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Innovator Founder Visa
Innovator visa is for entrepreneurs and experienced businesspeople wishing to establish a business in the United Kingdom.
To be eligible for this visa, entrepreneurs or businesspersons do not need to have any specific level of funds to invest in their proposed business. However, the proposed business must be an innovative, viable, and scalable business that needs to be supported with a business plan. The business plan also needs to be approved by the endorsement body.
Innovator Founder Visas are valid for 3 years and can lead directly to the settlement, meaning the founder can apply for Indefinite Leave to Remain.
Eligibility
The business idea must:
- New – the founder cannot join a business that is already trading
- Innovative – The founder must have an original business idea that is different from anything else on the market
- Viable – with potential for growth,
- Scalable – the founder must give evidence of planning that includes creating jobs and growing into national and international markets.
Knowledge of English
You must prove that you can read, write, speak, and understand English at B2 CEFR Level.
Extension
You can extend your Innovator Founder Visa at the end of the 3 years, or if you are eligible, you can apply for ILR. The applicant must provide an endorsement letter from the endorsing body at every application stage.
Dependants
Innovator founders can bring a partner and children under 18 to the UK.
Which Visa Type is Right for Me?
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