UK
Innovator Founder Visa Program
UK Innovator Founder Visa
The UK Innovator Founder Visa is a type of visa that allows entrepreneurs with innovative business ideas to establish and run their businesses in the United Kingdom. It was introduced in April 2019 as part of the UK government’s effort to attract talented entrepreneurs and boost innovation in the country. When the Visa program has been launched in 2019, applicants must demonstrate that they have at least £50,000 in investment funds available to invest in their business. They should also show proficiency in the English language and have sufficient maintenance funds to support themselves and any dependents.
Even though the Government cancelled the requirement of £50,000 investment to apply the visa this year, at least £50,000 investment is still the requirement to settle in UK after three years.
Time to permit
Inside the UK: 9 weeks
Outside the UK: 3 weeks
Visa-free travel
189 countries and regions
Passport rank
6th in the world
Residency requirement
Spent no more than 180 days
outside the UK in any 12 months
Taxation
Remittance basis
Established time
Program launched in 2019
Application Requirements
Be at least 18 years old. (Students can be eligible)
English language requirement or equivalent UK diploma.
Obtain endorsement letter from specific endorsing bodies.
Enough personal savings of at least £1,270 in 28 days before application (£1,870 for a 3 persons family).
Program Benefits
The applicant can be granted an extendable 3-years innovator founder visa and enter the UK, and there is no limitation on the extension times.
The visa holder is eligible for the Permanent Residency application after 3 years staying in the UK, and is also eligible for the British Citizenship application if meet further requirements.
Spouse and children (under 18 years old) can join the application together, and they are able to live in the UK, enjoy the free public education and medical care there.
