Innovator Visa Route is a great choice for those who want to move to the UK by opening a business. To be eligible for the visa, the applicant will need to have access to at least £50,000 to invest in their innovative business idea.
The business idea, on the other hand, must be innovative, viable, and scalable to get approved and supported by an endorsing body. An endorsement Letter is essential for the Innovator Visa application; therefore, the business plan creation and approval are the first stage. Our trusted immigration advisers can assist applicants to identify an appropriate endorsing body and then prepare a strong application for the endorsement.
For our clients, we have built a reliable compliance system that helps our clients successfully obtain Endorsement Letters. Mann’s Solutions is operating with few endorsement bodies and assists clients with successful case preparation and business plan drafting. From our experience, it is clear that a successful business plan should include the following points:
– The Company Overview
– Market Overview and Trends
– Competition Analysis
– Unique Selling Point (USP)
– Sales & Marketing Strategy
– The Growth Strategy
– The Intellectual Property Information
– Management Team Information
– Financial Projections
– The Employment Plan
– Regulation & Licensing
– Balance Sheet and P&L
– Financial Performance
– Valuation & Exit Strategy
ILR and Settlement
Initial Innovator visa will be granted for 3 years, it will be possible to extend an Innovator visa for periods of 3 years at a time. The applicant will be able to apply for indefinite leave to remain after spending 3 years in the Innovator visa category
The applicant will need to stay in contact with your endorsing body with checkpoints at 6, 12, and 24 months after their application is successful. The endorsing body will need to be satisfied that the applicant is continuing to work on your business venture and has demonstrated reasonable progress about either their original or a new business idea that is innovative, scalable, and viable.
What else do you need to know?
Applicant’s partner and any children under the age of 18 may accompany or join them as dependents. Applicants can be the sole founder of their business and they can be a member of an innovator team. Each applicant must receive their own individual endorsement from an approved endorsing body, in order to satisfy the investment funds required for a new business endorsement, each applicant must have at least £50,000 investment funds each.
Read about one of our successful UK Innovator Visa Case Studies with Co-Founder of Fintech Start-Up here – (https://www.manns-solutions.com/uk-innovator-visa-case-study-longevity-card/)
LONDON IMMIGRATION ADVISERS – Innovator Visa
Mann’s Solutions is international immigration law firm with offices in London, Hong Kong and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers regulated by OISC.
For further information or to discuss your personal circumstances in a private consultation with our immigration advisers in London Office, please contact us at firstname.lastname@example.org or call +44 207 993 63 46.