Innovator Visa
International entrepreneurs who are interested in investing in a business in the UK can apply for an Innovator Visa. To be eligible, applicants must receive endorsement from an approved endorsing body and have at least £50,000 to invest in their business.
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Innovator Visa Application
The UK Innovator Visa was created in April 2019, replacing the Tier 1 Entrepreneur Visa. The Innovator Visa route is designed for experienced businesspeople who seek to start a business in the UK. Applicants need a minimum of £50,000 to invest in the business, and their business proposal must be endorsed by an endorsing body.
The Innovator Visa lasts for three years and can be extended for a further three years. In some cases, Innovator Visa holders will be eligible to apply for Indefinite Leave to Remain status after just three years of lawful residency in the UK.