UK innovator visa

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Why apply for the UK Innovator Founder Visa?

  • Start an innovative business in the UK
  • Pathway to settle permanently in the UK after 3 years
  • No minimum investment with UK Innovator Visa
  • Bring your family with UK Innovator Visa
  • Access to UK Healthcare and education

 

The UK Innovator Founder Visa

Investors and entrepreneurs who want to set up business and settle in the UK have an opportunity with the UK Innovator Founder Visa.

The UK Innovator Founder Visa is created for candidates with an innovative and scalable business idea who intend to develop and establish a business in the UK and are supported by an approved UK body.

 The UK Innovator Founder Visa targets candidates who can create opportunities for skilled workers and contribute to the UK economy through entrepreneurship. As an UK Innovator Founder Visa holder, an applicant will be allowed to work for their established business and create additional employment.

 This visa allows the candidates to stay in the UK with their family for up to 5 years and 4 months. After residing for five years in the country, candidates can apply for an ILR.

*Want to invest overseas? Talk to Y-Axis for complete guidance.

 

Benefits of the UK Innovator Founder Visa

  • No minimum investment requirement
  • Reside in the country with your family for 2 years
  • Avail a visa extension for two years
  • Avail UK Healthcare and education benefits
  • Quick and easy processing

 

 Eligibility to apply for the UK Innovator Founder Visa

  • Aged above 18 years
  • Proof of English language
  • Approved business plan
  • Endorsement letter
  • Sufficient proof of funds
  • Establish a new business (cannot join the old business)
  • Innovative business plan
  • Business must have potential growth
  • Proof of planning to create employment and to grow in national and international markets
  • No criminal history

 

Requirements to apply for the UK Innovator Founder Visa

  • Secure approval from the UK government
  • Documentation of business plan in detail
  • Approved business plan letter
  • Minimum IELTS score of 5.5
  • TB test certificate
  • Ability to communicate in English at B2 level

 Processing time of the UK Innovator Founder Visa

The processing time for a UK Innovator Founder Visa application from within the UK is eight weeks.

Processing fees of the UK Innovator Founder Visa

Here is the detail of the processing fees for the UK Innovator Founder Visa:

Application fee  £1,486 to apply for or extend the visa from within the UK
Endorsement fee £1,000 to pay directly to the endorsing body

 

Step-by-step process to apply for the UK Innovator Founder Visa

Step 1: Find an endorsing body

Step 2: Filed out the online application form

Step 3: Sort out the requirements

Step 4: Submit the application

Step 5: Verify your identity

Step 6: Avail the visa

 

How can Y-Axis help you?

Y-Axis is the best overseas immigration consultancy, providing immigration services to clients based on their interests and requirements.

 Y-Axis provides services of the following:

  • Complete guidance on the UK work visa
  • Sort out the essential documents
  • Support in financial documents
  • Avail Y-Axis job search services to find a job in the UK
  • Arrange all the work visa-related papers before submission
  • Evaluate your eligibility for free to migrate to the UK with the Y-Axis immigration point calculator
  • Avail coaching services IELTS coaching services.

 

Our Accreditations

Member of Migration Institution of Australia OISC Migration Agents Registration Number Code Of Professional Conduct

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Frequently Asked Questions

How to get an endorsement for the UK Innovator Founder Visa?
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