Residence permits acquired within three weeks
The UK is one of the most attractive destinations in the world both as a business location and a private residence.
It is well located between the USA and Europe and is known for having a stable democratic government and a
respected system of law
The Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and requires individuals to set up a new, scaling business in the UK. To qualify, applicants must demonstrate sufficient investment funds to start and grow their business and have a business plan that has been endorsed and approved by the Home Office.
Innovative, scaling business
One–eight weeks from submission of the application to approval
The right to live, work, and study anywhere in the United Kingdom
Residence permits acquired within three weeks
Permanent residence possible after three years
International business environment
Attractive tax regime for individuals who are resident but not domiciled
Direct international flight connections to most major global cities
World-renowned schools and universities
The Applicant must:
Be at least 18 years of age
Have a new and viable business idea with a potential for growth, supported by an endorsement letter from an approved endorsing body
Demonstrate sufficient investment funds to set up and grow their business
Be the sole or an instrumental member of the business's founding team
Have the ability to speak English according to CEFR intermediate Level B2
The new business must meet the following three criteria:
Viability: A realistic and achievable business plan, based on the available resources. Applicants must have, or be actively developing, the necessary skills, knowledge, experience, and market awareness to successfully run their business
Scalability: Evidence of structured planning and potential for job creation and growth into national and international markets
Innovation: An original, genuine business plan that meets new or existing market needs and/or creates a competitive advantage
The completed application and supporting documentation must be submitted to the diplomatic post in the applicant’s country of residence. The time frame from the submission of the application is dependent on the embassy receiving the application, and approval may take between one and eight weeks.
Upon expiry of the initial three-year period, the main applicant must apply for an ‘extension of stay’ from within the UK. The authorities will issue the applicant with a three-year extension if all relevant criteria are met. Upon being granted settlement and spending a minimum of five years in the UK (the applicant must have held ILR in the last 12 months of that period), it is possible to apply for British citizenship.
Business owners may seek secondary employment in the country, provided it falls under skilled labor.
Detailed information on the Innovator Founder Visa is available on the Home Office website. This information is not intended to be immigration advice
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