The Start-up Visa and the Innovator Visa are UK visa routes designed for entrepreneurs who wish to establish or run a business in the UK. These visas are intended to attract innovative individuals with unique business ideas that can contribute to the UK economy.
The Start-up Visa is for individuals starting a new business in the UK for the first time. This visa is generally aimed at early-stage entrepreneurs who don’t yet have investment funds. Key features include:
The Innovator Visa is for more experienced entrepreneurs with at least £50,000 to invest in a new or existing business. Key features include:
Our immigration experts are equipped to assist you throughout the business plan preparation process. We work closely to ensure that your business plan aligns with the specific requirements of the Immigration Rules and assist with the Home Office application.
Please reach us at info@kamalyconsultancy.com if you cannot find an answer to your question.
The Start-up Visa is valid for 2 years and cannot be extended. However, holders may switch to an Innovator Visa to continue their business activities in the UK. The Innovator Visa is valid for 3 years and can be extended indefinitely, with the potential to apply for permanent residency after 3 years.
Yes, both Start-up and Innovator Visa holders can bring dependents, including a spouse or partner and children under the age of 18.
Endorsements for the Start-up and Innovator visas are granted by approved UK organisations, such as universities or business development agencies. Applicants must present a business idea that is innovative, viable, and scalable. The endorsing body assesses the business plan and provides endorsement if it meets the requirements.
Start-up Visa holders can work outside their business while in the UK. However, Innovator Visa holders are generally expected to focus primarily on their business and may have restrictions on outside employment.
Processing times vary, but a decision is usually made within 3 weeks if applying from outside the UK and 8 weeks if applying from within the UK.
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