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🇬🇧 UK Innovator Visa
The UK Innovator Visa is a special type of visa designed for entrepreneurs with innovative, viable, and scalable business ideas who wish to establish a company and grow their business in the United Kingdom. This visa is aimed at individuals who wish to implement their business plans with investor support and make a difference in their industry. Applicants’ business ideas are evaluated by endorsing bodies approved by the UK Government. This endorsement is one of the key requirements of the visa and must demonstrate that the idea is innovative, commercially viable, and has long-term growth potential.
The Innovator Visa not only allows long-term residence and the opportunity to do business in the UK, but also grants the right to settle in the country with your family and extend your residence permit when it expires. Under certain conditions, you may also apply for Indefinite Leave to Remain (ILR) in the UK.
📌 Innovator Visa Eligibility Requirements
To apply for this visa, the business idea to be implemented in the UK must meet specific criteria. The business plan must be endorsed by an approved endorsing body, and the applicant must provide evidence of their qualifications and skills. The business idea must meet three key characteristics: it must be innovative, viable, and scalable. In addition, the applicant must prove they have at least £50,000 in investment funds.
Alongside financial eligibility, applicants are also required to meet the English language requirement, which can be demonstrated through IELTS or similar tests. The applicant must also show they have sufficient funds to support themselves and any dependents.
📝 Required Documents
Typical documents required for a UK Innovator Visa application include: a valid passport, an endorsement letter from an approved endorsing body, evidence of investment funds, proof of English language proficiency, financial statements, the business plan, and documents proving previous work experience if applicable. All documents must be in English or Welsh; Turkish documents must be submitted with a sworn translation.
🕒 Application Process and Processing Time
UK Innovator Visa applications are generally processed within 3 weeks from the date of submission. Applicants from outside the UK must complete the online application form after obtaining their endorsement letter, upload all necessary documents, and attend an appointment to provide biometric data and photographs. Providing complete and accurate information at each stage is crucial for a positive outcome.
🕒 Visa Validity and Extension
The Innovator Visa is initially granted for 3 years. If the business plan and performance reviews are deemed successful, this period can be extended for another 3 years. For an extension, it is necessary to prove to the endorsing body that the business plan has been successfully implemented and has shown progress. After three years, if the relevant conditions are met, an application for Indefinite Leave to Remain can be submitted.
📌 Professional Support with Marsel Visa
Marsel Visa offers professional consultancy services for your UK Innovator Visa applications from start to finish. From preparing your business plan and managing the endorsement process to completing the visa application documents and scheduling appointments, we are with you at every stage. If your goal is to establish and grow your own business in the United Kingdom, we provide tailored solutions to help you take the right steps and complete the process as quickly as possible.