United Kingdom

UK BUSINESS VISA

If you’re looking to start up a business in Britain, there are a number of types of UK business visa that may be available to you.

Each visa is different, so it’s recommended you take advice on your specific circumstances to ensure you consider all the options relevant to your needs and that you satisfy the eligibility criteria before embarking on the application process.

The main types of business visa for non-EEA nationals include:

UK BUSINESS VISA CATEGORIES

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UK INNOVATOR VISA

Suitable for professionals who have their own business or are part of the senior management team of a company and would like to now start a new business in the UK

 

1- The Innovator category is for more experienced businesspeople seeking to establish a business in the UK.

2- Applicants will need a minimum £50,000 funding available to invest in their business.

3- Successful Innovators are granted leave for 3 years at a time and can also bring their family members (spouses/partners and children under 18) to the UK.

4- Innovators must work entirely on developing their business ventures and may not take on other employment outside their business. This includes anything which effectively amounts to employment, such as using their own business to hire out their labour to another employer.

5- After 3 years, Innovators can apply to extend their stay for a further 3 years or to settle permanently in the UK. Each of these 3 stages (initial application, extension, settlement) requires endorsement from an endorsing body.

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UK STARTUP VISA

 

1- The Start-up category is for early-stage but high potential entrepreneurs starting a business in the UK for the first time.

2- Applicants do not need any funds to invest in their business at this stage, and must not have previously set up a business in the UK.

3- Successful applicants are granted leave for 2 years and can also bring their family members (spouses/partners and children under 18) to the UK.

4- During the granted period of leave applicants will spend the majority of their time developing their businesses but can also take on other work outside of their businesses, to support themselves.

Advantages of UK Start-Up Visa

 

1- You can leave and enter the UK as much as you like.

2- Applicants do not need any funds to invest in their business at this stage, and must not have previously set up a business in the UK.

3- Successful applicants are granted leave for two years and can also bring their family members (spouses/partners and children under 18) to the UK.

4- During the granted period of leave, applicants will spend the majority of their time developing their businesses but may also take on other work outside of their businesses to support themselves.

5- At the end of two years, Startup visa holders can switch to the Innovator category to extend their stay and develop their businesses in the UK.

6- Eventually you can live in UK.

 

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