If you wish to set up and run an innovative business in the UK which is a viable and scalable business idea, different from anything else on the market, endorsed by an approved body you can apply for an Innovator Visa. It can be availed either by start up entrepreneurs or experienced businesspersons.
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In cases where the individuals have a newly established business they will have to prove to the endorsing body that they have enough funding and the source of the available funds. You would need to prove investment funds in the following cases :
Applications for Innovator Founder visas can be made from outside the UK, but it is also possible to switch into the Innovator Founder visa category from within the UK provided you do not have, or were not last granted, permission as a Visitor, Short-term Student, Parent of a Child Student, Seasonal Worker, Domestic Worker in a Private Household or outside the Immigration Rules.
The current Home Office application fee for an Innovator Founder Visa is £1,036 if applying from outside the UK or £1,292 if applying to switch into the category from within the UK.
Innovator Founder Visa applicants also need to pay a £1,000 (ex. VAT) endorsement fee to the relevant endorsing body.
our initial Innovator Founder Visa will be valid for 3 years. It is possible to extend an Innovator Founder Visa for periods of 3 years at a time, subject to being re-endorsed each time. There is no maximum time limit in the Innovator Founder category.
You will be able to apply for indefinite leave to remain (settlement) as an Innovator Founder after spending 3 years in the Innovator Founder Visa category.
The start up route is no longer applicable to new applications on 13th July 2023 and from 13th April 2023 it will be open to applicants who have secured an endorsement.
This Route is a mix of both start up and Innovator Route, it will allow overseas entrepreneurs to establish a new business in the UK without the need to show any initial capital to invest in the Business and also allow the successful visa holder to work alongside their Business. This also offers a direct path to permanently settle in the UK.
Your partner and children can apply to join you or stay in the UK as your dependants. Their Visa will end on the same date as yours.
If the Application is refused, we will advise you on your other options available to you depending upon the reasons for refusal.
The immigration lawyers at the London-based Adam Bernard’s have extensive experience in handling UK visa and immigration cases. We can help you meet the various requirements and improve your odds of successfully receiving a visa.
We have some of the best immigration solicitors in London who offer tailored advice and guidance depending on the unique circumstances of your visa application. When you hire an immigration solicitor UK, you receive help through every stage of the application process, whether you are about to apply, have already submitted an application, or want to apply for a review or appeal a refusal.
Call us now at 0207-100-0505 to schedule a free consultation and discuss your case with an immigration solicitor UK.