The United Kingdom is a highly appealing location for both business and private residence. Its capital, London, boasts the highest GDP among all European cities and serves as the headquarters for numerous multinational corporations, financial institutions, professional firms, and prominent organizations. The Innovator Founder Visa is designed for individuals who possess relevant business experience and mandates the establishment of a new and expanding business within the UK.
United Kingdom
(Innovator Founder Program)
VISA FREE DESTINATIONS:
191
PASSPORT INDEX RANK:
4th
OVERVIEW:
PROCEDURE:
All applicants must submit the completed application and accompanying documents to the diplomatic post located in their country of residence. Prior to submitting the immigration application to the Home Office, the business concept must undergo evaluation by an approved endorsing body. The initial visa is valid for a duration of three years. Once it expires, the applicant has the option to apply for an “extension of stay” from within the UK or for indefinite leave to remain, provided all requirements are met. After maintaining continuous lawful residence for a period of five years, the applicant becomes eligible to apply for British citizenship. Business owners also have the opportunity to pursue secondary employment in the country, as long as it falls under skilled labor.
MINIMUM CAPITAL REQUIREMENT:
Innovation, Scaling Business
MAIN APPLICANT REQUIREMENTS:
PROCESSING TIME:
Processing time of one–eight weeks from submission of the application to approval
KEY BENEFITS:
- Residence permits acquired within three weeks
- Permanent residence possible after three years
- International business environment
- Attractive tax regime for individuals who are resident but not domiciled
- Direct international flight connections to most major global cities
- World-renowned schools and universities
