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innovator founder visa launched
minimum requirement
months processing time
The UK’s financial, commercial, and, moreover, cultural reach is unmatched by its European neighbours. It has an attractive tax regime and also provides a safe investment environment. Above all, the United Kingdom Innovator Founder Visa guarantees you permanent residence within 3 years.
The United Kingdom acts as an essential link between Europe and America, while also being well-connected to Asia.
Granted you meet the specific criteria throughout your residency application and have upheld the requirements, you qualify for citizenship after 5 years.
As an innovator founder, you can apply for dependent visas for your children below the age of 18 and your spouse.
The UK has a wealth of business expertise and support networks to help you grow your business. As an Innovator Founder Visa holder, you can utilize these resources and benefit from the knowledge and experience of UK entrepreneurs.
The UK has a strong and diverse economy that offers many business opportunities. As an Innovator Founder Visa holder, you can take advantage of this marketplace.
In order to meet the requirements for the Innovator Founder visa, you must satisfy the following requirements:
Innovation: You must demonstrate a genuine, original business plan that meets new or existing market needs and/or creates a competitive advantage.
Viability: Furthermore, you must demonstrate that your plan is realistic and achievable based on your resources and that you have (or are developing) the necessary skills, knowledge, experience, and market awareness to run the business successfully.
Scalability: Moreover, you must demonstrate the following:
An approved UK endorsing body will review your business plan and will:
This will lead to the issuance of a letter of endorsement, which must be issued not more than three months before the date of your visa application.
Unless an exemption applies, you must show English Language ability equivalent to CEFR level B2.
If you are outside the UK or have been in the UK for less than 12 months, you must show having held the following level of funds for a 28-day period: £1,270 to support yourself, plus £285 for a dependent partner, £315 for a first child, and, then, £200 for each additional child.
Unless an exemption applies, you must provide a health certificate confirming that you have undergone screening for active pulmonary tuberculosis.
In order to qualify for indefinite leave to remain as an Innovator Founder, you will need to demonstrate that:
You have been endorsed by an approved UK endorsing body that is satisfied that you have shown significant achievements judged against the business plan assessed in your previous endorsement, you are registered with Companies House as a Director or Member of your business, your business is active, trading and appears sustainable for at least the following 12 months and you have had an active key role in the day-to-day management and development of the business.
In addition, you satisfy at least 2 of the following ILR conditions:
You have spent not more than 180 days outside the UK in any rolling 12-month period during the three years prior to the date of application and you have sufficient knowledge of the English language and life in the UK.
The Premium Passport team has global experts in over 13 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
We commence our process, naturally enough, with Form 1. This allows us to carry out the initial RIF Trust due diligence. Following this screening, we will provide you with a Client Agreement (CA). Only after your review and signature will we proceed with the next stage.
Here, RIF Trust help you develop a comprehensive business plan. Above all, this outlines your innovative business concept, its potential for growth, and a strategy for success.
These crucial steps will help you establish a solid foundation and secure the necessary support for the UK Innovator Founder Visa application. In turn, we will liaise with UK Visas and Immigration (UKVI) on your behalf.
Once a government-approved body has endorsed you, we will introduce you to our immigration lawyer. They will provide personalized guidance and, also, support.
The lawyer will review all necessary documents, plus assist with completing the application, and, furthermore, represent you in any interactions with the UK immigration authorities.
Once in the UK, you will launch and, next, focus on growing your business.
What’s more, you cannot be away from the UK over 180 days in any consecutive 12-month period.
As long as you have met all relevant criteria and, in addition, maintained your visa status during your stay in the UK, you may be eligible for permanent residence. This allows you to remain in the country indefinitely. Such status offers stability, security, and also access to numerous benefits and opportunities associated with living in the UK.
You may apply for UK citizenship if you meet the requirements. These include having spent no more than 450 days outside the UK in the 5 years following your application.
