[fusion_builder_container hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” status=”published” publish_date=”” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” admin_label=”Innovator Visa UK 2019″ type=”legacy”][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” link=”” target=”_self” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_image_id=”” background_position=”left top” background_repeat=”no-repeat” hover_type=”none” border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=”” last=”true” border_sizes_top=”0″ border_sizes_bottom=”0″ border_sizes_left=”0″ border_sizes_right=”0″ first=”true”][fusion_alert type=”notice” accent_color=”#808080″ hue=”” saturation=”” lightness=”” alpha=”” background_color=”#ffffff” border_size=”” border_radius_top_left=”” border_radius_top_right=”” border_radius_bottom_right=”” border_radius_bottom_left=”” icon=”” text_align=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” text_transform=”” link_color_inheritance=”” dismissable=”” box_shadow=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]
The UK Innovator Visa has been replaced by a new category – the UK Innovator Founder Visa, from 13th April 2023
[/fusion_alert][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”” text_color=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
The Innovator Visa UK 2020 has been touted to replace the much prestigious Entrepreneur Visa under Tier-1.  As the Entrepreneur Visa was placed under the category of Tier-1, the application has been extended to 5th April 2023, whereas the settlement applications are open till 5th April 2025, given the previously eligible immigrants an opportunity to opt for the Innovator Visa instead.
The new statement of change has outlined the eligibility criteria for the endorsement category. These can also be considered as your 3 main requirements to be eligible for a UK innovator visa.
[/fusion_text][fusion_title title_type=”text” rotation_effect=”bounceIn” display_time=”1200″ highlight_effect=”circle” loop_animation=”off” highlight_width=”9″ highlight_top_margin=”0″ before_text=”” rotation_text=”” highlight_text=”” after_text=”” title_link=”off” link_url=”” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” content_align_medium=”” content_align_small=”” content_align=”left” size=”2″ animated_font_size=”” fusion_font_family_title_font=”” fusion_font_variant_title_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”” text_color=”” hue=”” saturation=”” lightness=”” alpha=”” animated_text_color=”” text_shadow=”no” text_shadow_vertical=”” text_shadow_horizontal=”” text_shadow_blur=”0″ text_shadow_color=”” margin_top_medium=”” margin_right_medium=”” margin_bottom_medium=”” margin_left_medium=”” margin_top_small=”” margin_right_small=”” margin_bottom_small=”” margin_left_small=”” margin_top=”30PX” margin_right=”” margin_bottom=”” margin_left=”” margin_top_mobile=”” margin_bottom_mobile=”” gradient_font=”no” gradient_start_color=”” gradient_end_color=”” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ highlight_color=”” style_type=”none” sep_color=”” link_color=”” link_hover_color=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]The 3 main requirements for the Innovator Visa UK:[/fusion_title][fusion_title hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” content_align=”left” size=”3″ font_size=”” line_height=”” letter_spacing=”” margin_top=”1px” margin_bottom=”2px” margin_top_mobile=”” margin_bottom_mobile=”” text_color=”” style_type=”none” sep_color=”” margin_top_small=”” margin_bottom_small=””]
1. Innovation
[/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]There has to be genuine proof of a business plan that would suffice the needs of the market either new or already existing and fosters a spirit of healthy competitive advantage.[/fusion_text][fusion_title hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” content_align=”left” size=”3″ font_size=”” line_height=”” letter_spacing=”” margin_top=”1px” margin_bottom=”2px” margin_top_mobile=”” margin_bottom_mobile=”” text_color=”” style_type=”none” sep_color=”” margin_top_small=”” margin_bottom_small=””]
2. Viability
[/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]The applicants must be well aware of the present market scenarios and have to assure that he has the viable skills to be able to benefit the market in the best possible way.[/fusion_text][fusion_title hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” content_align=”left” size=”3″ font_size=”” line_height=”” letter_spacing=”” margin_top=”1px” margin_bottom=”2px” margin_top_mobile=”” margin_bottom_mobile=”” text_color=”” style_type=”none” sep_color=”” margin_top_small=”” margin_bottom_small=””]
3. Scalability
[/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]The applicants must demonstrate further evidence of structured planning and the potential for the creation of employment.[/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”” text_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]
Though the above mentioned seem to be generic ideation of the whole concept of the Innovator visa, the below is a list of other important points to be kept in mind while applying for the Innovator visa:
Learn more about UK Innovator Founder Visa.
[/fusion_text][fusion_checklist icon=”” iconcolor=”#f44336″ circle=”no” circlecolor=”” size=”18px” divider=”” divider_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””][fusion_li_item icon=”fa-check fas”]
The Applicants require £50,000 instead of £200,000 in the case of Tier-1 Entrepreneur Visa minimum funding that must be available in the initial stage while investing in a business.
[/fusion_li_item][fusion_li_item icon=”fa-check fas”]
The people who enter through this visa can solely work in their venture only and must be thoroughly dedicated to expanding their business.
