The Innovator visa is for individuals who are experienced businesspersons seeking to establish a business in the UK.
In most cases you will need to have access to at least £50,000 to invest in your business (or have already invested £50,000 in your business), but certain exceptions apply.
You will also need to have an innovative, viable and scalable business idea which is approved and supported by an endorsing body. The list of endorsing bodies for Innovator visa applications can be found here.
Applicants are expected to present a new business idea and generally, the business will not already exist. However, if it does, the new business should not yet have fully started trading
Applicants can work on their own as a sole founder, or together as part of an entrepreneurial team. Joint venture arrangements may also be acceptable.
Innovator visas are valid for 3 years and after spending 3 years in the Innovator visa category, you will be able to apply for indefinite leave to remain in the UK.
Innovator visa applicants can bring their partner and any children under the age of 18 to the UK.
