(Compulsory from 6 April 2015) Business plan writing service for a Tier 1 (Entrepreneur) visa - from an experienced Immigration Entrepreneur
A business plan will be
made compulsory for initial applications from 6 April 2015. Until now we have been advising to add
a business plan anyway, as a part of a Genuine Entrepreneur test; it was
beneficial but not compulsory.
Over the past several years we’ve been dealing with the Entrepreneur visa applications for our clients. As a part of each application, we have to read client’s business plan, ask to make changes and generally, to include the information relevant to the Entrepreneur visa rules as well as based on the questions a client may be asked at a interview (from our experience of clients’ visa interviews).
Another example will be including a plan of
creating 2 jobs and that they will be for ‘settled’ people. Most business plans
we see do not mention these 2 jobs at all, yet it is a common question at a
visa interview, so we think it is a good idea to include it and add employer’s
National Insurance contributions to the calculation.
A typical business plan usually has approx 20
pages document and takes 7 working days to prepare.
For more info or for what’s included in a typical plan, please visit: http://www.1st4immigration.com/business-plan-writing.php or contact us: info@1st4immigration.com
For a list of what is changing in the
Rules for a Tier 1 Entrepreneur visa from 6 April 2015 please visit our earlier
post: http://1st4immigration-visas.blogspot.co.uk/2015/03/new-tier-1-entrepreneur-rules-from-6.html
Over the past several years we’ve been dealing with the Entrepreneur visa applications for our clients. As a part of each application, we have to read client’s business plan, ask to make changes and generally, to include the information relevant to the Entrepreneur visa rules as well as based on the questions a client may be asked at a interview (from our experience of clients’ visa interviews).
Our experienced allowed us to develop an approach to
creating the business plans from a Tier 1 Entrepreneur visa point of view.
Instead of using standard templates, we focus on what the visa officers want to
see, ie on what a migrant will be required to do while holding this visa:
investment of £50,000 or £200,000 and what your client is going to spend it on.
For example, paying yourself a salary is not counted, yet it is very common for
clients to do this.
We also advise to explain your business idea in simple
and plain language. For instance, there is no benefit in adding many technical
IT terms because the visa officers are not IT professionals, yet they have to
understand your business idea. If you can explain it to us, we can explain to
the UK Visas & Immigration. Finally, we advise to treat it like a CV but
for a business. Too many CVs contain information designed to make the applicant
look ‘clever’, yet fall apart once an interviewer starts asking questions about
it. The Home Office staff do read the business plan and may ask questions!
For more info or for what’s included in a typical plan, please visit: http://www.1st4immigration.com/business-plan-writing.php or contact us: info@1st4immigration.com
