Entrepreneur Visa Extensions

 The UK entrepreneur visa category (Tier 1) is for business persons who would like to establish a business in the UK or join and invest into an existing business.

Tier 1 entrepreneur visa applicants are required to satisfy the general requirements associated with the Tier 1 visa.

To submit a successful application you must be able to satisfy the following requirements:

A minimum investment of £200,000; or
Have access to £50,000 from a registered capital firm regulated by FSA, or UK entrepreneurial seed funding competitions (endorsement from UK TDI) or UK Government for specifically establishing a business; or
Hold a Post Study Work visa and have access to £50,000; and
The sum must be held in a regulated bank account; and
The money must be disposable in the UK.

Please note that those candidates applying for a tier 1 Entrepreneur visa may not seek or undertake paid employment in the UK. This type of UK visa service is issued only to people who will be starting or assuming control of a UK-based business.

If you are applying to switch your status from a Post Study Work Visa to Tier 1 Entrepreneur using the lower funds requirement of £50,000, you will need to be working in the business you set up at the time of application.

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