A new business visa category has been created for investors and entrepreneurs to set up their business as well as settle along with their families in the UK. This visa came in to the picture on April, 2019 and came in place of Tier 1 Entrepreneur Visa.
If innovative new ideas are sprouting in your mind and you want to give them a voice, UK provides you with a platform which is a breeding ground for Investors and Entrepreneurs who want to do business in the diverse and economically rich UK. Your idea should have a patent and uniqueness to it and have a value and viability attached for it to thrive and be successful when you apply for the UK innovator visa.
Experienced businesspersons can use this visa to establish or set up their business in the UK. You can even settle in the UK with the pathway of this visa as it is a way you are adding value to the economy of UK. This visa can lead to indefinite leave to remain in the UK at the end of the duration. As an person applying the Innovator visa you can even bring along your spouse/partner or children under the age of 18 to the UK.
There are two categories you can apply, as if it is a fresh one and first time you shall need to apply under the new business’ requirement as per the Immigration Rules and if it is an existing business for expansion then you need to apply under the ‘same business’ criteria.
To be a part of the business and innovator category you are not required to be ole founder of the proposed business. In the upcoming time, the Innovator who has the leave to remain who puts an application for a stay extension in the UK shall need to apply under the ‘same business’ criteria if the business remains the same as mentioned in the endorsement letter that was submitted firstly.
Benefits of UK Innovator Visa
UK Innovator Visa Eligibility
If you are looking forward to start a business in the UK you will be required to meet the following eligibility requirements:
For innovation visa UK eligibility you must:
How Long Does it Take to Process an Innovator Visa?
For the Innovator visa UK Process to even start it will require the applicant to prove their identity as well as furnish the required supporting documents. To do this you will be required to have extra time if you require an appointment to get this done. Once you have applied for online, proven your identity as well as submitted all your documents you will usually get a decision within 3 weeks if you are outside the UK and 8 weeks if you are in UK.
What are the Innovator Visa Requirements?
Your business proposal will be required to meet certain Innovator visa UK requirements to be able to be functional in UK:
Even if you seek more information about UK Innovator Visa you can write an email on [email protected] and one of the most experience immigration consultants will get in touch with you to help you out with your questions and concerns or you can also choose to call us on +91-8595338595 or directly interact with the expert through our Live Chat window.