UK Innovator Visa

• The Innovator visa category is ideal for experienced entrepreneurs who can establish an innovative, viable, and scalable business in the UK. To apply, you must:

  • Show that you want to set up and run an innovative business in the UK. Your business idea must be unique and different from anything else on the market.
  • A designated body in the UK must endorse your business idea.
  • You must meet the English language requirements
  • Prove that you have enough personal savings to manage your expenses in the UK.

  The holders of UK innovation visa can work as sole founders or form an entrepreneurial team. Applicants may also create their joint venture arrangements.

  The business idea can be related to any sector as long as it is unique, viable, and competent.  You must invest in a new business idea, which means you cannot join or invest in an already established business.

  Once your business idea is approved and you get the endorsement, you can start your company, develop your business idea in the UK and reach other markets. You can expand the business within and outside the UK, generate revenue, and provide employment opportunities.

• The UK innovator visa gives you access to the booming UK market.
• Britain gives you a perfect platform to expand your business, enhance your customer base, generate profit and contribute to the country’s economy by creating jobs.
• Initially, the visa is issued for three years, and you can extend it multiple times.
• The family members of the primary applicant can join the entrepreneurs and work in the UK with no restrictions.
• After five years of living in the UK, the applicant may apply for an Indefinite Leave to Remain.
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To qualify for the Investor visa UK, you will need to fulfill the following requirements:

• You must be at least 18 years old;
• You must have a minimum of £50,000 available as funds to invest in the business.
• A designated body in the UK must be willing to endorse your business idea. The body must have positively assessed your business idea for innovation, viability, and scalability.
• Satisfy the authorities that you will spend most of your time in the UK developing your business.

• Your endorsement letter was issued not more than three months before the date of your Innovator visa application;

• You are competent in the English language to at least CEFR Level B2

• • If you are outside the UK or have been in the UK for less than 12 months, you must have at least £1270 to support yourself, plus £285 for a dependent partner, £315 for a first child, and £200 for each additional child.

The start-up visa is also another type of visa for entrepreneurs. The visa is for the less experienced entrepreneurs, classified as high-potentials.