UK Innovator Visa | Business Immigration for Entrepreneurs
A new business visa category has been created for investors and entrepreneurs to set up their business as well as settle along with their families in the UK. This visa came in to the picture on April, 2019 and came in place of Tier 1 Entrepreneur Visa.
If innovative new ideas are sprouting in your mind and you want to give them a voice, UK provides you with a platform which is a breeding ground for Investors and Entrepreneurs who want to do business in the diverse and economically rich UK. Your idea should have a patent and uniqueness to it and have a value and viability attached for it to thrive and be successful when you apply for the UK innovator visa.
Experienced businesspersons can use this visa to establish or set up their business in the UK. You can even settle in the UK with the pathway of this visa as it is a way you are adding value to the economy of UK. This visa can lead to indefinite leave to remain in the UK at the end of the duration. As an person applying the Innovator visa you can even bring along your spouse/partner or children under the age of 18 to the UK.
What is the UK Innovator visa processing time?
A decision on your visa application can be expected within three weeks if you are applying for the Innovator visa from outside the UK. Those applying from within the country can expect a decision on their visa within eight weeks.
UK innovator visa eligibility requirements?
- Be at least 18 years of age
- Have at least GBP 50,000 in investment funds
- Meet the English language requirement, and
- Be able to prove enough personal savings to support yourself when in the UK.
How Long Does it Take to Process an Innovator Visa?
For the Innovator visa UK Process to even start it will require the applicant to prove their identity as well as furnish the required supporting documents. To do this you will be required to have extra time if you require an appointment to get this done. Once you have applied for online, proven your identity as well as submitted all your documents you will usually get a decision within 3 weeks if you are outside the UK and 8 weeks if you are in UK.Elegant Consultants Overseas Careers is the best visa consultant in UK. Served 5K+ customers and over 1K+ active cases.
Our Services
1) Profile Evaluation: Based on your unique profile history, we make matches with the visa eligibility requirements, and advise you with the visas you must apply for.
2) Resume Writing: We guide you to create a resume that stands out as desired by the concerned immigration authority.
3) Procuring documents: Help you arrange documents needed before applying for a visa.
4) Professional guidance: Be it providing you with interview training, French/English courses or working samples for resumes, cover letters or assisting with application forms, medical or police clearance certificates – we will always be there for you.
5) Dedicated Case-Officer: We offer personal assistance and a single point-of-contact between the company and you, throughout the process
6) Post-Landing Services: We help you settle down in the country after you’ve received your visa. These services are specifically customized as per your requirements.
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What are the Innovator Visa Requirements?
Your business proposal will be required to meet certain Innovator visa UK requirements to be able to be functional in UK:
.Innovation: The prospective applicant will need to showcase that they have a genuine and unique as well as original business plan which meets a new or existing market requirement, and will thus prove to be profitable to the British economy as well as their overall workforce. Just keep in mind that the candidate cannot join or invest in a business which is already in to trading.
.Being Viable: The applicants needs to showcase that they possess the required skills, knowledge and the know-how of the market to be able to run a business successfully in to which he has put his mind in to.
.Scalability: One very important Innovator visa UK requirements is for the applicant to ensure the UK government that their model of business or projected business will have the ability to generate employment as well as add to the economic growth, development and progress of the UK economy on a whole.
More documents may be needed for completing your visa process. It is better to contact a visa consultant and understand the procedure