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The United Kingdom welcomes investors and entrepreneurs to
establish their businesses and reside in the country through the UK Innovator
Visa category. This visa is intended for experienced business individuals to
start innovative businesses in the UK. It allows the visa holder and their
family to stay in the UK for up to 5 years and 4 months and apply for permanent
residency (Indefinite Leave to Remain) after 5 years of residing in the UK. BMC
can assist in planning and managing the investment process, reducing risks and
maximizing the benefits of this program.
BENEFITS OF UK
INNOVATOR VISA
With a low investment requirement of only £50,000, the UK
Innovator Visa allows you to reside in the UK with your family for a period of
3 years. The visa can be extended for an additional 2 years, offering you
access to UK healthcare and education benefits. The application process is
straightforward and quick.
ELIGIBILITY FOR UK
INNOVATOR VISA
To be eligible for the UK Innovator Visa, you must pass a
point-based assessment which evaluates your investment funds, language
proficiency, and maintenance funds. The following requirements must be met:
Other eligibility
requirements
To be eligible for the UK Innovator Visa, applicants must
fulfill the following requirements:
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The initial validity of the Innovator Visa is 3 years. If
the eligibility requirements are met, it can be extended for an additional 2
years. After a total of 5 years of residence in the UK, an application for
permanent residency can be made, subject to meeting the relevant conditions.
The Innovator Visa allows you to bring along your immediate
family, including spouse and children under 18, in your application.
You and your partner can jointly apply for the Innovator
Visa with a combined investment of £100,000.
The processing time for a decision on the Innovator Visa
typically takes about 3 weeks. However, the preparation process, including
creating a business plan and getting endorsement for your idea, may take
longer. The visa is initially granted for three years and can be extended for
an additional three years, as many times as needed.
To be eligible for the Innovator visa, your business idea or
business must be deemed viable, original, and have growth potential. This is
established through endorsement from a relevant authority after a thorough
evaluation of your proposal. A comprehensive business plan would be an
advantage in this evaluation process. Information on relevant authorities is
available on the website.
To be eligible for the Innovator Visa, you must show that
your business idea or business is practical, unique and has potential for
growth. This is done by getting it assessed and then backed by an authorized
organization. A well-crafted business plan will be helpful for anyone
evaluating your proposal. The list of authorized organizations is available on
the website.
To be eligible for the Innovator Visa, you must show that
your business idea or business is practical, unique and has potential for
growth. This is done by getting it assessed and then backed by an authorized
organization. A well-crafted business plan will be helpful for anyone
evaluating your proposal. The list of authorized organizations is available on
the website.