[/fusion_li_item][fusion_li_item icon=”fa-check fas”]The innovators who are termed as successful are granted leave for 3 years at a time also with their family members which may include their partners or dependent children under the age of 18 to the UK.[/fusion_li_item][fusion_li_item icon=”fa-check fas”]The innovators have an option to leave to remain indefinitely post 3 years or can even further their stay for another three years, whichever may seem like a viable option.[/fusion_li_item][fusion_li_item icon=”fa-check fas”]To apply for this category, no prior requirement of being a graduate is required as in the case of another newly introduced Start-up visa.[/fusion_li_item][fusion_li_item icon=”fa-check fas”]
Compulsory UK innovator visa endorsement is required for all the three stages of initiation, application and further leave to remain is required so as to check the credibility of the person.
[/fusion_li_item][/fusion_checklist][fusion_menu_anchor name=”business-models” class=”” /][fusion_tagline_box content_alignment=”left” link=”” button=”” linktarget=”_self” modal=”” button_size=”” button_type=”” buttoncolor=”default” title=”SW5ub3ZhdG9yIEJ1c2luZXNzIFZpc2EgVUsgSSB3b3VsZCBsaWtlIHRvIGtub3cgd2hhdCBraW5kIG9mIGJ1c2luZXNzIG1vZGVscyBhcmUgY29uc2lkZXJlZCBmb3IgaGlnaGVyIHNlbGVjdGlvbiBvZiBWaXNhIG9yIG5hdHVyZSBvZiBidXNpbmVzcyBpbiBzaW1wbGUgd29yZHMg” description=”LSBRdWVzdGlvbiBhc2tlZCBpbiBhIGZvcnVt” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” backgroundcolor=”” shadow=”no” shadowopacity=”0.7″ border=”1″ bordercolor=”” highlightposition=”left” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]You need to have an innovative business idea to get endorsement from the recognised endorsing bodies in the UK.[/fusion_tagline_box][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” font_size=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” line_height=”” letter_spacing=”” text_color=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]
The Innovator Visa is estimated to expand and welcome a new cesspool of talent which is not limited and would drive the economy in terms of employment opportunities.
Should you be interested in entrepreneurial ventures in the United Kingdom, you need a partner you can trust when it comes to the legal immigration aspects of the plan, which believe it not, can cause serious hurdles in your business paths should you not take the right precautions.
[/fusion_text][fusion_title hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” content_align=”left” size=”2″ font_size=”” line_height=”” letter_spacing=”” margin_top=”” margin_bottom=”” text_color=”#03a9f4″ style_type=”none” sep_color=””]
Smart Assistance for Smart Overseas Business Expansions
[/fusion_title][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”” text_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]
Our associates at The SmartMove2UK (a unit of SmartMove Immigration) have had extensive experience in the Tier 1 Entrepreneur Visa routes as well as other business Visas to the UK, making our Solicitor-led team more than ready to help applicants adapt their profiles to fit the new visa routes. Namely, The Innovator Visa, as described in this article, and the Startup Visa UK.
For further queries and clarifications, call us on +91-9819127002 and book your consultation appointment.
You can find our presence in New Delhi and Bengaluru as well as Mumbai being our registered office.
[/fusion_text][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”” rule_size=”” rule_color=”” hue=”” saturation=”” lightness=”” alpha=”” user_select=”” content_alignment_medium=”” content_alignment_small=”” content_alignment=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” margin_top=”” margin_right=”” margin_bottom=”” margin_left=”” fusion_font_family_text_font=”” fusion_font_variant_text_font=”” font_size=”” line_height=”” letter_spacing=”” text_transform=”” text_color=”” animation_type=”” animation_direction=”left” animation_color=”” animation_speed=”0.3″ animation_delay=”0″ animation_offset=”” logics=””]If you want more info or updates on the latest change in the UK Innovator Visa, you can contact our immigration expertÔÇÖs on:
[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container type=”flex” hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” align_content=”stretch” flex_align_items=”flex-start” flex_justify_content=”flex-start” hundred_percent_height_center_content=”yes” equal_height_columns=”no” container_tag=”div” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” status=”published” border_style=”solid” box_shadow=”no” box_shadow_blur=”0″ box_shadow_spread=”0″ gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_blend_mode=”none” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” absolute=”off” absolute_devices=”small,medium,large” sticky=”off” 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title_link=”off” link_target=”_self” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” content_align=”left” size=”2″ text_shadow=”no” text_shadow_blur=”0″ gradient_font=”no” gradient_start_position=”0″ gradient_end_position=”100″ gradient_type=”linear” radial_direction=”center center” linear_angle=”180″ style_type=”default” animation_direction=”left” animation_speed=”0.3″ text_color=”#e85800″]Always stay a step ahead with our latest UK immigration News Updates[/fusion_title][fusion_text rule_style=”default” animation_direction=”left” animation_speed=”0.3″ hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” margin_bottom=”0px”]Subscribe to our blogs and newsletter[/fusion_text][fusion_builder_row_inner][fusion_builder_column_inner type=”1_2″ layout=”1_2″ align_self=”center” content_layout=”column” align_content=”flex-start” valign_content=”flex-start” content_wrap=”wrap” center_content=”no” 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