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UK Innovator Visa

The Innovator visa is the replacement for the Tier 1 (Entrepreneur) category. It is for the more experienced, proven business entrepreneur who wishes to establish a viable business in the UK with real prospects of growth.

What are the key criteria to obtain an Innovator visa?

  1. An original business plan demonstrating innovation
  2. Support from an Endorsing Body
  3. Business investment from just £50,000
  4. An acceptable level of English
  5. Adequate maintenance funds (unless exempted)

How long can you stay in the UK?

  • The duration of your entry clearance is three years. After that you can apply for ILR (settlement) in the UK. There are various conditions to meet. Visa Kings Global can guide you on the best way to meet these conditions.

Support from the Endorsing Body

This is absolutely most vital to the success of your application. It is there to make sure you will bring benefits to the UK economy.

We have worked for six years in the start-up and new business sector as our specialism. We have helped to raise millions of pounds for innovator companies and have dealt with venture capitalists and Fund Managers. We understand what they are looking for and we are rare in the immigration field in having that specialised knowledge.

How long it takes?

As part of your application, you’ll need to prove your identity and provide your documents. You may need to allow extra time if you need an appointment to do this. You’ll find out if you need one when you start your application.

Getting a decision

Once you’ve applied online, proved your identity, and provided your documents, you’ll usually get a decision on your visa within:

  • 3 weeks, if you’re outside the UK
  • 8 weeks, if you’re inside the UK

If you need to go to an appointment, you may be able to pay for a faster decision. How you do this depends on whether you’re outside the UK or inside the UK.

UK Innovator Visa Fees

 

How much you pay for an Innovator visa depends on your situation and where you apply from.

Who you’re applying for

Apply (outside the UK)

Extend or switch (in the UK)

You

£1,036

£1,292

Your partner and children

£1,036 each person

£1,292 each person

You must pay the visa fee for each person that applies at the same time as you or applies later to join you in the UK.