For entrepreneurs wanting to start a business in the United Kingdom, the Innovator Visa UK is a great option. This visa has been designed specifically for entrepreneurs who want to start a new business venture or grow an existing one.
The Innovator Visa UK was introduced in 2019 to replace the Tier 1 Entrepreneur Visa. It is meant to attract talented and ambitious businesspeople from around the world to establish their businesses in the UK.
To apply for the Innovator Visa UK, you need to have an innovative business idea that is assessed and endorsed by an approved endorsing body in the UK. You also need to show that you have at least £50, 000 in investment funds and the necessary skills and experience to run your business successfully.
One of the greatest benefits of the Innovator Visa UK is that it offers a path to settlement in the UK. After three years, you can apply for settlement, and after five years, you can apply for UK citizenship. This means that you can establish your business in the UK while also securing your future in the country.
Additionally, unlike other visas, Innovator Visa UK holders are allowed to work for their own business only, rather than being tied to an employer. This gives entrepreneurs more freedom to focus on their business and make it successful.
The Innovator Visa UK is a great opportunity for entrepreneurs with innovative ideas to start and grow their businesses in the UK. It offers a path to settlement and more freedom to work on your own business.
