innovator visa uk requirements

The earliest you can apply for the Innovator Visa is 3 months before you intend to travel to the UK. Apart from relevant business experience and education entrepreneurs must meet the following criteria: You must be at least 18 years of age. From our experience, innovative and dynamic start-up companies are generally reluctant to take on a new director and commit to fulfilling their visa requirements unless the new director can add significant value to the business and be prepared to … At the Immigration Advice Service, one of our highly experienced immigration lawyers can help you compile all your relevant documents and ensure that your portfolio of evidence meets the required standards. Pregnant women can decide between an X ray with an extra shield, a sputum test or to wait until after delivery. The supporting evidence you provide will differ depending on the source of your funds. This visa program has been specially crafted for business professionals who are eligible to set up an innovative business in their own area of specialization. You can apply for an Innovator Visa if you are looking to expand or start a business in the UK. The Innovator Visa is aimed at those who want to establish a business in the UK. Yes, with an Innovator Visa application, you will need to provide your fingerprints and a photo. We work with visa applicants who may not have their own highly-innovative business idea, may not feel that they will be able to start a successful business on their […] You will also need £50,000 in savings, to prove that you will be able to launch the business once in the UK. [for UK Partner Visas in 2021]. What is the Innovator Visa application process? However, this visa is for less experienced entrepreneurs who are classed as high potential. As a national of a majority English speaking country, listed below: Funding cannot be held in a financial institution listed in, Funding must be held in pounds sterling (£) or be converted into pounds sterling (£) at the rate of exchange on the day the funds were available using, Funding available for investment must be disposable in the UK. Requirements for Innovator Visa Uk You must be 18 years of age and endorsement letter from an authorised body that your business is feasible Have a minimum level of English Language at least CEFR level B2 in reading, writing, speaking and listening. Processing fees will differ depending on whether you apply from within the UK or outside the UK, or whether you submit additional visa application(s) for your dependent family member(s). The much anticipated Statement of Changes including for Entrepreneurs and Investors is hot off the press today. Depending on whether you are applying within the UK or outside the UK, you are required to complete the appropriate form. In some cases, Innovator Visa holders will be eligible to apply for Indefinite Leave to Remain (ILR) status when their Innovator Visa expires. Sponsorship Undertaking (SU07 Form) Guidance in 2021, Visitor Visa UK Application Form 2020 [45 things you NEED to know before submitting], Required documents for a UK Visitor Visa (Document Checklist), Sample Letter for UK Tourist Visa Application (Cover Letter Template), Long Term Visitor Visa 2019 and 2020 Guidance, UK Start Up Visa Requirements for 2019 and 2020, 8 HIDDEN Fiance Visa UK Fees & Costs in 2021, You (if you are from Turkey or Macedonia), Set out your business idea and demonstrate how it targets new or specific market needs and/or creates a competitive advantage, Demonstrate that you possess the necessary skills and experience to run a successful business through your thorough understanding and awareness of the market, Highlight that there is potential for job creation and growth within national and international markets. What is the difference between an Innovator Visa and a Start-Up Visa? If the endorsement body approves the business proposal, an endorsement letter will be written and sent to the Home Office, with detailed information about the applicant and their business proposal. Can my family join me in the UK under an Innovator Visa? The Start Up Visa is another type of visa for entrepreneurs. With our untimed Advice Session, our professional immigration lawyers will review your case and provide you with comprehensive advice, completely tailored to your needs and your situation. Yes, you can switch from a Graduate Entrepreneur to an Innovator Visa, in the same way that you would to an Entrepreneur Visa. The Start-Up and Innovator visa routes are an ideal solution to ensure that entrepreneurs see the UK as the ideal place to start their innovative enterprise. #5 If you are setting up a new business, evidence of your investment funds. To be eligible, applicants must receive endorsement from an approved endorsing body and have at least £50,000 to invest in their business. The assessment criteria you will be required to meet to be endorsed will differ depending on whether you wish to set up a new business or continue your existing business – referred to as a same business. Thank you IAS", "We used this service for the spouse visa extension application to assure that all the information was valid and correct.". Evidence must be in the form of cash funds. The UK Innovator Visa was created in April of 2019, replacing the Tier 1 Entrepreneur Visa. About Us Virtus Consultancy, based in London, UK, specialises in introducing Innovator Visa candidates to innovative and exciting UK start-up companies looking for co-founders and co-investors. You must have last been granted one of the following: You are developing the same business venture that was previously assessed and endorsed in your last visa, You are a returning UK resident and have not been away for more than 2 years, You lived for at least 6 months in a country where TB screening is not required by the UK, and you have been away from that country for no more than 6 months, As a national of majority English speaking country, confirmed by your passport or travel document or by providing an official document confirming your nationality from your Embassy, Holding a Bachelor’s degree, a Master’s degree or PhD from a UK University, Passing a Secure English Language Test from a provider listed in. If the supporting documents provided are not in English or Welsh, you must provide the original document accompanied by a full translation which has been independently verified. If you do not have TB, you will be given a TB certificate which is valid for 6 months. Your legal advisor will then complete and submit your forms to the Home Office on your behalf. Firstly, there are some general requirements that must be satisfied in order for you to be considered for ILR. We are now open 7 days a week from 7.30 am to 10 pm. If you were sponsored for your studies in the UK by a government or international scholarship agency, and the sponsorship is ongoing or ended less than 12 months before the date of application, you must: Have been granted unconditional written consent to make the application by your sponsoring government or agency, Provide a letter from an authorised official from each sponsoring organisation confirming this – the letter must contain contact details as information may be verified, Demonstrate that you have at least £945 to maintain yourself, in addition to £630 for each dependent family member, in your personal bank or building society account and that these funds have been held for 90 consecutive days before the date your Innovator visa application is submitted, Be held in pounds sterling (£) or be converted into pounds sterling (£) at the rate of exchange on the day the funds were available using, Not be held in a financial institution listed in, Be cash funds – the decision maker will not accept evidence of shares, bonds, credit cards, overdraft facilities or pension funds, Not be funds obtained whilst working illegally in the UK or funds obtained whilst in breach of the Immigration Rules, Personal bank or building society statements, A letter from your bank or building society, A letter from another financial institution regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) for the purpose of personal savings accounts, A letter from an overseas financial institution regulated by the official regulatory body for the country in which the institution operates and the funds are located, The financial institution’s name and logo, That the funds in the account have been at the required level throughout the 90-day period, In the case of personal bank or building society statements, any transactions during the 90-day period, Statements printed on the bank or building society’s letterhead, Electronic statements, accompanied by a supporting letter from the bank or building society, on company headed paper, confirming the statements are authentic, Electronic statements, bearing the official stamp of the bank or building society on every page.

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