COUNTRY OVERVIEW

UNITED KINGDOM

The UK is a prime destination globally, appealing both as a business hub and a private residence. Strategically situated between the USA and Europe, it boasts a stable democratic government and a highly regarded legal system.

Population: 68 million

Language: English

Economy: A leading trading and financial center, the third largest in Europe

Currency: British pound

MIGRATE TO UK

UK INNOVATOR FOUNDER VISA

The Innovator Founder Visa is designed for individuals with relevant business experience and sufficient investment funds to establish and grow a new business in the UK.

Before applying, candidates must have their business or business idea assessed by a Home Office-approved endorsing body. This body evaluates the viability of the business or idea and, if deemed viable, provides an endorsement letter to include with the visa application.

Successful applicants receive a three-year visa and can bring their family members to the UK. After three years, they can apply to extend their stay for another three years or to settle permanently in the UK under indefinite leave to remain (ILR). Each stage of the process—initial application, extension, and settlement—requires endorsement from an endorsing body.

The Innovator Founder Visa is designed for individuals with relevant business experience and sufficient investment funds to establish and grow a new business in the UK.

Before applying, candidates must have their business or business idea assessed by a Home Office-approved endorsing body. This body evaluates the viability of the business or idea and, if deemed viable, provides an endorsement letter to include with the visa application.

Successful applicants receive a three-year visa and can bring their family members to the UK. After three years, they can apply to extend their stay for another three years or to settle permanently in the UK under indefinite leave to remain (ILR). Each stage of the process—initial application, extension, and settlement—requires endorsement from an endorsing body.

Benefits:

HEALTHCARE

Not every country in the world has a solid health care system. In fact, very few have a National Health Service like the UK. If you are a legal resident in the UK you will have access to free health care.

The UK is geographically well-placed

You’ll be hard-pressed to find a better place than the UK for taking short trips overseas and to other countries. You can reach many European destinations in just a few hours from London, which makes it a great travel hub.

EDUCATION

If further education is your intention, then the UK has what you need. With some of the best universities in the world, including Cambridge and Oxford, the UK is highly regarded for higher education.

ECONOMY

The United Kingdom economy is the fifth-largest national economy in the world measured by GDP. This huge economy presents many opportunities for skilled labor, investors, students and entrepreneurs from across the World.

CULTURE

There are few places with such a rich culture as the UK. With its ethnic mix of population and a long and interesting history it is a fascinating place to explore.

Requirements:

  • Be at least 18 years old.
  • Have a novel and viable business idea with growth potential, supported by an endorsement letter from an approved endorsing body.
  • Demonstrate adequate investment funds to establish and expand the business.
  • Be the sole founder or a key member of the founding team.
  • Have English language proficiency at the CEFR intermediate Level B2.

The new business must fulfill the following three criteria:

  1. Innovation: Present an original and authentic business plan that addresses new or existing market needs and/or provides a competitive edge.
  2. Viability: Submit a realistic and achievable business plan, utilizing available resources. Applicants must possess or be in the process of developing the necessary skills, knowledge, experience, and market awareness to successfully operate the business.
  3. Scalability: Provide evidence of structured planning and potential for job creation and growth in both national and international markets.

INTERESTED IN MIGRATING TO THE UK

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