UK – Innovator Visa

50K £

Investment

3+

Years Visa

PR

Possible

3 Mth.

Process Time

You can apply for an Innovator visa if

  •  you want to set up or run a business in the UK
  • you’re from outside the European Economic Area (EEA) and Switzerland
  • you meet the other eligibility requirements
  • your business or business idea has been endorsed by an approved body

Funds you’ll need

  • You must have at least £50,000 in investment funds if you want to set up a new business. You do not need funds if either:
  • your business is already established and has been endorsed for an earlier visa
  • you’ve changed your business and already agreed it with your endorsing body

How long you can stay 

  • You can stay for 3 years if you:
  • come to the UK on an Innovator visa 
  • switch to this visa from another visa 
  • You can apply to extend for another 3 years when your visa is due to expire. There’s no limit on the number of times you can extend. 
  • You may be able to apply for settlement (known as ‘indefinite leave to remain’) once you’ve been in the UK for 3 years.

What you can and cannot do

You can:

  • set up a business or several businesses 
  • work for your business – this includes being employed as a director, or self-employed as a member of a business partnership 
  • bring family members with you 

You cannot:

  •  do any work outside your business, for example work where you’re employed by another business 
  • work as a doctor or dentist in training 
  • work as a professional sportsperson, for example a sports coach 
  • get public funds
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