What The Minimum Stake I Need To Buy In Existing Company As Percentage Assuming That It Invest 200

What is the minimum stake I need to buy in an existing company (as a percentage) - assuming that it invest 200,000 pounds and also become a director in the company. Would a <1% stake in an existing large business on which the current founder also had applied for an entrepreneur visa on.. 2 years back work? Can I draw a salary from such a company?

What is the minimum stake I need to buy in an existing company (as a percentage) - assuming that it invest 200,000 pounds and also become a director in the company. Would a <1% stake in an existing large business on which the current founder also had applied for an entrepreneur visa on.. 2 years back work? Can I draw a salary from such a company?

Public Answer

Thank you for your question. The eligibility criteria for a Tier 1 (entrepreneur) Visa are quite strict. You usually need to invest either £50,000 or £200,000 in an existing company or start your own business and become a director of that organisation. You are also obliged to pass the ‘genuine entrepreneur‘ test and present a clear business plan documenting how your skills can be used to grow the company. It is likely that you will be able to draw a salary from the company in the manner of a normal director.

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I look forward to hearing back from you soon.

Best regards,

OTS Solicitors

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