UK Innovator Visa Requirements – Start Your Business in the UK

The UK Innovator Founder Visa lets determined business owners create and expand their creative companies in the UK. It is a good option for forward-thinking founders who want to start and grow their businesses in a vibrant global environment.

  • In the year ending in June 2023, 494 Innovator visas were issued, which is an 88% increase from the previous year.
  • Compared to the Global Talent visas, this option is quite selective, with about 520 Innovator approvals in late 2023.
  • The success rate has remained near 88% from 2019–2022, which suggests business ideas are being approved.
  • The Innovator Founder path started in April 2023, replacing the old Innovator and Start-Up visas.
  • There is no requirement for £50,000 investment, making it easier for real innovators to participate.

Requirements of UK Innovator Visa

*Want guidance to apply for UK Innovator Visa? Sign up with Y-Axis for comprehensive support with the process.

What Is the UK Innovator Visa?

The UK Innovator Visa is designed for experienced entrepreneurs looking to set up or run an innovative business in the UK. It requires endorsement from a Home Office–approved body and is suitable for individuals with a scalable, viable, and innovative business idea.

To be eligible, people needed approval from a Home Office-approved group. Usually, the visa lasted three years and could lead to permanent residency. Visa holders could also bring family members and, in some situations, work outside their own business.

 

Benefits of the UK Innovator Visa

The UK Innovator Visa offers the benefits given below.

  • Start and expand your innovative business in the UK's strong economy.
  • Obtain UK ILR or Indefinite Leave to Remain after 3 years.
  • Bring your family—spouse or partner and children—to live, study, and work in the UK.
  • There is no required minimum capital needed; the focus is on your business idea's potential.
  • Gain entry to UK investor groups, mentorship, and markets worldwide.

Benefits of UK Innovator Visa

Who Is Eligible for a UK Innovator Visa?

The Innovator Founder Visa is open to experienced international entrepreneurs who have backing from UK-approved organizations. Those applying should possess either proven business experience or show they can do the job, plus have a full plan for a business that's new, doable, and can grow.

 

Types of Innovator Visas in the UK

The primary types of UK Innovator Visas are given below. 

  • The Innovator Founder Visa has been available to new applicants since April 2023.
  • The Legacy Innovator Visa, an older option, is no longer available for new applicants.
  • The Start-Up Visa has been mostly replaced by the Innovator Founder Visa for new applicants.

 

UK Innovator Visa Eligibility Criteria

To qualify for the Innovator Visa, you must obtain an endorsement from an approved UK endorsing body within 3 months before your application and fulfill the following requirements:

  • Age: Must be 18 years or older
  • English Proficiency: CEFR Level B2 or equivalent (via SELT or degree)
  • Maintenance Funds: At least £1,270 held for 28 days prior to application
  • Business Plan: Must be innovative, viable, and scalable
  • Good Character: No serious criminal record
  • Dependents: Spouse/partner and children under 18 can appl

 

Eligibility Criteria of UK Innovator Visa

Documents Required for a UK Innovator Visa

The table below has the list of documents required for a UK Innovator Visa are given below.

Document Details
Valid Passport Must be valid for the entire duration of your stay
Endorsement Letter From a UK-approved endorsing body
Business Plan Demonstrates innovation, viability, and scalability
Proof of Funds Bank statements showing £1,270 for 28 days
English Language Certificate CEFR Level B2 via approved test or academic qualification
Criminal Record Certificate From any country lived in for 12+ months in the past 10 years
Tuberculosis Test Results If from a listed country

 

How to Apply for a UK Innovator Visa?

The process to apply for a UK Innovator Visa is given below:

Step 1: Obtain an endorsement from an approved UK endorsing body
Step 2: Prepare all required documents, including your business plan and financial proof
Step 3: Apply online via UKVI and pay the visa fee
Step 4: Submit your biometrics via ID-check app or at a visa centre
Step 5: Wait for a decision (usually 3 weeks if outside the UK; 8 weeks inside)
Step 6: Upon arrival, attend scheduled contact point meetings at 12 and 24 months
Step 7: Apply for visa extension or settlement (ILR) after 3 years if growth milestones are met

Apply for UK Innovator Visa

UK Innovator Visa Fees and Costs

Detailed information about the fees and costs of UK Innovator Visa is given below.

Fee Type

Amount (in GBP)

Visa Application Fee

£1,191 (outside UK) / £1,486 (inside UK)

Healthcare Surcharge (IHS)

£624 per year

Endorsement Fee

Approx. £1,000

Extension or ILR Fee

£1,486 (extension) / £2,885 (ILR)

Dependant Visa Fee (per person)

£1,191 (outside UK) / £1,486 (inside UK)

 

Processing Time for the UK Innovator Visa

Detailed information about the processing time for UK Innovator Visa is given below.

