UNITED KINGDOM
UK Innovator Visa
The UK Innovator Visa
The UK Innovator Visa: is designed for experienced entrepreneurs who want to establish a business in the United Kingdom. It is an immigration route that replaced the Tier 1 (Entrepreneur) visa, and it offers a pathway to settlement for those who demonstrate innovation, scalability, and potential growth.
How it works
UK Innovator Visa Application Essentials
01
Benefits
- Permission to stay in the UK for up to three years.
- No restriction on employment or outside investment.
- Opportunity to establish and run a business in the UK.
- Pathway to settlement and potential British citizenship.
02
Requirements
- Have at least £50,000 in investment funds or demonstrate access to this amount from a legitimate source.
- Secure an endorsement from an approved endorsing body.
- Demonstrate proficiency in the English language.
- Meet the maintenance requirements to support themselves and any dependents.
03
Cost
The cost of the UK Innovator Visa includes the application fee, healthcare surcharge, and any additional costs related to document preparation and translation. The approximate cost is around £1,277 for the application fee and £624 per year for the healthcare surcharge.
04
Process
- Develop an innovative and scalable business idea.
- Secure an endorsement from an approved endorsing body.
- Prepare the necessary supporting documents.
- Submit an online application to the UK Visas and Immigration.
05
How to apply
- Gather the required documents, including a business plan and endorsement letter.
- Create an online account on the UK Visas and Immigration website.
- Complete the application form, paying attention to accuracy and completeness.
- Pay the application fee and healthcare surcharge.
FAQs
Can I switch to the UK Innovator Visa from another visa category?
- Yes, if you meet the eligibility requirements, you may be able to switch to the UK Innovator Visa from certain visa categories.
Is it necessary to have £50,000 in investment funds?
- Yes, having £50,000 in investment funds or demonstrating access to this amount is a requirement for the Innovator Visa.
How long can I stay in the UK on the Innovator Visa?
- The Innovator Visa allows you to stay in the UK for up to three years.
Can my family members join me in the UK on the Innovator Visa?
- Yes, your spouse/partner and children under 18 years old can join you as dependents on the Innovator Visa.
Can I extend my stay on the UK Innovator Visa?
- Yes, you can apply to extend your stay on the UK Innovator Visa as long as you continue to meet the requirements.
Can I bring my business partner to the UK on the Innovator Visa?
- Each applicant must secure their own endorsement and meet the eligibility criteria. Your business partner would need to apply separately.
Do I need to have previous business experience to apply for the Innovator Visa?
- Each applicant must secure their own endorsement and meet the eligibility criteria. Your business partner would need to apply separately.
Can I apply for settlement in the UK with the Innovator Visa?
- Yes, after spending a continuous period of time in the UK on the Innovator Visa, you may be eligible to apply for settlement.
Can I access public funds or benefits with a United Kingdom Investment Visa?
- Yes, after a certain period of continuous residence in the UK, usually after 5 years of holding a valid visa, you may be eligible to apply for British citizenship, subject to meeting the requirements outlined by the UK government.
What happens if my endorsement is withdrawn?
- If your endorsement is withdrawn, you may need to find a new endorsing body or explore alternative visa options.