Are you an entrepreneur looking to establish a business in the UK? The innovator visa UK may be your best bet. This visa grants you the opportunity to pursue your business idea and maybe even receive funding.
The innovator visa UK is for non-EEA European Economic Area citizens who have experience in running a business and a promising business idea. It replaces the Tier 1 Entrepreneur Visa program. To qualify for this visa, you’ll need to have at least £50, 000 to invest in your business. However, if you can get the backing of a registered UK investor, you may qualify with £25, 000.
To get your hands on the innovator visa UK, you’ll need to have an endorsement from one of the approved organisations. These organisations will assess your business idea and its potential. If they think it has potential, they’ll endorse you and guide you through the visa application process.
Once you have your visa, you can start setting up your business in the UK. You’ll have up to three years to develop and scale your business before you need to apply again. You’ll also have the freedom to work other jobs or carry out other business activities on the side.
The innovator visa UK provides a great opportunity for entrepreneurs looking to establish a business in the UK and take advantage of the country’s pro-business environment. It’s definitely worth considering if you have the drive and business acumen to succeed.