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United Kingdom (Startup)

Last updated on February 15th, 2022 at 03:26 pm

United Kingdom

Startup Visa

Innovator visa is an ideal route for entrepreneurs with a new innovative project who wish to start a company in the United Kingdom or experienced businessmen that have been running a business outside the United Kingdom for many years and wish to expand it to the UK. To be eligible for Innovator visa you need to invest in a new business idea, which means you are not allowed to join or invest into an already established business. Innovator visa leads to settlement and eventually to British citizenship.

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Learn more about the UK Startup Visa Program

Capital City

London

Visa free countries

5 (UK & Republic of Ireland)

Total area

242,495 km²

Languages

English

Currency

Pound Sterling £

Population

65 million (2017)

Time Zone

Greenwich Mean Time (UTC)

RCG_Map-UK

Visa-free travel
to 184 countries

Required investment
from approx. €830,000

Citizenship within 12 or 36 months

Low minimum presence requirement

Download The Country Factsheet



Download the Country Factsheet

Application Process

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Consult with Global RCG

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Prepare your documents

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Submit the application

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Receive your residency permit

UK Startup Visa
Application Process

Start-up visa applicants do not need any funds to invest in their business. However, the requirement to have a ‘viable’ and ‘scalable’ business idea means that, in practice, you may need to have funds available to invest. Some endorsing bodies require a certain level of funding as a condition of endorsement.

Endorsement Criteria for a UK Startup Visa

  • In order for your business proposal to be endorsed, an approved endorsing body will need to be satisfied that your business idea meets all of the following criteria; Innovation: You have a genuine, original business plan that meets new or existing market needs and/or creates a competitive advantage; Viability: You have, or are actively developing, the necessary skills, knowledge, experience and market awareness to successfully run the business; Scalability: Your business plan has potential for job creation and growth into national markets.

Other requirements:

  • You have not previously established a business in the UK
  • You have been endorsed by an approved UK endorsing body that has assessed your business idea for innovation, viability and scalability.
  • Your endorsement letter was issued not more than 3 months before the date of your Start-up visa application;
  • You genuinely intend to undertake, and are capable of undertaking, any work or business activity in the UK stated in your application;
  • See all requirements in our factsheet
Day 1
Day 1
Initial due diligence and Consultation. Sign client agreement
Day 1
Week 1
Week 1
Assess business idea, comprehensive development of idea to fit eligibility criteria, and align with Endorsing bodies specifications.

Develop Business Plan.
Week 1
Week 2
Week 2
Submit Business Plan and interview with endorsing body for approval. Fill out all Government Forms for Visa.
Week 2
Week 3
Week 3
Get Approval.
Week 3

Download Our Factsheet

Do you need more information about the UK Startup Visa program? Download the complete factsheet below:

Required & Non-Required Visa Countries

Taxation

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