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- Tasks: Establish and grow an innovative business in the UK.
- Company: Join a vibrant entrepreneurial community driving economic growth.
- Benefits: Pathway to permanent residency and family inclusion.
- Why this job: Make your mark in the UK with your unique business idea.
- Qualifications: Must have an innovative, viable business idea approved by an endorsing body.
- Other info: Opportunity for career growth and potential British citizenship.
The predicted salary is between 36000 - 60000 £ per year.
The Innovator Founder visa was created in 2019 and is a pathway towards permanent residence, allowing experienced business entrepreneurs to establish and grow a company in the UK. This visa allows you to stay in the UK for 3 years to help drive economic growth in the country.
- Points Required: 70 points
- Who Qualifies? Entrepreneurs who want to build a business in the UK. Applicants can apply with their spouse/partner and dependent children.
- How Long Can You Stay? Up to 3 years. After this period you can apply for permanent residency.
- Processing Time: After you have submitted your online application, proved your identity and provided the relevant documents, 90% of applicants are processed within 3 weeks.
- Current Business Endorsing Bodies: Envestors Limited
Eligibility for Innovator Founder visa: In order to qualify for this visa you must meet several minimum requirements.
- Have a business or business idea accepted by an approved body
- Prove you have enough money to support yourself, normally £1,270
- Speak, read, write and understand English to a minimum standard
Firstly, if you are a citizen of any of the below nations you are exempt from SELT:
- Antigua and Barbuda
- Australia
- The Bahamas
- Belize
- Canada
- Dominica
- Grenada
- Jamaica
- St Kitts and Nevis
- St Lucia
- St Vincent and the Grenadines
- USA
Certification Provider: The International English Language Test (IELTS) is designed to help you work, study or migrate to the UK. Your ability to listen, read, write and speak in English will be assessed during the test. IELTS is graded on a scale of 1-9. You will be required to achieve at least 7.0 overall for this visa and in each category, Reading, Writing, Speaking and Listening.
You must have sufficient funds when applying for the Innovator Founder visa, the total minimum costs will vary depending on your circumstances.
- Application Fee: When applying within the UK such as to extend your current Innovator Founder visa or to switch from another visa, you will pay £1,590 for up to 3 years. When applying from outside the UK the fee will be £1,274.
- The Immigration Health Surcharge (IHS): entitles you to use the NHS if you become unwell or have an accident while in the UK. You have to pay the IHS even if you do not use the NHS or even if you have your own private health insurance, the cost is £1,035 per year. If you are applying for a 3-year visa you will have to pay £1,035 each year, therefore you will have to pay a total of £2,070.
- Sufficient Funds: You must have at least £1,270 in your bank account to show you can support yourself in the UK, a bank statement will suffice. The financial requirement is that you show you have enough money for your living costs for yourself and dependants while you move to the UK. You do not need to show funds if you have been living in the UK for 12 months or more with permission on the date of your application.
Documentation required for Innovator Visa UK: You must bring relevant documentation that will require some preparation before arriving in the UK. Although, this will vary depending on your occupation, nationality and length of stay.
- Provide an endorsement letter from an approved body
- Proof of your knowledge of English
- A valid passport for the entirety of the visa
- Bank statement proving sufficient funds
- Criminal Record Certificate: If you are applying for certain jobs mostly in the public sector such as healthcare, welfare and education sectors, you will need to provide a criminal record certificate for any country in which, since the age of 18, you have been present for 12 months or more in the 10 years before the date of your application.
Identity: For most applicants you must prove your identity by booking an appointment at a Visa Application Centre in your current country. The appointment will include collecting your fingerprints, facial photograph and signature. The UK government website has a list of addresses for each eligible country.
Can I bring my family? This visa will allow family members to join the main applicant in the UK, they are known as "dependants". You don't have to be a permanent resident or have an Indefinite Leave to Remain in the UK to bring your family members. The cost for each dependant is £1846 as of January 2024. Dependants over 18 can work full time in any profession throughout with no restrictions. The length of time allowed to stay is the same as the main applicant's work visa.
Can this lead to British citizenship? Yes, the first step to becoming a British citizen is being granted a visa that contributes towards the 3 year requirement for Indefinite Leave to Remain (ILR).
Innovator Founder in London employer: Emigratetotheuk
Contact Detail:
Emigratetotheuk Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Innovator Founder in London
✨Tip Number 1
Network like a pro! Get out there and connect with other entrepreneurs and business owners. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the perfect opportunity for you!
✨Tip Number 2
Show off your passion! When you get the chance to chat with potential partners or investors, make sure to convey your enthusiasm for your business idea. A genuine passion can be contagious and might just win them over.
✨Tip Number 3
Practice your pitch! You need to be able to explain your business idea clearly and concisely. Grab a friend or family member and do a mock pitch. The more comfortable you are, the better you'll come across in real situations.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you navigate the Innovator Founder visa process. Plus, applying directly through us gives you a better chance of landing that dream opportunity!
We think you need these skills to ace Innovator Founder in London
Some tips for your application 🫡
Get Your Business Idea Sorted: Before you even start your application, make sure your business idea is innovative, viable, and scalable. We want to see a solid business plan that’s been approved by an endorsing body, so take your time to get this right!
Show Us the Money: You’ll need to prove you’ve got at least £1,270 in your bank account to support yourself. Make sure your bank statements are clear and up-to-date, as this is a crucial part of your application.
Brush Up on Your English: You’ll need to show you can speak, read, write, and understand English at a minimum standard. If you’re not from an exempt country, be ready to take the IELTS test and aim for at least a 7.0 overall!
Apply Through Our Website: When you’re ready to submit your application, do it through our website! It’s the easiest way to ensure everything’s in order and helps us keep track of your application smoothly.
How to prepare for a job interview at Emigratetotheuk
✨Know Your Business Inside Out
Before the interview, make sure you have a deep understanding of your business idea. Be ready to discuss its innovative aspects, viability, and scalability. This will show that you're not just passionate but also well-prepared.
✨Prepare for Questions on Funding
Expect questions about how you plan to support yourself financially while establishing your business. Have clear figures and a plan ready to demonstrate that you meet the financial requirements for the Innovator Founder visa.
✨Showcase Your English Proficiency
Since you'll need to prove your English skills, be prepared to communicate clearly and confidently. Practise common interview questions in English to ensure you can express your ideas effectively during the interview.
✨Bring Relevant Documentation
Make sure to have all necessary documents ready, such as your endorsement letter and proof of funds. Being organised with your paperwork will not only help your case but also show that you are serious about your application.
