Innovator Visa
Brochures
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Innovator Visa Overview:
The Innovator Visa is for experienced entrepreneurs seeking to establish a business in the UK. It replaced the Tier 1 (Entrepreneur) Visa.
- Endorsement:
Applicants need to be endorsed by an approved endorsing body. The endorsing body assesses the business idea for innovation, viability, and scalability.
- Investment Funds:
Applicants must have at least £50,000 in investment funds available to establish their business in the UK.
- English Language Proficiency:
Proof of English language proficiency is required unless the applicant is a national of a majority English-speaking country or has completed a degree in English.
- Maintenance Funds:
Applicants need to show they have enough money to support themselves without relying on public funds.
Application Process:
- Endorsement:
Secure an endorsement from an approved endorsing body. The endorsing body will assess the business idea and its potential for innovation and success.
- Prepare Documents:
Gather all required documents, including proof of endorsement, investment funds, and supporting documents for maintenance.
- Online Application:
Complete the online visa application form.
- Biometric Information:
Schedule an appointment to provide biometric information at a visa application center.
- Submit Documents:
Submit the required documents, including the endorsement letter and proof of funds, to the visa application center.
- Visa Decision:
Wait for a decision on the visa application. The processing time can vary.
- Arrival in the UK:
Once the visa is granted, entrepreneurs can travel to the UK and establish their business.
Additional Information:
- Visa Duration:
The Innovator Visa is initially granted for 3 years, with the possibility of extension.
- Business Progression:
Innovators are expected to show significant progress with their business venture during their stay in the UK.
- Settlement:
After three years in the Innovator category, entrepreneurs may be eligible to apply for settlement (indefinite leave to remain).
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