- “Start-up” Visa: This visa allows applicants with no business experience to start a business in the UK. The nature of the business must be innovative, feasible and scalable. The visa period is 2 years.
- “Innovator Visa”: This visa allows experienced business people to establish or operate an innovative business in the UK and have the opportunity to immigrate to the UK. The visa period is 3 years.
Applicants without business experience can first apply for a “Start-up Visa”, and after establishing and operating a business in the UK, they can then apply for an “Innovator Visa” to stay in the UK and operate the business. Applicants who are approved for these two visas can bring their spouses and children to stay in the UK .
Both visas require applicants to be 18 years of age or older , have an English proficiency level of CEFR B2 (i.e. an IELTS score of 5.5-6.5) and the following requirements:
Start-up Visa
- The business you start must be innovative, viable and scalable
- An Endorsement Letter issued by a government-designated agency is required
Innovator Visa
- Investment capital of at least GBP 50,000
- The business must obtain an endorsement from a government-designated agency.
- After the applicant has lived in the UK for 5 years, the business he/she operates must meet at least 2 of the following conditions to apply for permanent residence
- Invest at least £50,000 in the business;
- In the past three years, the number of customers has doubled;
- Apply for intellectual property protection for R&D projects;
- The total annual revenue for the last full year is £1 million ;
- Total annual revenue in the last full year is £500,000 , of which at least £100,000 is from overseas business;
- Hire UK permanent residents or citizens and create at least 10 jobs ;
- Hire UK permanent residents or citizens, create at least 5 jobs , and the average annual salary is at least £ 25,000
Being the sole representative of an overseas parent company’s overseas business plan to set up a subsidiary in the UK and operating its UK branch as a full-time senior manager, you can obtain permanent residence status after 5 years and apply for naturalization to become a citizen after living there for another year.
- No age requirement
- No specified operating amount
- Spouses can work and accompanying children can receive top British education
- Intends to set up its first subsidiary in the UK, whose representatives need to be recruited and employed by the company with its head office and principal place of business outside the UK
- Rich industry experience and knowledge
- Holds a senior position in the company (but is not a major shareholder) and has the power to make decisions on behalf of the company
- Speaking and listening skills must meet the English CEFR A1 level requirement
- Need to prove that you have enough funds to live in the local area
Free consultation with professional consultants ➤ Signing of contracts ➤ Preparation of application documents and plans ➤ Formal submission of applications ➤ Obtaining a temporary residence visa ➤ Landing and establishing a branch ➤ Applying for renewal after 3 years of operation ➤ Applying for permanent residence after the 5th year of operation ➤ Applying for naturalization and becoming a citizen after living for another year