How to get emergency fund and risk management
The UK Innovator Visa offers an exciting opportunity for experienced entrepreneurs looking to establish or run a business in the UK. It is designed for innovative thinkers with unique business ideas that are new to the UK market. If you’re an entrepreneur interested in relocating to the UK, the Innovator Visa could be the key to unlocking your business potential in one of the world’s most dynamic markets.
Eligibility Criteria for UK Innovator Visa
- Innovative Business Idea: Your idea must be new, unique, and not an existing business. It must offer something innovative with clear potential for growth and job creation.
- Endorsement by an Approved Body: You need an endorsement from an approved UK body that confirms your business idea is innovative, viable, and scalable.
- Investment Funds: You must have at least £50,000 in investment funds to start your business. If switching from the Start-up Visa, you may not need additional funding.
- Experience and Expertise: Applicants should demonstrate significant business experience in their field.
- English Language Proficiency: You need to prove English proficiency at a B2 level or higher on the CEFR.
- Maintenance Funds: You must have £1270 in personal savings to support yourself, and more if bringing family members.
- Residency Requirement: You must spend at least 180 days per year in the UK to maintain visa status.