The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign state located off the north-western coast of continental Europe. The country includes the island of Great Britain (a term sometimes loosely applied to the whole state), the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the UK that shares a land border with another state: the Republic of Ireland. Apart from this land border, the UK is surrounded by the Atlantic Ocean, with the North Sea in the east, the English Channel in the south and the Irish Sea in the west.
UK immigration policy is such that investment in the economy is strongly encouraged, and for people, who are ready to invest, the most favorable conditions for obtaining a residence permit and citizenship are created.
If you want to start and manage an innovative business in the UK, it has to be something that stands apart from the competition.
An endorsement body has endorsed your firm or business idea.
You meet all of the other requirements. (ex.: Must be 18 years old or older; Be able to demonstrate that you have sufficient personal savings to support yourself while you are in the United Kingdom; etc.)
You must demonstrate that your business concept is:
Brand new - you cannot join an existing company. creative - you must have a unique business concept unlike any other product on the market.
Creative - you must have a unique business concept unlike any other product on the market.
Viable, with room for expansion while you are in the United Kingdom
If You Wish To Start a New Company:
To apply for an investment, you must have at least £50,000 in investment funds.
If you wish to start a new firm, you can apply for an innovator visa. You'll have to demonstrate where you acquired your money.
If one of the following applies, you don't require any investment funds:
Your company is already established and has received approval for an extension of earlier visa.
You've changed your business and informed the endorsement body.
You must have at least £1,270 in your bank account for a period of 28 days before you:
If you have been in the UK for less than a year, apply for an Innovator visa
if you have been in the UK for more than a year, apply to extend your Innovator visa or switch to an Innovator visa.
You cannot rely on either of the following to survive:
Money from your investment accounts;
Money gained while working illegally in the United Kingdom.
Time to process:
The earliest you may apply is three months before your trip, and you should hear back within three weeks.