Urgent question regarding extension application

[icwcontra]

Can anyone tell me specifically that I need to show continued availability of 200k in my accounts till the tike I apply for extension? For example, if I invested 100k in the first year, should I show that I maintained 100k in a personal account till the time I could invest it in the business?

[noajthan]

Can anyone tell me specifically that I need to show continued availability of 200k in my accounts till the tike I apply for extension? For example, if I invested 100k in the first year, should I show that I maintained 100k in a personal account till the time I could invest it in the business?

Have you checked the guidance?
My understanding is, you certainly can't keep adding, removing and re-adding your investment funds to/from/to the enterprise.

[icwcontra]

Let me clarify by the example below:

1. 200k at the time of application
2. Invested 100k in first year into the company; DO I HAVE TO ENSURE THAT THE REMAINING 100k IS IN MY PERSONAL ACCOUNT ONLY?
3. Invested 100k more in the second year thereby complying with 200k requirement.

[Entrepreneur9]

Let me clarify by the example below:

1. 200k at the time of application
2. Invested 100k in first year into the company; DO I HAVE TO ENSURE THAT THE REMAINING 100k IS IN MY PERSONAL ACCOUNT ONLY?
3. Invested 100k more in the second year thereby complying with 200k requirement.

Guidance says that the investment funds should be continually available to you.

But what UKBA is concerned about is that you have transferred 200k in the business account within 3 years of your visa.

I haven't seen any refusals on this. You should be fine.

[Mrchaany]

[quote="icwcontra"]Let me clarify by the example below:

1. 200k at the time of application
2. Invested 100k in first year into the company; DO I HAVE TO ENSURE THAT THE REMAINING 100k IS IN MY PERSONAL ACCOUNT ONLY?
3. Invested 100k more in the second year thereby complying with 200k requirement.[/quote]
Your question is your answer

Your are right in your 3rd question