Innovator Visa UK: Main eligibility requirements for Settlement/ILR

May 21, 2020

Applicant will need to satisfy UK Visas & Immigration that in order to apply for ILR Innovator Visa UK:

  • Applicant has been endorsed by an approved UK endorsing body that is satisfied that applicant has shown significant achievements judged against the business plan assessed in their previous endorsement
  • Applicant has registered with Companies House as a Director or Member of their business, business is trading and appears sustainable for at least the following 12 months
  • Applicant has had an active key role in the day-to-day management and development of the business, and they will spend their entire working time in the UK on developing business ventures
  • Applicant satisfy at least two of the following:

o . At least £50,000 has been invested into the business

o . The business has created the equivalent of at least 5 full-time jobs for resident workers, which have an average salary of at least £25,000 a year

o . The business has created the equivalent of at least 10 full-time jobs for resident workers with no average salary requirement

o . The number of customers has at least doubled within the most recent 3 years and is currently higher than the mean number of customers for other UK businesses offering comparable main products or services

o . The business has engaged in significant research and development activity and has applied for intellectual property protection in the UK

o . The business has generated a minimum annual gross revenue of £1 million in the last full year covered by its accounts The business has generated a minimum annual gross revenue of £500,000 in the last full year covered by its accounts, with at least £100,000 from exporting overseas

  • Applicant has spent not more than 180 days outside the UK in any rolling 12-monthperiod during the 3 years prior to the date of application
  • Applicant is competent in the English language to at least CEFR Level B2, equivalent to IELTS 5.5 in reading, writing, listening and speaking
  • Applicant has passed Life in the UK test

CONSULTATION FROM IMMIGRATION LAWYERS IN LONDON – Innovator Visa

You can request consultation from our immigration lawyers over the phone as in person.

Mann’s Solutions is international immigration law firm with offices in London, Hong Kong, Istanbul and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration lawyers regulated by OISC (Office of the Immigration Services Commissioner).

For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

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