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VAF9 Appendix 3: Tier 1 (Entrepreneur)

VAF9 Appendix 3: Tier 1 (Entrepreneur)

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Table of evidence listing each piece of evidence providedAll documents must be original. For each source of funds on which you are relying to claim points you must provide a letter from thefinancial institution holding the funds showing:• That the money is available to you, your business or your entrepreneurial team; and• That the institution is regulated by the home regulator; and• That the money is disposable in the UK.If you are part of an entrepreneurial team, both your names must be shownIf third party funding is used, you must provide a letter from every third party granting permission for you to have access to the money anda letter of confirmation from a legal representative or legal representatives confirming that the signatures are valid (2 pieces of evidence). Ifthe third party is a Venture Capitalist firm, a seed funding competition or a UK Government Department, the letter must confirm the awardand the amount of money in the award. If you are part of an entrepreneurial team sharing funds, both of you must have equal access tofunds and each document must show both names.You must complete the following table to confirm the specified documents provided with this application to demonstrate each source offunds. One line is completed (line 0) as an example only.Source NoLetter from financial institution holdingthe money, confirming the amount ofmoney, that the institution is regulated bythe home regulator and that the money istransferable to the UK.Name of institutionLetter from thirdparty grantingpermissionto use themoney,if applicable.Legalrepresentative’sletter confirmingvalidity ofpermissionsif third partymoney is used.Letter from theFCA registeredVenture Capitalistfirm; seed fundingcompetition; orUK GovernmentDepartment; orcombination ofthese totalling£50,000 of fundsAmount of money inUK Pounds Sterlingin this institution0 Bank of Somewhere YESYESstate if ventureCapitalist, Seed fundingor Govt Dept£ X0,0001 £2 £3 £4 £5 £6 £7 £8 £9 £10 £TotalsNumber of pieces of evidence: >>>>> >>>>>>> >>>>>>> >>>>>>>£Total amount ofmoney claimedPLEASE NOTE: Applicants should ensure that they are familiar with the requirements for further leave to remain in this category. Theyshould note that the requirements may be revised and such revisions my apply to migrants who already hold leave to remain in the category.03


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7.15 The public funds relevant for the purposes of the Immigration Rules are listed below. Please tick the relevant boxes to showwhich of these are being received.Attendance AllowanceCarer’s AllowanceChild BenefitCouncil Tax BenefitChild Tax CreditCouncil Tax ReductionDisability Living AllowanceHousing BenefitIncome-Based Jobseeker’s AllowanceIncome SupportIncome Related EmploymentPersonal Independence PaymentSevere Disablement AllowanceSocial Fund PaymentState Pension CreditUniversal CreditWorking Tax CreditHousing and Homelessness AssistanceIf you have ticked Housing and Homelessness Assistance please go to question 7.16 In all other cases go to question 7.187.16 Please provide further details of your ‘Housing and Homelessness Assistance’. Include whether your housing provided bythe local housing authority, a housing association, or other organisation, the name of the relevant authority and details of thearrangement.7.17 If the housing is provided by your local council, housing authority or as part of an agreement between your employer andthe housing authority, give details below. You must also provide evidence of this from your local housing authority.7.18 If you have claimed public funds, please provide details to explain why you believe you are able to claim the relevant fund(s).Go to part 8Part 8English LanguageYou need a minimum standard of English language in order to score 10 points. Without this your application will be refused.You should refer to the <strong>Tier</strong> 1 (<strong>Entrepreneur</strong>) Policy Guidance.8.1 Put a cross (x) in one box to indicate under which category of the English language requirement you are claiming points:National of a majority English speaking country.Go to question 8.2Degree taught in English. Go to question 8.5English language Test. Go to question 8.3Previous leave granted under the Business Persons categoryGo to question 8.88.2 National of a majority English speaking country (10 points)Enter your nationality. This should be the nationality shown in the passport/travel document you wish to use for this programme.Go to Question 8.1006


Part 9Maintenance - Refer to the <strong>Tier</strong> 1 (<strong>Entrepreneur</strong>) Policy GuidanceYou must have a minimum level of funds to score 10 points for your level of funds. If you do not score 10 points your application willbe refused. You must have £3,310 available funds for yourself plus £1,890 for each dependant accompanying you or intending to joinyou in the United Kingdom within 12 months of your arrival in the United Kingdom. This money must be held in your personal bankaccount for a consecutive 90 day period before the date of your application and not fall below the required amount at any time duringthat period. Refer to the <strong>Tier</strong> 1 (entrepreneur) Policy Guidance.9.1 Calculate the amount of funds required for you >>>>>>>and the dependants named in the Personal Detailspart of this application form and enter the amount here.9.2 Put a cross (x) in the box to confirm that you havethis amount of funds available and that it has been inyour personal bank account for a consecutive 90 dayperiod prior to your making this application.9.3 Put a cross (x) in the relevant boxes to indicate what evidence of these funds has been supplied. All documents must be original.Building society/savings account pass bookLetter from a bank or building society confirming funds and thatthey have been in your bank for a consecutive 90 day periodPersonal bank or building society statements covering aconsecutive 90 day periodLetter from a regulated financial institution confirming fundsand covering a consecutive 90 day period9.4 Put a cross (x) in the box to confirm that you have claimed 10 points for your level of funds >>>>>>>>>>>>>>>>>>>>>Part 10Summary Sheet - Initial ApplicationsPlease complete the summary sheet below listing the points you have claimed and the documentation provided. You must provide therequired evidence as specified in this application form and the <strong>Tier</strong> 1 (<strong>Entrepreneur</strong>) Policy Guidance. All documents must be original,unless otherwise stated. Failure to submit required evidence is likely to lead to refusal of the application.Points Scoring Area Points Claimed Documents Provided (please list)Access to £200,000 (Part 2)Access to £50,000” (Part 3)Financial institution is regulated (Part 4)Funds are disposable in the UK (Part 5)English language (Part 8)Maintenance (Part 9)TotalI confirm I have completed the Personal Details separate form and accept the contents of the declaration.Applicant’s signatureDateD D M M Y Y Y YYOU MUST SUBMIT A PAPER COPY OF THIS APPENDIX WITH YOUR SUPPORTINGDOCUMENTS. ENSURE YOU ALSO COMPLETE THE PERSONAL DETAILS FORM EITHERON PAPER OR ONLINE. YOU SHOULD SIGN THE DECLARATION AND SUBMIT THISWITH YOUR OTHER DOCUMENTS08

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