New Self Employment and Financial questions

[bigtombowski]

ok -

me and the missus plan to get married in the philippines about 1 year from now, and it will be wonderful

im reading now about the requirements for a settlement visa - - - and it all seems fine

ok

a question

i am planning of leaving my job and going self-employed! it will be a pretty safe income (And higher)!

Only one problem . . .
how do i go about convincing the E.C.O. or whoever about my ability to be financially independant without recourse to public funds?

I won't have 3 years' accounts!
i won't even have 1!

so what should i do???

thanks

tom

[gracia143]

You will only need 6months bank account statements prior to the application and a letter from your Accountant. Make sure the account looks healthy enough. Hope this helps... Goodluck!

[andypaul]

Should be no problem having a postive bank account and showing its going to cope the arrival of your mahal will keep the ECO happy.

Tom just write loads along with your accountants letter to say everything is rosey and a few excel spreadsheets showing in and outgoings now and once marivic is here. Writing loads shouldn't be a problem for you

[Shifty-Sidney]

Hi ya Tom,
All good advice! a statement from your accountant is excellent for proof of income etc.

[bigtombowski]

Should be no problem having a postive bank account and showing its going to cope the arrival of your mahal will keep the ECO happy.

Tom just write loads along with your accountants letter to say everything is rosey and a few excel spreadsheets showing in and outgoings now and once marivic is here. Writing loads shouldn't be a problem for you

cheeky cheeky

and EVERYONE, thanks for all your advice - i just got stressed when i saw on pete's website about presenting 3 years' accounts, i thought

thanks guys for taking away some of my stress
tom

[baboyako]

Hi ya Tom,
All good advice! a statement from your accountant is excellent for proof of income etc.

Hey tom

..but seriously self employed is the only way to go

I have a good accountant & they give me good advise about tax, and tax, and tax..

Make sure you pick a reputable accountant & you will be fine

[bigtombowski]

i have an accountant friend who works in the city of london who is willing to do my books for me, although . . . i think i should look here for a REPUTABLE accountant lol! Anyone who does your taxes for free . . . ummm, well, get what u pay for i guess?!

tom