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Innovator Founder Visa
The Innovator Founder visa is designed for seasoned founders and technology entrepreneurs looking to establish a business in the UK. Applicants must present an innovative, viable, and scalable business idea that is endorsed and supported by a qualifying endorsing body.
About Innovator Founder Visa
The Innovator Founder visa enables skilled entrepreneurs to come to the UK and setup or run their own business. Applicants must be able to demonstrate an innovative, scalable, and viable business model to apply.
The proposal must also be approved by a supported endorsing body for the application’s success. This visa route grants applicants 3 years within the UK.
The Innovator Founder visa also offers a pathway to settlement in the UK, as after three years, innovators can apply for Indefinite Leave to Remain, allowing them to stay in the UK for as long as they wish.
For Tech Specialists
Eligibility for UK Innovator Founder Visa
Experience
You have at least 1 year business experience in related field
Endorsement
The endorsement letter must be issued within three months prior to the date of your Innovator visa application.
English language requirement
You possess proficiency in the English language, reaching at least CEFR Level B2 (comparable to an IELTS score of 5.5 in reading, writing, listening, and speaking).
Finance
Bank statement showing at least £1,270 in your bank account for 28 consecutive days before the application, and additionally £285 for your partner, £315 for one child, and £200 for each additional child
Visa Application
Your application is not subject to rejection on general grounds
Business plan
Your business plan should show the innovation, viability and scalability of your business
Why Choose Us
Services we provide
Case review
Need to check your case before applying? Book a session with us
Case strategy
We consider each case individually and offer the best personalised solution for every single client
Business planning
We have a deep expertise in business planning to make a perfect business plan to get good scoring
Endorsement application
Through our robust network of accelerators and communities, we can connect you with huge opportunities
Visa application
Through our robust network of accelerators and communities, we can connect you with huge opportunities
Common QUestions
Most Popular Questions.
The information provided in this FAQ section is for general guidance purposes only. Each individual’s circumstances may vary, and it is recommended to seek personalized advice from our legal partners for accurate and up-to-date information specific to your situation.
To be eligible for the Innovator Founder Visa, you must meet certain requirements, including having a viable and innovative business idea, obtaining an endorsement from an approved endorsing body, and demonstrating the necessary funds to support yourself and your business in the UK. Our experts can assess your eligibility and guide you through the application process.
An endorsing body is an organization approved by the UK government to assess and endorse Innovator Visa applications. They evaluate the innovative nature and viability of your business idea. Our consultancy services include assistance in securing endorsements from relevant endorsing bodies, ensuring your application has the best chance of success.
The processing time for the Innovator Founder Visa can vary depending on various factors, including the complexity of your application and the workload of the UK immigration authorities. Typically, the processing time ranges from a few weeks to a few months. Our legal partners will provide guidance and support throughout the process, keeping you informed of any updates or requirements.
Yes, the Innovator Founder Visa allows you to bring your spouse/partner and children under the age of 18 to the UK as your dependents. They will have access to healthcare, education, and employment opportunities, providing a supportive environment for your family during your entrepreneurial journey.
Unlike other visa categories, the Innovator Founder Visa does not have a specific minimum investment requirement. However, you must demonstrate that you have access to sufficient funds to support yourself and your business in the UK. Our legal partners can provide guidance on the financial aspects of your application and help you present a robust financial plan.
Yes, starting from April 2023, individuals holding the Innovator Founder Visa are now allowed to work for someone else as an employee in addition to running their own business. This change provides flexibility for entrepreneurs who may choose to explore additional opportunities or gain experience in the UK job market. Our legal partners can provide further details and guidance based on your specific circumstances.
Yes, the Innovator Founder Visa can be a pathway to permanent residency and citizenship in the UK. After residing in the UK for a continuous period of 3 years under the Innovator Founder Visa, and meeting certain requirements, you can apply for Indefinite Leave to Remain (ILR). Once you hold ILR, you may be eligible to apply for British citizenship. This makes the Innovator Founder Visa one of the fastest routes to citizenship. Our consultants can provide detailed information and guidance on the requirements and process.
Yes, the Innovator Founder Visa allows for extensions, subject to meeting certain criteria. To extend your stay, you will need to demonstrate that your business has made progress and achieved the objectives set out in your initial business plan. Our legal partners can provide ongoing support and guidance to help you prepare for the extension process and ensure a smooth transition.
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Services for dependants
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Business consulting
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How else do we help?
Relofy specializes at a wide range of visas and a number of specific additional services