UK Innovator Visa Guide - Set up & Run an Innovative Business in the UK

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What is UK Innovator Visa? As suggested by the
name, this visa category aims to facilitate
innovators, in any given industry, establish a
business in the UK which is generally something
thats different from anything else on the
market. The business or business idea must be
endorsed by an endorsing body that is on the Home
Office list and the applicants must meet other
eligibility criteria. There can be more than one
innovator in a team and everyone can be eligible
to apply for this visa. The business or business
idea must be innovative, scalable and
viable. This visa offers pathway to accelerated
settlement within 3 years (normally 5
years). Applicants can be joined by their
dependents (spouse and children below the age of
18 years) In order to know the Innovator Visa
properly and help you make a right decision, you
need to understand the following
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What are the benefits of having an Innovator Visa
UK? What are the eligibility requirements for UK
Innovator Visa? What are the documents required
for UK Innovator Visa while applying? What are
the Knowledge of English Requirement for UK
Innovator Visa? Other requirements of Innovator
Visa UK How to apply for an Innovator Visa
UK? How to apply for an Innovator Visa UK from
outside the UK? How to join an existing business
as an Innovator visa UK holder? How much an
investment funds are required for an Innovator
visa UK? How to Prove your identity for UK
Innovator Visa?
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Tier 1 Entrepreneur Visa is now an Innovator Visa
UK? UK Innovator Visa is it good option as UK
citizenship by investment? What is the UK
Innovator Visa endorsement? How to bring your
partner children with you as your dependants
on an Innovator Visa UK? How long you can stay on
Innovator visa UK? How to extend UK Innovator
Visa? How to apply for Indefinite Leave to Remain
(ILR) under the UK Innovator Visa route? How to
apply to switch to an Innovator visa UK? UK
Innovator Visa refused, what to do next? UK
Innovator Visa Consultant Contact UK Innovator
Visa Consultant
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• What are the benefits of having an Innovator Visa
  UK?
• UK Innovator visa is a great option for obtaining
  UK citizenship if you have a unique innovative
  business or business idea that is innovative,
  viable and scalable. Key benefits include
• Less investment
• Pathway to accelerated settlement
• Opportunity to set up and grow business with
  support from endorsing body
• Can have more than 2 members in innovator
  entrepreneurial team
• Quick processing time
• Allows dependents to join main applicant
• Might be of interest Starting a business in the
  UK

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What are the eligibility requirements for UK
Innovator Visa? To be eligible to apply for UK
Innovator visa the applicant will Require
endorsement of the business or business idea from
an endorsing body on Home Office list Have
50,000 to invest in the business Meet the
English language requirement Have sufficient
funds to meet the maintenance fund
requirement Know more about Innovator Visa UK
Endorsing Bodies
You can reach us on below
91 9819127002 91 7045656164
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• What are the documents required for UK Innovator
  Visa while applying?
• Typically applicants applying for this visa will
  require to provide documents evidencing
• Valid passport confirming the applicants identity
  and nationality.
• Endorsement letter from endorsing body from Home
  Office list
• Meeting English language requirement
• Availability of investment funds
• Meeting maintenance funds requirement e.g. Bank
  statement
• TB test result (where this is a requirement)
• Additional documents may be required depending on
  the specific circumstances.

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• What are the Knowledge of English Requirement
  for UK Innovator Visa?
• Applicants who are required to meet the English
  language requirement must prove that they can
  read, write, speak and understand English to a
  level B2 on the Common European Framework of
  Reference for Languages (CEFR) scale. This
  requirement can be met by
• passing Secure English Language Test (SELT) from
  an approved provider
• have an academic qualification from the UK e.g.
  Bachelor degree or higher
• have studied in UK school below the age of 18
  for GCSE, A level, Scottish National
  Qualification level 4 or 5, Scottish Higher or
  Advanced Higher in English
• having a degree-level academic qualification
  that was taught in English from outside UK and
  have confirmation through UK NARIC that the
  qualification is equivalent to a UK bachelors
  degree, masters degree or PhD

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• Other requirements of Innovator Visa UK
• Despite this being a fairly new category of visa,
  we have studied the complete requirements, the
  basic of which are that
• The founder/innovator applying under this
  category be from outside the EEA and Switzerland
  (the purpose must be to set up a business in the
  UK)
• The founder/innovator meets the other
  eligibility requirements as specified for this
  category.
• You may also be able to form an innovator team
  with other innovators but this would not allow
  sharing of investment funds. This means that,
  each innovator of the said team is to have access
  to 50,000.
• Applying for a UK visa under the Innovator
  category is a two stage process.
• Obtaining an endorsement from Endorsing bodies
• Applying for entry clearance as an innovator