Application Location

Standard Processing Time

Priority Option Available

Outside the UK

3 weeks

Yes

Inside the UK

8 weeks

Yes (for an extra fee)

With Priority Service

5 working days (target)

Yes

With Super Priority Service

1 working day (target)

Limited availability

 

Validity, Extensions, and Route to ILR

  • Visa valid for 3 years
  • Extendable every 3 years if endorsement is maintained
  • Indefinite Leave to Remain (ILR) possible after 3 years if criteria are met: job creation, investment growth, business sustainability, etc.

 

Conditions and Restrictions for Innovator Visa Holders

  • Your primary focus should be on your approved business.
  • You cannot access public funds or welfare assistance.
  • You need to report to your endorsing organization at least twice every three years.
  • You can only take on other employment if the roles need a level 3 qualification.

 

Bringing Dependants to the UK

According to UK immigration guidelines, individuals can sponsor certain dependents, like:

  • Spouses, civil partners, or unmarried partners.
  • Children under the age of 18.

These dependents are allowed to live, study, and work in the UK if the sponsor satisfies specific maintenance and accommodation standards.

 

Common Reasons for Visa Refusal

  • The business concept lacks innovation, feasibility, or scalability.
  • The documentation is missing, inaccurate, or not current.
  • The applicant doesn't meet the English language or maintenance funds criteria.
  • There's a history of non-compliance with UK laws or immigration regulations.
  • The endorsement lacks credibility, or the business justification is weak.

 

Life After Visa Approval

After approval:

  • Register your business in the UK after approval.
  • Maintain contact with your endorsing body and attend required meetings.
  • Prepare for visa extensions or meeting the requirements for Indefinite Leave to Remain.
  • Use UK business networks, grants, and connections with investors.

 

How Can Y‑Axis Help You?

Y-Axis a leading immigration and visa consultancy in the UK offers complete Innovator Founder Visa support, including:

  • Determining eligibility and advising on endorsement.
  • Reviewing business plans to help meet UK standards and increase chances of approval.
  • Preparing visa applications, including form completion and document verification.
  • Managing endorsement reporting and renewal schedules.
  • Providing advice on relocation, compliance, and settlement options after approval.

Frequently Asked Questions

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

To get an endorsement an applicant must submit their business plan with proper documentation to the UK government. The UK government will evaluate the business idea based on innovation, viability, and scalability criteria. They will approve a letter if they are satisfied with the business plan.

What English test is required for a UK Innovator Visa?

You must demonstrate English proficiency at CEFR level B2, covering listening, reading, writing, and speaking, typically through a Secure English Language Test (SELT) from an approved provider. Alternative evidence includes a UK GCSE/Alevel in English taken before age 18, or a degree-level qualification taught in English (if verified as equivalent via Ecctis). These ensure effective communication necessary for business operations and daily life.

How much money do I need for UK Innovator Visa?

You must have access to a minimum of £50,000 in investment funds to establish or develop your business. These funds must be legitimate, actively spent on the venture, and documented via funding sources such as savings, investors, or grants. Additionally, if applying from outside the UK or after less than 12 months in-country, you must show maintenance funds of at least £1,270 for yourself (plus dependent thresholds).

Can I continue a previous business with UK Innovator Visa?

Yes, you may apply under the “same business” endorsement route if your current visa was under Startup or Innovator categories and your business was previously endorsed. To qualify, you must provide evidence of attending at least two contact point meetings, demonstrate significant progress in an active, trading, viable business registered with Companies House, and show ongoing involvement in daily management.

How long the UK Innovator Founder Visa is valid for?

The UK Innovator Founder Visa is granted for 3 year. After staying in the country for three years an applicant can apply to extend their visa or apply for Indefinite Leave to Remain (ILR) if they meet the eligibility criteria.

Can I bring my family to the UK with the UK Innovator Founder Visa?

Yes an applicant can bring their spouse or partner and children aged below 18 to the UK, provided they secure a dependant visa. The UK Innovator Founder Visa holder dependents can work or study in the UK.

Is there a minimum investment requirement for the UK Innovator Founder Visa?

The UK Innovator Founder Visa has no minimum investment requirement. Although, the applicant must demonstrate that they have sufficient funds to establish and grow your business in the UK.

How long does it take to get the UK Innovator Founder Visa?

UK Innovator Founder Visa takes around eight weeks from within the country. Although the entire preparation process may take longer because first you must have a business plan and get the idea approved, and then the visa is granted for three years which can be renewed for another three years and more.

What is the UK Innovator Visa and who is it for?

The UK Innovator Founder Visa, updated in April 2023 from the Innovator Visa, is for experienced entrepreneurs. It targets those with original business ideas that are practical and can grow. Applicants need approval from a UK endorsing body. The visa lasts three years and can lead to permanent residency in the UK if endorsement standards are maintained. Holders can live in the UK continuously, and their families can join them. The visa prioritizes ventures with high potential impact, instead of requiring large capital investments. Approved applicants can tap into the UK's active startup environment and international markets.

