Are you an ambitious overseas entrepreneur eager to establish a business in the UK? The UK government has introduced the Innovator Founder Route, a ground-breaking pathway that replaces both the Innovator route and the Start-up visa. As a leading immigration law firm, DJF Solicitors are ready to assist you through the complexities of this innovative visa category. We are dedicated to providing expert assistance to overseas entrepreneurs, ensuring a smooth and successful journey to establishing your business in the UK.
Understanding the UK Innovator Founder Route
Launched in April 2023, the Innovator Founder Visa is tailored for non-UK residents looking to set up a business in the UK. This visa combines the best features of its predecessors, eliminating the £50,000 minimum investment requirement and simplifying the ‘check-in’ process with endorsing bodies. Our leading experts in immigration law at DJF Solicitors, are ready to guide you through this dynamic immigration landscape.
Key Features of the Innovator Founder Visa
- No Minimum Investment: Unlike its predecessors, the Innovator Founder Visa does not impose a £50,000 minimum investment requirement, making it more accessible for entrepreneurs.
- Reduced Check-in Requirement: The ‘check-in’ requirement with endorsing bodies has been streamlined to just two meetings, down from three under the Start-up rules.
- Secondary Employment: The visa permits secondary employment under certain conditions, enhancing flexibility for visa holders.
- Path to Settlement: Successful applicants can initially stay in the UK for up to 3 years, with the option to apply for indefinite leave to remain (settlement) if they meet the relevant requirements.
Eligibility and Business Endorsement
To qualify for the Innovator Founder Visa, your business must be endorsed by demonstrating innovation, viability, and scalability. Contact our specialist immigration team for further information, and we can assist you in presenting a compelling case for your business plan, ensuring it aligns with market needs and growth potential.
What the Innovator Founder Visa Allows
As a visa holder, you can work for your established business, undertake additional employment, and pursue studies alongside running your business. Once granted the visa, you will have initial permission to live and work in the UK is granted for a maximum of 3 years, after which settlement can be pursued.
Innovator Founder Visa Application Process
The application process involves obtaining an endorsement letter from supported bodies such as Investors Limited, UK Endorsing Services, Innovator International, or The Global Entrepreneurs Programme. DJF Solicitors offer personalised guidance and legal support, ensuring a smooth and specialised advice in guiding you through the intricacies of the application process.
Innovator Founder Visa Requirements
Applicants must score a total of 70 points, with 50 points under the new or same business criteria. At DJF Solicitors, we can advise you on how you may meet the English language and financial requirements, crucial for obtaining the remaining 20 points.
Innovator Founder Visa Costs
Application fees vary based on location. Main applicants applying from overseas pay £1,191, while those applying within the UK pay £1,486. Each applicant must also pay the immigration health surcharge per year of stay to access the UK’s National Health Service.
Settlement Under the Innovator Founder Route
Innovator Founder Visa holders can become eligible to settle in the UK, and time spent under this route counts towards the indefinite leave to remain residence requirement. DJF Solicitors highlights the importance of understanding the settlement process.
Innovator Founder Dependents
Qualifying partners and dependent children can join you in the UK as dependant migrants, engaging in various activities during their stay. Our leading experts at DJF Solicitors can provide expert advice on family migration under this visa category tailored to your needs.
What If Your Application Is Refused?
If your application is refused, understanding the grounds for refusal is crucial. Our immigration team has extensive experience and, can provide expert advice and guide you on the next steps.
Why Instruct Our Specialist Immigration Solicitors?
At DJF Solicitors, our team of specialist London immigration lawyers will always act in your best interest. We offer a client-tailored approach from the outset. From the very first meetings, we will be able to advise you in respect of your prospects of submitting a visa application before your application even reaches the Home Office UK Visa & Immigration department. We can assist you with the preparation and submission of a visa application and are able to advise you in respect of your prospects and to ensure that you meet all the requirements of the relevant rules.
Preparation is the key to successful immigration applications. Our UK immigration and visa solicitors are here to guide you through the complex immigration rules and requirements. If you wish to meet one of our lawyers, please call our expert London Immigration Team so we can assess your case and arrange your legal consultation to discuss your visa application.
Contact Us
For professional guidance and assistance with your application, contact our immigration solicitors on 02030110276 or complete our contact form.