Q&As

For the purposes of a Tier 1 (Entrepreneur) extension application, does the requirement that ‘the funds must have been invested into one or more businesses in the UK.’ also mean that they must be spent by the date of the extension application?

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Published on LexisPSL on 15/01/2020

The following Immigration Q&A provides comprehensive and up to date legal information covering:

  • For the purposes of a Tier 1 (Entrepreneur) extension application, does the requirement that ‘the funds must have been invested into one or more businesses in the UK.’ also mean that they must be spent by the date of the extension application?

For the purposes of a Tier 1 (Entrepreneur) extension application, does the requirement that ‘the funds must have been invested into one or more businesses in the UK.’ also mean that they must be spent by the date of the extension application?

When considering the investment of funds requirement for Tier 1 (Entrepreneur) extension applications, the Immigration Rules, Part 6A, para 245DD(k)(ii) states that:

‘the applicant has genuinely invested the money referred to in Table 5 of Appendix A into one or more genuine businesses in the UK to be spent for the purpose of that business or businesses’

The words ‘to be’ seem to add some confusion as to whether the

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