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Innovator Visa UK faqs answered by UK visa immigration lawyers in Delhi

Published on: 22 April 2019
Reading time: Approx 6 mins

UK Innovator Visa is a visa category for non-British residents who are experienced business persons, and are looking to establish a business in the United Kingdom. With the innovator visa category already functional, it makes sense that many aspiring entrepreneurs have questions about this route.

We hope these FAQs answered by SmartMove2UK’s Innovator Visa Immigration consultants in Delhi can be of assistance, and point you in the right direction.

FAQ’s – Innovator Visa UK

Do I need to have access to 50,000 Pounds?

That depends. The answer is yes if:
– You are applying to enter the UK for the first time from overseas; or
– You already have a Leave to Stay under the Innovator Visa category, and are applying to extend your Leave to pursuing a brand new business venture.

The applicant does NOT require access to 50,000 Pounds if:
– The applicant has a Leave to Stay under the Tier 1 Graduate Entrepreneur Visa (NOT the Tier 1 Entrepreneur) or Startup Visa and is applying to extend their stay under the Innovator Visa category instead; or
– The applicant has an Innovator Visa and is applying for extension on the same.

Know more about innovator visa in our article on What is UK Innovator Visa?

Do I need to be endorsed by a UK-approved endorsing body

Yes, you will. There are no exceptions to this requirement and your business idea will have to be endorsed as innovative, viable, as well as scalable if it is a new idea.

Can I switch to the Innovator visa category from a Tier 1 Entrepreneur Visa from within the UK?

Yes, you can. You can also switch to the Innovator visa from within the UK if you hold one of the following categories of UK Visas:

  • Start-Up
  • Tier 1 (Graduate Entrepreneur)
  • Tier 2

Click here to know more about UK endorsing Bodies

Can I apply for an innovator visa without professional legal assistance?

There is no law stating you shouldn’t. But I wouldn’t recommend it. The Innovator and Startup visa applications are more tedious than you might imagine, and they are not handed out as easily as one might think. The acceptance of your application comes down to some skilled evidencing and documentation work, along with the occasional loophole finding, should you be facing any complicated circumstances; the kind of work that would require a trained professional.

How to obtain UK innovator visa endorsement: Know here.

The SmartMove2UK has with highly experienced immigration attorneys / lawyers working to provide dedicated visa application work for all types of UK Immigration process. If you require assistance with your innovator Visa, or startup visa, it might be a good idea to attend the SmartMove2UK’s innovator visa talk.

This article was collaborated by The SmartMove Immigration’s team of immigration advisors. Our team is conducting a talk for entrepreneurs and business people looking for expansion or startup options in the United Kingdom. For a reasonable cost of Rs. 5,900, you get to experience a great talk about how you can use immigration law to your advantage and launch your business ideas in a market away from India.

The talk will be specifically dealing with the United Kingdom, however, if you have any questions regarding migration options for your business/startup in other nations like Malta, Cyprus, USA, Portugal, Australia or Canada, the team conducting this talk will be able to point you in the right direction.

If you want to know more about this UK Innovator Visa category or need assistance in your UK Visa application, you can contact us on below given details. Our expert innovator visa UK consultants / lawyers are based in Mumbai | Delhi | Bengaluru.


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