Saturday, 25 August 2012

Tier 1 Entrepreneur Documentation Format from the Bank


Dear Applicants,

 For a successful Tier 1 Entrepreneur visa, from any category that you are allowed to switch in-country or outside country needs a proper format in order to qualify. The ECO or Caseworker is very particular in terms of the words being used by the Third party sponsor, bank or financial institution's letter and affidavit declaration. The affidavit in case of third party sponsor must get it notary public. It will be deemed invalid otherwise.


Another affidavit on Rs. 20 stamp paper can be titled as 'Affidivat of Identity Confirmation' In case of third party sponsor 

It should include the full name, D.o.B. Address, Contact no, and Most Importantly SIGNATURE of the third party. 

The the matter of the affidavit must be " The above mentioned person are correct and are checked against say e.g. ID card, Passport, Birth Certificate etc "

Based on this, the Affidivit of Support is a legal and valid document



The matter in red is very important!

It should be scribed in the exact format. The highlighted yellow is to be filled in appropriately.

Why pay a substantial amount in GBP for representations, when the route of Tier 1 entrepreneur is so simple to apply through.
You can leave a comment if there is any understanding required from my end.

Wish you all the BEST!

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Letter for AFI, this should be submitted as an original document, and not a copy, on the letter-
headed paper (official stationary) of the financial institution, full name signature position and contact details of the branch manager issuing the letter along with the stamp.

CONFIDENTIAL
Date: 22.08.2012
To,
The Caseworker,
For the attention of the UK Border Agency

Dear Sir,

In regards to the application of Mr/Mrs/Ms [Applicant Name] for Entrepreneur status in the United Kingdom:

I have the consent of [name] to share these findings with the Agency. I will confirm the contents
of this letter to the Agency at their request.

[third Party OR applicant :name/s (account holder/s] has Indian Rupees, Rs. 1,76,00,000.00 (Above £200,000.00) available for investment in the United Kingdom on deposit with this financial institution.

These funds available declared, are movable and disposal in the UK.
This institution is regulated by RBI (Reserve Bank Of India)

As on today’s date, 22.08.2012 the applicant has the following amount of money IN THEIR OWN NAME Or Third Party names available for investment in a business in the United Kingdom Rs. 1,76,00,000.00 [£200,000] if applicable.

Or, the applicant has agreed to form an entrepreneurial team with [name] and has the following amount of money IN THEIR OWN NAMES available for investment in a business in the United Kingdom [£ ] if applicable.  If these funds are already in the United Kingdom, please give the date of entry to the United Kingdom [date of entry of money into the United Kingdom dd/mm/yyyy]


The applicant/s has/have the following amount of money available for investment in a business in
the United Kingdom, held in this institution under the names of [please enter details in the tableprovided if applicable].

Name of third party contributor: Mr. XXXXXXXX

Relationship to applicant  OR Each Applicant (In case of Entrepreneur Team, delete as appropriate): Son in law

Amount of money from the third party available to the applicant or both applicants : Rs. 1,76,00,000.00 ( £1= Rs88) Source www.oanda.com

If these funds are already in the United Kingdom, the date of entry to the United Kingdom must be given : If applicable, delete appropriate



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