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How to apply for an Innovator Visa UK? An
applicant would require an endorsement from the
Home Office authorised endorsing body. Once the
applicant is granted an endorsement letter he can
thereafter apply for entry clearance
application. How to apply for an Innovator Visa
UK from outside the UK? The applicant would be
required to complete an online application form
post receiving an endorsement letter from
authorized endorsing body and submit the same at
the local VFS centre along with their biometrics
and supporting documents.
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How to join an existing business as an Innovator
visa UK holder? An applicant can establish a new
business in the UK. An innovative visa holder
cannot join any existing business in the UK and
in fact would require his own business idea to
set up his own venture in the UK. An applicant
can continue their same business if they have
been last granted permission to stay in the UK on
Innovator or start-up or Tier 1 Graduate
entrepreneur route and the applicant have been
endorsed on the basis of a business that was
assessed by an endorsing body either for their
previous endorsement or at a contact point
meeting during their last period of
permission. Know more about How to obtain UK
innovator visa endorsement
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How much an investment funds are required for an
Innovator visa UK? Applicants will require at
least 50,000 to invest in the business in
addition to the maintenance funds. Applicants
need to show 1,270 in savings in their bank
account for 28 consecutive days before applying
for the visa. There is additional maintenance
funds for dependents. How to Prove your identity
for UK Innovator Visa? Applicants will require a
valid Passport to confirm their identity and
nationality.
You can reach us on below
91 9819127002 91 7045656164
Book your Consultation info_at_smi.legal
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Tier 1 Entrepreneur Visa is now an Innovator Visa
UK? The Home Office announced the closure of Tier
1 Entrepreneur visa and launch of the Innovator
at the same time. However both the Innovator visa
and Tier 1 entrepreneur visa are different
categories with different eligibility
requirements. The Tier 1 entrepreneur was part of
the Points based system and required the
applicant to invest at least 200,000 to start
or invest in an existing business in the UK, this
could be in any business (not necessarily
innovative). Up to 2 applicants can apply as an
entrepreneurial team. The Innovator visa requires
the applicants to have an innovative business or
business idea and the same must be endorsed by
endorsing body on Home Office list. Applicants
are also required to have 50,000 to invest in
the business. Each applicant on the innovator
team will need to show 50,000 to invest in the
business. Innovator visa also offers accelerated
settlement pathway.
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UK Innovator Visa is it good option as UK
citizenship by investment? Yes! Its a great
option for obtaining UK citizenship if you have a
unique innovative business or business idea that
is innovative, viable and scalable. It requires
an investment of 50,000 which is affordable
when compared to the Tier 1 Investor which
requires investment of 2 million. What is the
UK Innovator Visa endorsement? Under the UK
Innovator visa, an endorsement is a written
approval given by a Home Office authorized body
who is satisfied that you have a viable,
innovative and scalable idea and the business
experience and funds to support the same. Every
endorsement has a unique reference number and
details of the applicant along with the brief of
business venture they intend to do. How to bring
your partner children with you as your
dependants on an Innovator Visa UK? The
innovator visa allows partner and children until
the age of 18 to accompany the main applicant
under the said visa category. The dependants
would have to establish their relationship with
the main applicant along with it demonstrate they
have adequate maintenance funds to support them
in the UK without recourse to public funds.
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How long you can stay on Innovator visa UK? The
permission for leave to enter under the Innovator
visa category is granted for 3 years. How to
extend UK Innovator Visa? The applicant is
required to comply with the extension criteria
having 7 options available to choose from, out of
which includes 2 requirements to be met at least.
An applicant can either evidence 50,000 have
been invested into the business and actively
spent furthering the business plan or the
business has created the equivalent of at least
10 full-time jobs for settled workers. How to
apply for Indefinite Leave to Remain (ILR) under
the UK Innovator Visa route? An applicant can
apply for ILR from within the UK. They are
required to comply with the same extension
criteria having 7 options available to choose
from, out of which includes 2 requirements to be
met at least. An applicant can either evidence
50,000 have been invested into the business and
actively spent furthering the business plan or
the business has created the equivalent of at
least 10 full-time jobs for settled workers. This
has to be affirmed on an endorsement letter which
must confirm all the details of the applicant,
brief of business venture and the requirement the
applicant chooses to opt for his ILR application.
The applicants are also required to have
continually resided in the UK for at least 3
years immediately prior to application and that
the applicant has not had combined absences from
the UK in excess of 180 days in any consecutive
12-month period.
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• How to apply to switch to an Innovator visa UK?
• An applicant can apply for a switch only from
  within the UK, if they were not on the following
  categories on their last grant permission
• Visitor
• Short-term student
• Parent of a Child Student
• Seasonal Worker
• Domestic worker in a private household
• Outside the Immigration Rules
• The applicant is required to evidence endorsement
  letter confirming business plan and availability
  of investment funds, provide evidence that they
  are proficient in English language and have
  adequate maintenance funds to support themselves.
• The applicant is required to submit an online
  application form and relevant documents along
  with biometrics submission at centres located in
  the UK.

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UK Innovator Visa refused, what to do next? If an
application for UK innovator visa is refused, the
reasons would be cited in the notice of
refusal. Most common refusals are either on the
ground of genuineness criteria where the
assessing officer has concerns in the applicants
role in creating and implementing the business
plan or if there are reasons to refuse under the
general grounds of refusal or suitability
requirements are not met completely. In the event
of refusal the applicant gets a right to request
for an administrative review online within 28
days at no cost if you are outside the UK and in
14 days if you are in the UK and pay 80. You can
cite the administrative errors made by the
assessing officer. The applicant can expect a
response by 28 calendar days. If you want to
know more about this visa category or need
assistance in your UK Visa application, you can
contact us on below given details.Our UK
Innovator Visa Consultants are based in India
(Mumbai Delhi Bengaluru) catering to clients
from all over the world Dubai, Singapore, USA,
Zambia, Saudi Arabia, Qatar, etc.
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You can reach us on below
91 9819127002 91 7045656164
Book your Consultation info_at_smi.legal
Click on below links to read more
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to know
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Innovators to start their business in the UK
How to obtain UK innovator visa endorsement
Understanding the difference between UK Innovator
and Start-up visa
You can reach us on below
91 9819127002 91 7045656164
Book your Consultation info_at_smi.legal