UK Innovator Founder Visa

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Invest and Settle in the UK

The United Kingdom has opened its doors for investors and entrepreneurs to set up businesses and settle in the UK. The UK Innovator Founder Visa category is usually for experienced business people to set up an innovative business. This visa allows you to stay in the UK with your family for up to 5 years and 4 months. You can apply for permanent settlement (Indefinite Leave to Remain) after completing 5 years in the UK. Y-Axis can help you plan and manage your investment journey in order to minimize risk and take full advantage of this program.

Benefits of UK Innovator Founder Visa

  • •    No Minimum Investment Requirement – Depends on the business concept
    •    Live in the UK with your family for 3 years
    •    Get a Visa extension for 2 years
    •    Access UK healthcare and education benefits
    •    Easy and quick processing

UK Innovator Founder Visa Requirements

  • Should be at least 18 years old
  • Submit a business plan with details of the business you are planning to start.
  • Get your business approved by an expert panel
  • Endorsement letter
  • IELTS score 5.5
  • TB test certificate, if required

Steps to apply for the UK Innovator Founder Visa 

  • Step 1: Fill out the online application form
  • Step 2: Provide the necessary documents; they must be JPG, PNG, PDF, or JPEG.
  • Step 3: Pay the required visa fee and the healthcare surcharge
  • Step 4: Submit your filled application online
  • Step 5: Book an appointment at the visa application center
  • Step 6: Wait for your visa application to be processed

Eligibility for UK Innovator Founder Visa

Going to the UK on an Innovator Founder Visa requires you to clear a point-based test. The points requirements are calculated per investment funds, language skills, and maintenance funds. To break these three requirements further:

  • Have an Innovative business or business idea endorsed by an approved endorsing body
  • You are from outside the European Economic Area (EEA) and Switzerland
  • Have the required funds for investment in the business as per the requirements
  • Meet the other eligibility requirements 

Other eligibility requirements

Entrepreneurs must meet the following criteria in addition to significant business experience and education:

  • You must be at least 18 years old in order to participate.
  • Your business concept must be approved.
  • You must have a sound business strategy.
  • Required funds to support yourself and your dependents.
  • The ability to communicate in English at a B2 level.
  • You must be in good physical condition.
  • No criminal history.

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Frequently Asked Questions

How many years is the UK Innovator Visa issue for?
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Can I bring my family?
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I have a business partner; can we both apply for the Innovator visa?
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How long does it take to get an Innovator visa?
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How do you persuade someone to endorse you?
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