Non-EEA and Switzerland nationals who want to set up or run a business in the UK and have access to 50,000 GBP of funds, can apply for an Innovator visa. Your business or business idea must be endorsed by an approved body.
You must have at least £50,000 in investment funds if you want to set up a new business. You do not need funds if your business is already established and has been endorsed for an earlier visa.
This visa can be granted for up to 3 years, with extension possible. You may be able to apply for settlement (known as ‘indefinite leave to remain’) once you’ve been in the UK for 5 years.
Please note: Your visa may be cut short if your endorsement is withdrawn. If you want to stay longer, you must re-apply with a new endorsement before your current visa expires.
You can form a team with other Innovator applicants, but you cannot share the same investment funds.
Your team must have £50,000 for each Innovator applicant. For example, if you have 2 Innovator applicants, your team must have £100,000 to invest.
The United Kingdom is in the process to depart from the EU, the UK government has created this Innovator Visa for foreigners including EU Citizens.
This visa is introduced to attract entrepreneurs with investments. The UK is open and welcoming to the brightest and best to set up shop and build the tech companies that will come to define tomorrow.
5 Eligibility Requirements
7 Document Required
Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.
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