The UK Innovator visa is a visa program for experienced entrepreneurs who want to start a new firm in the UK. If you are planning to apply for a UK visa through this route, then you will need to demonstrate that you have a business idea that is unique, innovative, and profitable, which can be approved by a Home Office Endorsing Body. The visa scheme was started in April 2019, to replace the Tier 1 entrepreneur visa. You will need to make a minimum investment of 50,000 GBP to invest in the business, and their business proposal must be endorsed by an endorsing body.
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The Following are the Benefits of Successfully Obtaining the UK Innovator Visa
Following are the Eligibility Requirements for a UK Innovator Visa
The Steps for Application will Depend on the Following Factors
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No, there is no limit to the number of times you can apply for an extension. You can apply as long as you meet all the other eligibility criteria.
Yes, You will be able to apply for British citizenship, if you have lived for at least five years in the country and 12 months have passed after you have received indefinite leave to remain.
No, you can apply for an Innovator visa directly, if you have 50,000 GBP to invest.
The endorsing bodies are set up by the Home office to assess the business plans of the applicants and make a decision on approving them.
The correct endorsing body will depend on the nature of your business, the timing of application as well as the location where you intend to establish your business in the United Kingdom.
No, you will not be able to join an existing business and must provide a business plan for a new one to qualify.
Yes, you can apply either individually or as part of a team. However, if you are applying as a team, then you will need to obtain individual endorsement from an endorsing body. Moreover, each person in the team will need to have 50000 GBP individually.
No, you will need to work for the business that you have established and will not be able to work for any other job. If you want more information with regards to this or any other questions, then you can contact our expert UK immigration advisors at Global Tree
The UK innovator Visa, is a visa stream geared towards experienced entrepreneurs with innovative ideas, who plan to start a business in the United Kingdom
Are you an experienced entrepreneur with at least 50,000 GBP to invest in a business in UK, then you can qualify for UK innovator visa, learn more about it in our complete guide
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