If you want to set up or run a business in the United Kingdom, it is likely that you are going to need a Tier 1 Entrepreneur visa. This visa is designed for anyone that is from outside of Switzerland and the European Economic Area (EEA). “Visa declined” – two words you don’t want to hear. Below, we take a look at some of the most common reasons for UK Tier 1 Entrepreneur visa refusal, so you can avoid making these errors.
You will need to possess a minimum fund for your maintenance when making an application. The Home Office requires evidence that you can support yourself. This fund needs to be in your own account. It cannot be in anyone else’s. Even if you are 1p under the required amount, your Tier 1 Entrepreneur visa could be denied.
If you have not shown a credible source of your funds, this could raise some doubt in the minds of UKBA. This is another reason for visa refusal.
If you submit a poor business plan, you’re likely to be refused a Tier 1 Entrepreneur visa. The business plan is vital because it helps UKBA to determine whether or not you are a genuine entrepreneur. There have been a lot of applicants that have simply downloaded their business plan from the internet. You will never get away with this!
Going back to maintenance funds, a lot of applicants also make the mistake of assuming the investment funds for the business will constitute as maintenance funds. The £200,000 required is not to be used as maintenance.
If you need assistance when making your Tier 1 Entrepreneur visa application, QC Immigration can help. We can make sure that this is the right type of visa for you, as well as helping you to fill out the application correctly so that your Tier 1 Entrepreneur visa is accepted. Please do not hesitate to contact us for more information.
Learn more on alternatives for Tier 1 Entrepreneur Visa holders applying for Extension and Indefinite Leave to Remain applications.
The Tier 1 Entrepreneur Visa is a UK immigration route under the Points Based System which allows entrepreneurs to come to the UK to start up a business
How can you avoid common mistakes made when setting up a business in the UK? Read this post to ensure you get your company off on the right foot.
When applying for a Tier 1 Entrepreneur Visa, how so you know what to include and exclude in the application? Read our advice on navigating the application.
If you want to set up or run a business in the UK, it is likely that you are going to need an Entrepreneur Visa. Here are some common mistakes to avoid.