The Innovator Founder Visa

Deadline: March 6, 2025

Program Description

The Innovator Founder Visa is designed for experienced entrepreneurs who wish to establish and run an innovative business in the UK. It builds on previous schemes by emphasizing a strong, creative business idea that is both viable and scalable in the UK market. This visa offers a flexible route to live, work, and eventually settle in the UK, supporting applicants who demonstrate entrepreneurial potential and a commitment to contributing to the British economy.
 

Eligibility Criteria

    •    Endorsement:
Must secure an endorsement from an approved UK endorsing body (e.g., business accelerators or venture capital firms) after submitting a detailed business plan.
    •    Business Plan:
Your plan should clearly demonstrate that your idea is innovative, viable, and scalable.
    •    Age & Language:
Applicants must be at least 18 years old and meet the English language requirement (typically CEFR Level B2 or equivalent).
    •    Financial Requirements:
You must be financially self-sufficient. Notably, unlike previous schemes, there is no fixed minimum investment amount required under this route.
 

Benefits

    •    Pathway to Settlement:
Successful visa holders can apply for Indefinite Leave to Remain (ILR) after three years, provided their business remains active and meets performance criteria.
    •    Family Inclusion:
Your immediate family, including your spouse/partner and children under 18, can join you in the UK.
    •    Work Flexibility:
While your primary focus is your business, you may also take on additional highly skilled work (provided it meets RQF Level 3 or above).
    •    Streamlined Process:
The endorsement and application process have been simplified compared to previous iterations, making it more accessible for qualified entrepreneurs.
 

Application Process

   1.    Obtain Endorsement:
    •    Identify an approved endorsing body and submit your business plan for review.
    •    Attend any required interviews or assessments.
    •    Receive an endorsement letter if your business idea meets the criteria.
    2.    Submit the Visa Application:
    •    Complete the online application via the official UK government portal.
    •    Provide all necessary supporting documents, including your passport, endorsement letter, business plan, evidence of English proficiency, and proof of funds.
    •    Pay the required application fee and the Immigration Health Surcharge.
    3.    Visa Processing and Decision:
    •    The application is processed (typically around eight weeks).
    •    Upon approval, you are granted a three-year visa, with the possibility to extend or transition to ILR after meeting the business performance criteria.
This format should provide a clear and concise overview of the Innovator Founder Visa for 2025. 

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