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UK

UK Innovator Visa

The UK Innovator Visa is aimed at experienced entrepreneurs who wish to establish and run innovative businesses in the UK. Applicants can directly apply for this visa or convert from a UK Start-Up Visa after successfully developing their business idea. The business must be innovative, viable, and scalable, with the potential to generate jobs and contribute significantly to the UK economy. To qualify, applicants need an endorsement from an approved UK endorsing body that evaluates the business plan and its potential. The Innovator Visa is usually granted for 3 years and can be extended or lead to Permanent Residency after meeting the necessary business performance and residency requirements.

Key Features of the UK Innovator

  • Endorsement: You must have an endorsement from an approved endorsing body. The endorsing body must be satisfied that you have a viable, innovative and scalable business idea. The endorsing body will also assess your business experience and skills.
  • Investment funds: You must have at least £50,000 in investment funds to support your business. The funds can come from any source, including third-party investors.
  • English language proficiency: You must be able to demonstrate your English language proficiency to at least CEFR Level B2 (equivalent to IELTS 4.0 in reading, writing, speaking and listening).
  • Maintenance funds: You must have enough funds to support yourself without relying on public funds. The amount required will depend on your individual circumstances
  • Criminal record: You must not have a criminal record or any other immigration violations.

  • Business ownership: With this visa, immigrants can establish and run their own innovative businesses in the UK. This allows them to have greater control over their careers and financial futures.
  • Access to the UK market: The UK is a large and developed market with a strong consumer base. By establishing a business in the UK, immigrants can access this market and potentially expand their business to other countries in Europe.
  • Path to settlement: Immigrants who are granted a UK Innovator Visa can apply for settlement in the UK after three years. This can provide long-term stability and security for themselves and their families.
  • Business support: The UK government and other organizations offer a range of support services for entrepreneurs, including mentoring, networking opportunities, and access to funding. Immigrants with a UK Innovator Visa can take advantage of these resources to help them succeed in their businesses

UK Investor Visa

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