United Kingdom: A Premier Destination for Global Entrepreneurs and Investors
The United Kingdom stands as a beacon for innovation, economic stability, and cultural richness. Its strategic location, robust legal system, and world-class institutions make it an ideal destination for entrepreneurs and investors seeking to establish a presence in a globally influential market.
UK Residency program
The UK Residency Program known as the UK Innovator Founder Visa provides a viable pathway for entrepreneurs to establish their businesses and lives in the UK. With its emphasis on innovation and business development, it offers both opportunities and challenges. Prospective applicants should ensure they meet all criteria and prepare thoroughly to maximize their chances of success.
What is the UK Innovator Founder Visa Program?
Introduced in 2019, the UK Innovator Founder Visa is designed for entrepreneurs with innovative, viable, and scalable business ideas. Successful applicants are granted a three-year visa, with the possibility of extension and a pathway to permanent residency.
Financial Requirements
Maintenance Funds: At least £1,270 in personal savings for 28 consecutive days before application.
Investment Funds: While the initial £50,000 investment requirement has been removed, a substantial investment is still expected to establish and grow the business.
Eligibility Criteria
Age: Applicants must be at least 18 years old.
Endorsement: Secure an endorsement from an approved UK endorsing body, confirming the business idea’s innovation, viability, and scalability.
English Proficiency: Demonstrate English language skills equivalent to CEFR Level B2.
Family inclusion
Spouse and children under 18 can accompany the main applicant.
Residency requirements
Significant physical presence is required in order to apply for Permanent Residency.
Path to Citizenship
Applicant(s) may apply for UK Citizenship after five (5) years, provided that the citizenship requirements are met.
Benefits of the UK Innovator Founder Visa Program
Fast-Track to Permanent Residency: Eligibility for Indefinite Leave to Remain (ILR) after 3 years.
Family Inclusion: Spouse and children under 18 can accompany the main applicant.
Access to UK Services: Benefit from the UK’s healthcare system and educational institutions.
Business Opportunities: Establish and grow your business in one of the world’s leading economies.
Global Mobility: Potential for UK citizenship after 5 years, granting access to 189 countries visa-free.
Next Steps
Ready to start your path toward UK residency and eventual citizenship? Our experienced immigration partners can assist with every step—from business plan development to visa application and legal compliance. Contact us today to schedule your free consultation.