Application for UK Entrepreneur Visa
If anyone is looking to apply for Entrepreneur Visa to UK, then must follow all the rules that are mentioned for the same. All applicants must have these:
Must have 200,000 £ in their own bank or any third party bank who is ready to sponsor.
Must have B1 level of English.
Must have maintenance funds 90 days old in their own Bank account.
If they have all the documents mentioned above are applicable for Tier 1 Entrepreneur visa. This is the visa for those who want to invest and run a business in UK.
This is the visa that will give you 3 years of stay in United Kingdom and in these years you have to open a company or have to buy share in working company. To open a company should be done within the first 6 months and also to be registered under Companies House. Along with this, within three years, the Tier 1 Entrepreneur have to hire atleast two EU or British employees for atleast one year. Also, need to spend the amount mentioned i.e. 200,000 £ (pounds) in the business that they are working on.
The applicant does not have any option to opt for Director loan or invest in any house property. Since this is Entrepreneur visa, all should invest in business they want to run. Lastly, before you apply for this plan, must make the draft of what actually you want to do when you reach UK, what is the business plan that you have in hand too.
