Innovator Visa UK – Complete Guide

innovator visa UK

Introduction to the Innovator Visa UK

The Innovator Visa UK is designed for experienced entrepreneurs who want to set up and run an innovative business in the UK.
It is aimed at people with a unique business idea that is different from anything currently in the market.
To apply, your business proposal must be endorsed by an approved endorsing body in the UK.

At Primus Solicitors, we guide clients through every stage — from preparing the business plan to securing the endorsement and visa approval.

Applying for the Innovator Visa UK can be complex due to strict endorsement and business plan requirements.
We provide:

  • Business plan preparation advice.

  • Assistance in securing endorsement.

  • Full application preparation and submission.

  • Ongoing legal support for extensions and settlement.

📞 [0161 222 5860]
📧 [info@ansarhabib.com]
📍 First Floor 402 Palatine Road, Northenden, Manchester M22 4FZ

Who Can Apply for the Innovator Visa UK?

You can apply if:

  • You are at least 18 years old.

  • You have a new, innovative, and viable business idea.

  • Your business idea is approved by a UK endorsing body.

  • You have at least £50,000 in investment funds (for a new business).

  • You meet the English language requirements.

  • You can prove you have enough personal savings to support yourself.

Key Requirements

To get the Innovator Visa UK, your business must be:

  1. Innovative – Your idea must be original and not already widely available.

  2. Viable – You must show you have the skills, knowledge, and experience to run the business successfully.

  3. Scalable – There should be potential for growth and job creation in the UK.

Endorsement Process

Before applying, you must get an endorsement letter from an approved endorsing body.
They will assess your business plan and confirm it meets the required criteria.
This endorsement is valid for three months, and you must apply for your visa within that period.

Financial Requirements

If you are setting up a new business, you need to show £50,000 in investment funds.
If you are extending your visa for the same business, you may not need to show new investment funds.
You must also have enough money to support yourself — at least £1,270 in your bank account for 28 days before applying.

How Long You Can Stay

The Innovator Visa UK is granted for 3 years.
You can apply to extend it for another 3 years if your business continues to meet the endorsement requirements.
After 3 years, you may be eligible to apply for indefinite leave to remain (ILR) in the UK.

Benefits of the Innovator Visa UK

  • Live and work in the UK while running your business.

  • Bring your family members (dependants) with you.

  • Apply for settlement after 3 years if eligible.

  • Freedom to set up more than one business.

Application Process

  1. Prepare your business plan – Show innovation, viability, and scalability.

  2. Get an endorsement from an approved body.

  3. Gather supporting documents – Passport, proof of investment funds, proof of English, bank statements.

  4. Apply online and pay the fee.

  5. Attend a biometric appointment to provide fingerprints and a photo.

Applying for the Innovator Visa UK can be complex due to strict endorsement and business plan requirements.
We provide:

  • Business plan preparation advice.

  • Assistance in securing endorsement.

  • Full application preparation and submission.

  • Ongoing legal support for extensions and settlement.

📞 [0161 222 5860]
📧 [info@ansarhabib.com]
📍 First Floor 402 Palatine Road, Northenden, Manchester M22 4FZ

Fees

  • Visa application fee (outside the UK): £1,191

  • Visa extension or switch (inside the UK): £1,486

  • Healthcare surcharge: £1,035 per year

How Primus Solicitors Can Help

Applying for the Innovator Visa UK can be complex due to strict endorsement and business plan requirements.
We provide:

  • Business plan preparation advice.

  • Assistance in securing endorsement.

  • Full application preparation and submission.

  • Ongoing legal support for extensions and settlement.

📞 [0161 222 5860]
📧 [info@ansarhabib.com]
📍 First Floor 402 Palatine Road, Northenden, Manchester M22 4FZ

FAQs About the Innovator Visa UK

1. Can I apply without investment funds?
Only if you are extending your visa for the same business and meet growth requirements.

2. How long does it take to get a decision?
Usually within 3 weeks if applying from outside the UK, and 8 weeks inside the UK.

3. Can I work outside my business?
No, you can only work for your own business.

4. Can I bring my family?
Yes, you can bring your partner and children under 18.

5. Can I switch to the Innovator Visa UK inside the UK?
Yes, if you are on an eligible visa such as a Start-up Visa or Skilled Worker Visa.

6. Do I need IELTS?
You must prove English at level B2 unless exempt.

7. Can my endorsement be withdrawn?
Yes, and if it is, your visa may be cut short.

8. Can I apply for settlement?
Yes, after 3 years if your business meets the growth and endorsement criteria.