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What is a UK startup visa?
You can apply for a Start-up visa if you want to set up an innovative business in the UK, which will be different from the other markets by fulfilling eligibility requirements. Start-up is not a route to settlement.
Who should apply for a UK Start-up visa?
The Start-up route is for a person seeking to establish a business in the UK for the first time.
The person must have an innovative, viable, and scalable business idea supported by an endorsing body approved by the Home Office.
What are the eligibility criteria for a UK start-up visa?
- You must be aged 18 or over on the date of application.
- You must be endorsed by an authorized body that is either a UK higher education institution or a business organization with a history of supporting UK entrepreneurs.
- You must apply for and obtain entry clearance on the Start-up route before they arrive in the UK.
Points requirement for Start-up visa: The applicant must be awarded a total of 70 points from the table below:
What is the endorsing requirement?
The endorsement criteria are:
Innovation: You must have a genuine, original business plan that meets new or existing market needs and creates a competitive advantage.
Viability: You have already or are currently developing the necessary skills, knowledge, experience, and market awareness to run the business successfully.
Scalability: You must provide evidence of structured planning and potential for job creation and growth in national markets.
What is the financial requirement for the Start-up route?
- If you are applying for permission to stay and have been living in the UK with permission for 12 months or more on the date of application, you will meet the financial requirement and do not need to show funds.
- If you are applying for entry clearance or have been in the UK for less than 12 months at the date of application, you must have funds of at least £1,270.
- You must show that they have held the required level of funds for 28 days and as per accordance with the requirement unless your endorsing body confirms you have awarded funding of at least the amount of £1,270.
How long can you stay in the UK on a UK Start-up visa?
You can stay for two years in the UK on this visa since a person can not be granted further permission, which would result in them spending more than two years based on a UK Start-up visa. At the end of two years, you may switch to a UK innovator visa, and after having spent three years in the UK based on a UK innovator visa, you would be eligible to take the settlement route.
What are the benefits of a UK Start-up visa?
- You would be able to develop and grow your start-up idea in the advanced corporate field of the UK
- There is no investment fund requirement, however, you may require investment funds as a condition of endorsement
- You may bring your family members, including a spouse/partner and children under the age of 18
- You would be able to study and work in the UK on a self-employment and voluntary work basis except for employment as a professional sportsperson, including as a sports coach
- Although a UK start-up is not a direct route to settlement in the UK, you may be able to settle in the UK after having switched to a UK innovator visa.
How Can We Help You?
- With a powerful team of dedicated professionals and trained counselors, we can meet the benchmarks set by the organizations while ensuring the provision of the best services.
- The highly committed and diligent immigration advisory team efficiently performs the whole corporate drafting and business plan development after having a detailed assessment of the client’s circumstances.
- We provide complete guidance regarding the documentation and other criteria required for a UK visitor visa.
- We prepare fully customized cases for our clients according to their situation and facilitate them by giving the best possible solutions for any problem.
- Our skillful immigration lawyers provide ultimate consultation to our clients from the beginning of application till completion, keeping them updated with their application processing.
- We duly complete the submission process of our client’s application and keep communicating with the immigration authorities until we get the successful results.
What is the UK Innovator Visa?
According to the UK immigration policy, UK innovator visa is stated as “A route for more experienced business-related people looking to establish a business in the UK. Applicants will have an innovative, viable, and scalable business idea supported by an endorsing body. With some exceptions, applicants will have funding to invest in their businesses. This category may lead to settlement in the UK”.
What is the Stay Duration Allotted on UK Innovator Visa?
You can stay in the UK for three years on a UK innovator visa. In case of need, you may also apply for extending your UK innovator visa for further three years when it is due to expire as many times as you want. After completing five years on a UK innovator visa, you can apply for settlement or permanent residence in the UK.
What is the Eligibility Requirement?
The eligibility criteria for a UK innovator visa include;
- The applicant must be aged 18 or over on the date of application.
- The application gets supported by an endorsing body.
- An applicant must have funds of at least £50,000 to invest in their business, and they must have a primary role in the day-to-day management and development of the business.
- A person seeking to come to the UK as an Innovator must apply for and obtain entry clearance on the Innovator route before they arrive in the UK.
- A person applying for entry clearance as an Innovator must, if required, provide a valid medical certificate confirming that they have undergone screening for active pulmonary tuberculosis and that this tuberculosis is not present in them.
- The applicant must be a genuine Innovator applicant.
- The applicant must show English proficiency on the Common European Framework of Reference for Languages in all four components (reading, writing, speaking, and listening) of at least level B2.
- The applicant must be awarded 70 points from the table below of which 50 must either be under the new business criteria or the same business criteria, but not both.
What is the Financial Requirement for the UK Innovator Visa?
If you are applying for permission to stay and have been in the UK for 12 months or longer on the date of application, you will meet the financial requirement and do not need to show funds. If you have been applying for entry clearance or permission to stay in the UK for less than 12 months at the date of application, you must have sufficient funds.
What are the Benefits of a UK Innovator Visa?
- With an Innovator visa, you can set up a business or several businesses and work for your business – this includes working as a director or self-employed as a member of a business partnership
- You can go abroad and return to the UK
- You can study and work with some exceptions
- You can bring your dependents along to the UK, your dependent spouse, and dependent children who can work freely in the UK with getting benefits from other basic facilities regarding study and health.
- You may also become able to settle in the UK or apply for permanent residency after completing a specified time duration.
How Can We Help You?
- With a powerful team of dedicated professionals and trained counselors, we can meet the benchmarks set by the organizations while ensuring the provision of the best services.
- The highly committed and diligent immigration advisory team efficiently performs the whole corporate drafting and business plan development after having a detailed assessment of the client’s circumstances.
- We provide complete guidance regarding the documentation and other criteria required for a UK visitor visa.
- We prepare fully customized cases for our clients according to their situation and facilitate them by giving the best possible solutions for any problem.
- Our skillful immigration lawyers provide ultimate consultation to our clients from the beginning of application till completion, keeping them updated with their application processing.
- We duly complete the submission process of our client’s application and keep communicating with the immigration authorities until we get the successful results.
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