INNOVATOR VISA
INNOVATOR
When an individual or a group of non-EEA entrepreneurs want to establish a business in the UK that will have a competitive advantage over the other companies or have an original business idea, it is advised to apply for an innovator visa.
Eligibility
- non-EEA individuals or group of entrepreneurs willing to establish a business in the UK that will have a competitive advantage or has an original business idea
- Endorsement by a recognised endorser
- Sufficient funds for the business setup and personal expenses
Fee and Process
- Fee: £966 (outside the UK)
- £1,222 (extend or switch in the UK)
- + Immigration Health Surcharge (£400 per year)
- Fund requirement: £50,000 + self-sustainability (per number of Innovators)
- Duration: 3 years + 3 years extensions
