UK Investor, Visa Process, etc. UK Investor, Visa Process, etc. UK Investor, Visa Process, etc. UK Investor, Visa Process, etc.
Investor

UK Innovator Visa for Investors and Entrepreneurs

A new business visa category has been created for investors and entrepreneurs to start their own business and settle together with their families in the UK. This visa entered the scene in April 2019 and came in place of the Tier 1 Entrepreneur Visa.

Benefits of UK Innovator Visa

  • You can live with your family in the UK for 5 years and 4 months
  • Once this period is completed, you are authorized by the UK government for permanent liquidation (indefinite residence leave)
  • There is an investment starting from £ 50,000
  • You can live with your family in the UK for 3 years
  • Plus, you can even get a 2-year visa extension
  • As a UK permanent resident you will have access to UK education benefits the United Kingdom and your health care will be covered by the UK government which will save you from incurring major costs for medical bills.
  • The best thing about the UK immigration visa is that it requires quick and easy processing.
  • Not only is the visa innovative and scalable, but it is also practicable
  • The UK Investor Visa Certificate To start a business in the UK you must meet the following requirements:
  • The candidate must be outside the EEA and Switzerland
  • Applicants must be over 18 years old.
  • unlike the UK skilled worker visa, you should be willing to make a minimum investment of £ 50,000 in case you want to start a new business in the UK.
  • Their business idea must be approved by an approved body. (This approval should not have been withdrawn before the Interior Minister had even reviewed the application)
  • They should have proficiency and fluency in the English language
  • They should also be able to support themselves and their families, due to which they have need to meet certain financial requirements.
  • You must mention the source of your funding.
  • You will not need any investment funds if the business has already been established and approved for a previous visa or if you have changed business and have already agreed with your endorsement body.

How much time it will take to process an innovator visa?

In order for the UK Innovator Visa process to start, the applicant will need to prove their identity and provide the required supporting documents. To do this you will be required to have more time if you need an appointment to do so. After applying online, proving your identity, and submitting all your documents, you will usually receive a decision within 3 weeks if you are outside the UK and 8 weeks if you are in the UK.

What are the requirements for the Innovator visa?

Your business proposal will need to meet certain UK Innovator Visa requirements in order to be functional in the UK:

Innovation:

The prospective candidate will need to demonstrate that they have a genuine, unique, and original business plan that meets a new or existing market requirement and will therefore prove profitable for the UK economy and its overall workforce. Keep in mind that the candidate

Be profitable:

Candidates must demonstrate that they have the skills, knowledge, and know-how required by the market to be able to manage a business success they are targeting.

Scalability:

A very important requirement for the UK Innovator Visa is that the applicant assures the UK Government that their intended business model or activity will have the capacity to generate employment and increase economic growth, development, and the progress of the UK economy as a whole.

Even if you are looking for more information on UK Innovator Visa you can email bhavishyaoverseas@gmail.com and one of the most experienced immigration consultants will contact you to help you with your questions and concerns or you can also choose to call us at + 91-8328559029 or interact directly with the expert through our Live Chat window.

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