 21, 2005 1:46 pm
Ireland

Re: Is it legal to buy shares of a company (Not the sponsor)

Post by Wanderer » Fri Jul 10, 2015 11:08 am

Be aware of the new dividend tax our beloved Chancellor introduced this week....
An chéad stad eile Stáisiún Uí Chonghaile....

arnair
Newly Registered
Posts: 6
Joined: Fri Jul 10, 2015 8:55 am

Re: Is it legal to buy shares of a company (Not the sponsor)

Post by arnair » Fri Jul 10, 2015 3:35 pm

Thanks for the reply. :D

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