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You must have held no less than £3310 GBP for the main applicant and £1890 GBP for every dependent family member for the consecutive 90 days in your bank account.
TIER 1 Entrepreneur Category is for those who have minimum net worth of £200,000 GBP or have access to £200,000 GBP from third party investment and who want to start business in the United Kingdom. TIER 1 Entrepreneur is an immigrant visa, initially granted for 40 months from outside United Kingdom, it can be further extended for two years.
After spending 5 years in UK on this visa you will be eligible to apply for Indefinite Leave to Remain in the United Kingdom.
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Eligibility Criteria
In order to qualify you must meet minimum 95 points threshold.
- Access to no less than £200,000 GBP: 25
- Money is held in Regulated Financial Institute: 25
- The Money is Disposable in the United Kingdom: 25
- English Language Pass Marks: 10
- Maintenance (Amount kept in your account for 90 days) 10
English Language Requirement
You must meet minimum English language requirement for TIER 1 Entrepreneur Visa, the minimum English language requirement is CEFR B1 Level (Equivalent to IELTS Band 4 in each component).