Innovator Founder Visa

This visa type is aimed at foreign entrepreneurs who want to bring a new and unique business idea to life. The business idea must be endorsed by a body authorised by the UK Home Office as being innovative, viable, and scalable. Successful entrepreneurs can gain indefinite leave to remain after 3 years.

• Fast Indefinite Leave to Remain (ILR): Entrepreneurs who successfully meet their business goals after 3 years can apply for ILR.
• Live with Family: Spouses and children under 18 can move to the UK with a dependent visa and have the right to study and work.
• Flexible Work Permit: Besides the business they establish, visa holders can also work in another job that fits the “skilled work” definition.
• No Minimum Investment Requirement: Unlike previous systems, there is no specific investment threshold. However, applicants must demonstrate the viability and financial sustainability of their idea.
• Global Business Environment: Entrepreneurs can benefit from the UK’s advanced finance and technology infrastructure.

• Endorsement Letter: The business idea must be endorsed by an endorsing body as “innovative, viable, and scalable.”
• Age Limit: The applicant must be at least 18 years old.
• English Language Proficiency: A minimum English level of CEFR B2 is required.
• Financial Viability: A minimum of £1,270 must be held in a bank account for 28 consecutive days before the application (additional requirements apply for dependants).
• Founder Role: The applicant must be a founder or a key team member of the venture.

1. Preparation of the Business Plan: A business plan detailing the entrepreneur’s innovative and scalable idea is created.
2. Application to the Endorsing Body: The business plan is submitted to a Home Office-approved endorsing body. If approved, an official “endorsement letter” is provided.
3. Online Application Form: The application is made via GOV.UK.
4. Preparation of Documents: Documents such as a passport, endorsement letter, proof of language proficiency, and financial viability are uploaded.
5. Submission of Biometric Information: Biometric data (fingerprints, photo) is provided at an application centre.
6. Evaluation Process: The process typically takes around 3 weeks, but may be extended if additional documents or an interview are required.