The United Kingdom has opened its doors for investors and entrepreneurs to set up businesses and settle in the UK. The UK Innovator Founder Visa category is usually for experienced business people to set up an innovative business. This visa allows you to stay in the UK with your family for up to 5 years and 4 months. You can apply for permanent settlement (Indefinite Leave to Remain) after completing 5 years in the UK.IOS can help you plan and manage your investment journey in order to minimize risk and take full advantage of this program.
Eligibility for UK Innovator Founder Visa:
Going to the UK on an Innovator Founder Visa requires you to clear a point-based test. The points requirements are calculated per investment funds, language skills, and maintenance funds. To break these three requirements further:
Entrepreneurs must meet the following criteria in addition to significant business experience and education:
The Innovator Visa is initially issued for a period of 3 years. If you meet the necessary criteria for an extension, you can extend your stay for an additional 2 years. After a total of 5 years stay in the UK, you can apply for the permanent UK residency provided you meet the eligibility conditions.
Yes, under the Innovator Visa, you can include your immediate family in your application. This will include your spouse and any children under the age of 18.
Yes, we can combine your applications to create 1 team entrepreneur application. You will need to have £100,000 to invest between you.
The processing time for a decision is around 3 weeks. However, because you must first have a business plan in place and then get your idea endorsed, the entire preparation process may take longer. The innovator visa is granted for a period of three years and can be renewed for another three years an unlimited number of times.