UK Innovator Visa
Overview
·
you want to set up or run a business in the UK
·
you’re from outside the European Economic Area (EEA) and Switzerland
·
you meet the other eligibility requirements
·
your business or business idea has been endorsed by an approved body
Eligibility
Before you apply you need to have your
business or business idea assessed by an approved body.
They will provide you with
an endorsement letter if your business is viable.
You must also:
·
meet the English
language requirement
·
be at least 18 years old
·
be able to prove that you have enough personal savings to
support yourself while you’re in the UK
If you want to set up a new
business
You must have at least £50,000 in investment funds to apply for
an Innovator visa if you want to set up a new business.
Your funding can come from any source.
You do not need any investment funds if your business is already
established and has been endorsed for an earlier visa.
Supporting yourself
You need to have had at least £945 in your bank account for 90
consecutive days before you apply.
You cannot use either of the following to support yourself:
·
money from your investment
funds
·
money earned while working
in the UK illegally
Sharing investment funds
You can form a team with other Innovator applicants, but you
cannot share the same investment funds.
Your team must have £50,000 for each Innovator applicant. For
example, if you have 2 Innovator applicants, your team must have £100,000 to
invest.
Documents you
must provide
When you apply for uk business visa you need to provide
an ‘endorsement letter’ to show that an approved body has assessed your business or business idea.
You also need to
provide:
·
a current passport or other valid travel identification
·
bank statements showing you’ve had at least £945 in savings in
your bank account for 90 consecutive days before you apply
·
proof that you meet the English language requirement
·
evidence of your investment funds (if you’re setting up a new
business)
·
your tuberculosis
test results if you’re from a country where you have to take the test
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IMMIGRATION ASSESSMENT
Val
Morgan Immigration Advisers are a leading UK Law
Firm with offices in London and Dubai who specialize in
UK Immigration from Dubai through
business set for business owners, professionals & investors.
Please feel free to contact Val Morgan Immigration Reviews:
Contact No. +971 4 2443032
Address: 806. SABA 1, Cluster E, Jumeirah Lake Towers,
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