The UK Innovator Visa, which superseded the former Tier 1 Entrepreneur Visa, is a new form of investment visa.
The Innovator Visa is for experienced business persons who are eager to start a new venture in the United Kingdom. A minimum investment of £50,000 is required, and you must be sponsored by an endorsing authority.
This visa may be tough to obtain because of the endorsement requirement, however, we at Illimite Migration have a number of authorized creative firms with approved concepts and business plans.
In the startup sector, we collaborate extensively and have various partnerships with official UK endorsement groups. We also provide assistance to applicants with their newly established businesses after they arrive in the UK, as well as continued management of the visa procedure in order to get permanent residence.
You can apply for an Innovator visa if you satisfy the following requirements:
You must have a minimum of £50,000 in cash to invest in the firm once you arrive in the UK.
You are truly interested in establishing and operating a business in the United Kingdom.
You satisfy the qualifying criteria.
An approval body has given its seal of approval to your company concept.
If you have a 5.5-6.0 IELTS score in each module.
You must be able to demonstrate that your company concept is novel and that you are unable to join or invest in an existing firm.
The total procedure takes around 2-3 weeks, during which the profitability, scalability, and innovativeness of the project must be determined, and the application must be filed to the Home Office at least 3 months before to trip. When applying for a visa from outside the UK, the decision is usually made within three weeks.