Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.
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waqas40581
- Junior Member
- Posts: 73
- Joined: Thu May 19, 2016 10:53 am
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by waqas40581 » Thu Oct 12, 2017 6:31 pm
Dear members,
I am posting on behalf of my friend who is not active on this forum
My friends tier 1 extension approved
Applied : 23 march2017
Application nature : team 50k third party director loan
Bio matrix : 12 April 2017
Complex letter 15 April
Office : no office running business from home address
No interview
He applied as a team he just sumbitted required docs even there was many mistakr in his application but it's all about luck he got his visa
I am very happy for him
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tierloop
- Junior Member
- Posts: 61
- Joined: Fri Oct 06, 2017 1:25 am
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by tierloop » Thu Oct 12, 2017 7:03 pm
Congratulations to your friend.
As I am on the same path of 50K 3rd party application if you could kindly ask your friend that how did he show the investment funds like by transferring funds from 3rd party account to his business account
or by transferring from his own personal account to his own business account.
How he created director loan in 3rd party investment scenario.
It would be really appreciated.
Thanks
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waqas40581
- Junior Member
- Posts: 73
- Joined: Thu May 19, 2016 10:53 am
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by waqas40581 » Thu Oct 12, 2017 7:09 pm
He transferred directors loan from His personnel to business account as per policy not direct from third party to business account
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sm12
- Diamond Member
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- Joined: Thu Jan 31, 2013 4:14 am
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by sm12 » Thu Oct 12, 2017 7:16 pm
Thank you for sharing his timeline here.
Was he just trading from home or was the registered address of the company also the home address?
Also, you mentioned that his application was approved despite errors. Could you briefly share what the errors were about?
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tierloop
- Junior Member
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by tierloop » Thu Oct 12, 2017 7:33 pm
waqas40581 wrote: ↑Thu Oct 12, 2017 7:09 pm
He transferred directors loan from His personnel to business account as per policy not direct from third party to business account
I am bit confused about 3rd party scenario. Isn’t it necessary that funds should be transferred from 3rd party to your business account in order to show the origin of the investment as in initial application we showed that 3rd party would be providing us funds as investment for business
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waqas40581
- Junior Member
- Posts: 73
- Joined: Thu May 19, 2016 10:53 am
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by waqas40581 » Thu Oct 12, 2017 7:46 pm
sm12 wrote: ↑Thu Oct 12, 2017 7:16 pm
Thank you for sharing his timeline here.
Was he just trading from home or was the registered address of the company also the home address?
Also, you mentioned that his application was approved despite errors. Could you briefly share what the errors were about?
his trading and registered both were same address ( home address )
About errors means many members believe attached contracts or invoice or send 12 months business statement to get visa approved he didn't send any of them
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annoyedatukba
- Member of Standing
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- Joined: Wed May 01, 2013 11:26 am
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by annoyedatukba » Thu Oct 12, 2017 11:16 pm
Congratulations to your friend ... I like the approvals that are coming through these days. Makes me hopeful for the rest of us that are still waiting.
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Successlondon
- Newly Registered
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by Successlondon » Fri Oct 13, 2017 5:17 am
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congratulations. Can you please tell when was it approved. I mean which date. Thanks. I applied similar date.
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sm12
- Diamond Member
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- Joined: Thu Jan 31, 2013 4:14 am
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by sm12 » Sun Oct 15, 2017 3:05 pm
waqas40581 wrote: ↑Thu Oct 12, 2017 7:46 pm
sm12 wrote: ↑Thu Oct 12, 2017 7:16 pm
Thank you for sharing his timeline here.
Was he just trading from home or was the registered address of the company also the home address?
Also, you mentioned that his application was approved despite errors. Could you briefly share what the errors were about?
his trading and registered both were same address ( home address )
About errors means many members believe attached contracts or invoice or send 12 months business statement to get visa approved he didn't send any of them
Oh right, thank you for sharing that. Was he interviewed at the time of making the initial application? Also, was his business in profit?