- 39. (a) In all cases, an applicant cannot score points from any of the following:
- (i) the same money being used to score points for maintenance funds for themselves or their dependants under Appendices C or E,
- (ii) money made available from a third party, where the third party is another Tier 1 (Entrepreneur) Migrant, or that migrants business or close family member,
- (iii) money invested in their business more than 12 months (or 24 months if the applicant was previously granted leave as a Tier 1 (Graduate Entrepreneur) Migrant) before the date of the application which led to their first grant of leave as a Tier 1 (Entrepreneur) Migrant,
- (iv) money invested in the form of a directors loan unless it is unsecured and subordinated to other creditors loans to the business, or
- (v) investment in any residential accommodation, property development or property management, meaning:
- (1) any development of property owned by the applicant or their business to increase the value of the property with a view to earning a return either through rent or a future sale or both, or
- (2) management of property (whether or not it is owned by the applicant or their business) for the purposes of renting it out or resale.
For the avoidance of doubt, (v) requires that the business income is generated from the supply of goods and/or services, and not derived from the increased value of property or any income generated from property, such as rent.
- (b) Points will only be awarded for an applicants business if it is a UK business.
- (c) A business will be considered to be a UK business if the applicant provides the specified evidence in this Appendix to show that:
- (i) it is trading within the UK economy,
- (ii) it has its registered office in the UK, or, in the case of multinational companies w
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