The UK Innovator Visa is a visa designed for experienced business people who want to come to the UK to set up or run an innovative business. The UK Innovator Visa is valid for three years and can be extended for three years. If residing and working in the UK is an option you’d like to explore, let Integritas assist you.
Benefits of the UK Innovator Visa
The UK Innovator Visa offers several benefits, including:
- Fast-track entry into the UK
- Excellent quality of life, access to topnotch educational and healthcare institutions
- Access to business opportunities in the UK and the EU
- Ability to bring family members to the UK
- Opportunity to apply for UK citizenship
UK Innovator Visa Requirements
The applicant must meet the following eligibility requirements:
- Show a new, innovative, and viable business idea that has the potential to succeed in the UK market
- Business idea must be positively assessed by a UK endorsing body
- Be at least 18 years of age
- Meet the English language proficiency requirement
- At least £50,000 in investment funds to establish a new business
- Must have at least £1,270 in the bank account for 28 consecutive days before application as proof of the financial capability to live in the UK
The Process of Acquiring the UK Innovator Visa
- The applicant must submit the business idea to a UK endorsing body.
- If the UK endorsing body positively assesses the business idea and an endorsement is released, the application for the visa is submitted to a UK Embassy or Consulate.
- A three-year visa will be issued to a successful applicant.
- The applicant can move to the UK to start the business venture.
- The UK endorsing body will review the progress of the business.
- The Innovator Visa can be extended for another three years, provided the business is still ongoing and approved by the endorsing body.
- The applicant can apply for the Indefinite Leave to Remain after three years, provided that minimum business performance requirements are met.
How Can Integritas Help?
The UK Innovator Visa provides an excellent opportunity for talented entrepreneurs to turn their innovative ideas into successful businesses. Suppose you have an innovative business idea and the drive and ambition to make it happen. In that case, the UK Innovator Visa could be the perfect option for you.
The Integritas Group offers specialised services for individuals who want to establish their presence in Europe. From the initial application to the approval process, Integritas will be with you every step of the way towards your UK Innovator Visa.