08 Aug Interviews for Tier 1 Entrepreneurs?
We have noticed a significant rise in the number of refusals linked to applications made for leave to enter or remain in the UK under the Tier 1 Entrepreneur Scheme.
In particular, the two main reasons for refusal are the credibility of an applicant following a poor interview to assess his knowledge & business idea as well as the lack of adequate documentation.
Thus, we would recommend a prospective applicant to give serious thought to the preparation of such visa application as the his/her skills, qualification and expertise will be assessed in the course of an interview. This is particular true of younger applicants who might be perceived as lacking the required experience to run their own business.
In addition, their application bundle will need to be supported by a strong and detailed business plan having carried out the market research to show the viability of the business as ultimately the new company should generate enough profit to support the applicant and his/her dependants without any recourse to public funds.
It is important to note that the cash funds in the amount of £200000 will need to be invested in the company and cannot be used to pay the applicant’s salary.
Please contact us to discuss your prospective Tier 1 Entrepreneur visa application to avoid a refusal.