What are the key benefits of the UK Innovator Visa for entrepreneurs?

The Innovator Visa has several advantages for business owners:

  • It allows you to start or grow a U.K.-based business that can reach a global market.
  • You can become eligible for permanent residency quickly (Indefinite Leave to Remain after three years).
  • Your family members (spouse, partner, and children) can come with you and have the ability to live, study, and work in the U.K.
  • There's no minimum investment required; the focus is on your idea and its potential for growth.
  • You will have access to business networks, incubators, and mentorship programs in the U.K.

This visa helps founders grow businesses with strong potential while living in a leading global centre for new ideas and businesses.

How long is the UK Innovator Visa valid and can it be extended?

The Innovator Founder Visa is initially valid for three years, during which you need to keep your endorsed business running and fulfill reporting duties. If the endorsing body says your business is still viable and innovative, you can apply for a three-year extension. After having valid Innovator status for three years, you can apply for Indefinite Leave to Remain (ILR) if you meet all visa conditions, like absence limits, earnings, and ongoing endorsement.

What are the eligibility requirements for the UK Innovator Visa?

To be eligible for the Innovator Visa, candidates must:

  • Secure endorsement of their business idea from a UK-approved organization.
  • Prove their business idea is innovative, realistic, and capable of expansion.
  • Reach a minimum of B2 (CEFR) level in English language skills.
  • Possess adequate funds to support themselves (typically £1,270).
  • Be at least 18 years old and have no criminal or immigration violations.

Meeting these requirements ensures eligibility for both endorsement and visa application.

Do I need to show proof of funds for the UK Innovator Visa?

Applicants need to show they can live in the UK without needing public money. This can be done through:

  • The main applicant's savings of £1,270 (held for at least 28 days)
  • Additional funds if you are bringing family members
  • There's no set amount to invest in a business; the key is the quality of your endorsement.
  • Endorsing organizations might ask for proof that your business plan is financially sound.

This requirement is in place to ensure you can support yourself until your business can do so.

What is the cost of applying for a UK Innovator Visa?

The costs involved in applying for UK Innovator Visa are given below.

Fee Type

Approximate Cost (GBP)

Visa application (outside UK)

£1,191

Application (inside UK for extension)

£1,486

Endorsement fee

£1,000 (estimated)

IHS Healthcare surcharge

£624 per person per year

Dependant fee

£1,191 each (outside UK)

 

What kind of business qualifies for the UK Innovator Visa?

To be eligible for the UK Innovator Visa, your business idea needs to be innovative, viable, and scalable. This means it should provide something new—a product, service, or business model—that either addresses a gap in the UK market or improves on what's already available. Ideas that are too common or easily copied won't work.

The key criteria include:

  • Innovation: The idea must be original and not something commonly found in the UK market.
  • Viability: You'll need to present a solid business plan and prove you have the skills to run the business.
  • Scalability: The business should have the potential to grow, whether by creating jobs or expanding internationally.
  • An approved UK endorsing body must endorse your business.
Who are the approved endorsing bodies for the UK Innovator Visa?

To get approved, you'll need a recommendation from a Home Office-approved group. These groups include:

  • Business incubators and accelerators
  • University entrepreneur programs
  • Venture capital firms and business mentorships
  • Regional enterprise agencies

Each group will look at your business idea to see if it's new, if it could be successful, and if it fits with the UK's economic goals. Each group has its own rules and ways of applying, so it's a good idea to talk to them early on.

Can I extend my UK Innovator Visa once it expires?

Yes, you can extend your UK Innovator Visa afters its validity expires, provided you meet the visa requirements. To be eligible for an extension, your business needs to be currently operating, inventive, practical, and able to grow. You'll also need a recent endorsement from a recognized organization to confirm this. Usually, the extension lasts for another 3 years, and you can extend it multiple times. It's also necessary to show that you haven't broken any visa rules, that you meet the English language requirement, and that you have enough money to support yourself. Please submit your application before your current visa runs out.

Can the UK Innovator Visa lead to permanent residency or British citizenship?

Yes, the UK Innovator Visa can lead to permanent residency in the UK, and eventually British citizenship. To gain UK citizenship through the Innovator visa:

  • First 3 years: Keep your Innovator visa valid and meet all endorsement requirements.
  • Next: Apply for Indefinite Leave to Remain (ILR) when you qualify. You must prove you haven't used public funds and have lived in the UK legally.

After holding ILR for 12 months: You can apply for British citizenship if you meet the residency rules, pass an English test, pass a criminal record check, prove your knowledge of life in the UK and can prove you are of good character.