Question to the Home Office:
To ask the Secretary of State for the Home Department, how many Tier 1 (Entrepreneur) visa applications were refused in 2016-17 as a result of applicants being unable to provide evidence of investment funds in regulated financial institutions.
The Home Office retains records of visa decisions, including reasons for refusal, on internal casework systems. This information is not collated in central statistical databases, and is not recorded in a format suitable for publication.
It is an integral feature of the Tier 1 (Entrepreneur) route that all applicants provide the required evidence to show that they hold the required minimum funds to invest in their business.