UK Innovator Founder Visa Consultant in India | The SmartMove2UK

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UK Innovator Founder Visa Consultant in India
The SmartMove2UK
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The UK Innovator Visa has been replaced by a new
category the UK Innovator Founder Visa, from
13th April 2023
?

• Table of content
• Amendments
• Overview
• Bene ts Innovator Founder Visa UK
• Eligibility requirements
• UK Innovator Founder Visa endorsement
• Documents required for a UK Innovator Founder
  Visa
• Knowledge of English requirement
• Other requirements
• How to apply
• How to apply from outside the UK?

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UK Innovator Founder Visa Consultant in India
The SmartMove2UK

• Maintenance funds requirements
• Proving identity
• Bring your dependants
• Duration of stay in the UK
• Application cost
• Extend the UK Innovator Founder Visa
• ILR UK Innovator Founder Visa route
• Switch to an Innovator Founder Visa UK
• UK Innovator Founder Visa refused?

Amendments Amendments introduced in the UK
Innovator Founder Visa The new UK Innovator
Founder Visa aims to make the eligibility
criteria more exible so that those with a
genuine proposal for an innovative business and
who have suf cient funds to deliver it, are more
readily available to enter the UK and establish
their business. The new Innovator Founder Visa NO
longer has the 50,000 funds requirement Applican
ts will NO longer have to demonstrate that they
have a funding amount worth 50,000 in their
bank account Applicants will be permitted to
extend their visa under the UK Innovator Founder
Visa Settlement in the UK might be possible after
spending 3 continuous years residing in the UK
under the Innovator Founder Visa Overview Overv
iew of the UK Innovator Founder Visa As
suggested by the name, this visa category aims to
facilitate innovators, in any given industry, to
establish a business in the UK which is
generally something thats different from
anything else on the market The business or
business idea must be endorsed by an endorsing
body that
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Consultant in India The SmartMove2UK is on the
Home Of ce list and the applicants must meet
other eligibility criteria There can be more
than one innovator in a team and everyone can be
eligible to apply for this visa The business or
business idea must be innovative, scalable, and
viable This visa offers a pathway to accelerated
settlement after 3 years Applicants can be
joined by their dependents (spouse and children
below the age of 18 years) To know the
Innovator Founder Visa properly and help you make
a right decision, you need to understand the
following Bene ts Innovator Founder Visa
UK What are the bene ts of having an Innovator
Founder Visa UK? UK Innovator Founder Visa is a
great option for obtaining UK citizenship if you
have a unique innovative business or business
idea that is innovative, viable, and scalable.
Key bene ts include Less investment Pathway to
accelerated settlement Opportunity to set up and
grow a business with support from an endorsing
body Can have more than 2 members in the
innovator entrepreneurial team Quick processing
time Allows dependents to join main applicant
Want to know how to start a business in the UK
Eligibility requirements What are the eligibility
requirements for the UK Innovator Founder Visa?
To be eligible to apply for UK Innovator Founder
Visa the applicant will
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UK Innovator Founder Visa Consultant in India
The SmartMove2UK
Require endorsement of the business or business
idea from a UK endorsing body on the Home Of ce
list Meet the English language requirement Have
enough personal savings to support your stay in
the UK known as maintenance funds
requirement UK Innovator Founder Visa
endorsement What is the UK Innovator Founder
Visa endorsement? Under the UK Innovator Founder
Visa, an endorsement is a written approval given
by a Home Of ce authorized body who is satis ed
that you have a viable, innovative and scalable
idea and the business experience and funds to
support the same. Every endorsement has a unique
reference number and details of the applicant
along with the brief of the business venture they
intend to do. Documents required for a UK
Innovator Founder Visa What are the documents
required for a UK Innovator Founder Visa while
applying? Typically, applicants applying for
this visa will be required to provide documents
evidencing Valid passport con rming the
applicants identity and nationality.
Endorsement letter from an endorsing body from
the Home Of ce list Meeting English language
requirements Availability of investment
funds Meeting maintenance funds requirement e.g.
Bank statement TB test result (where this is a
requirement) Additional documents may be
required depending on the speci c circumstances.
Know more about Innovator Visa UK Endorsing
Bodies
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UK Innovator Founder Visa Consultant in India
The SmartMove2UK
Knowledge of English requirement What is the
Knowledge of English Requirement for a UK
Innovator Founder Visa? Applicants who are
required to meet the English language requirement
must prove that they can read, write, speak and
understand English to a level B2 on the Common
European Framework of Reference for Languages
(CEFR) scale. This requirement can be met
by passing Secure English Language Test (SELT)
from an approved provider have an academic quali
cation from the UK, e.g. Bachelor degree or
higher have studied in UK school below the age
of 18 for GCSE, A level, Scottish National Quali
cation level 4 or 5, Scottish Higher or Advanced
Higher in English having a degree-level academic
quali cation that was taught in English from
outside the UK and having con rmation through UK
NARIC that the quali cation is equivalent to a UK
bachelors degree, masters degree or PhD Other
requirements Despite this being a fairly new
category of visa, we have studied the complete
requirements, the basic of which are that The
founder/innovator applying under this category be
from outside the EEA and Switzerland (the
purpose must be to set up a business in the
UK) The founder/innovator meets the other
eligibility requirements as speci ed for this
category. You may also be able to form an
innovator team with other innovators Applying
for a UK visa under the Innovator category is a
two stage process. Obtaining an endorsement from
Endorsing bodies Applying for entry clearance
as an innovator How to apply
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UK Innovator Founder Visa Consultant in India
The SmartMove2UK
An applicant would require an endorsement from
the Home Of ce authorised endorsing body. Once
the applicant is granted an endorsement letter,
he can thereafter apply for an entry clearance
application. Applying for a UK visa under the
Innovator category is a two stage
process. Obtaining an endorsement from
Endorsing bodies Applying for entry clearance
as an innovator How to apply from outside the
UK? How to apply for an Innovator Founder Visa
UK from outside the UK? The applicant would be
required to complete an online application form
post receiving an endorsement letter from an
authorized endorsing body and submit the same at
the local VFS centre along with their biometrics
and supporting documents. Join an existing
business How to join an existing business as an
Innovator Founder Visa UK holder? An applicant
can establish a new business in the UK. An
innovative visa holder cannot join any existing
business in the UK and in fact would require his
own business idea to set up his own venture in
the UK. An applicant can continue their same
business if they have been last granted
permission to stay in the UK on the old/now
closed down visa categories Innovator Visa or
Start-up Visa or Tier 1 Graduate Entrepreneur
Visa and the applicant has been endorsed based
on a business that was assessed by an endorsing
body either for their previous endorsement or at
a contact point meeting during their last period
of permission.
Know more about How to obtain UK innovator visa
endorsement
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UK Innovator Founder Visa Consultant in India
The SmartMove2UK
Maintenance funds requirements How much
maintenance funds are required for an Innovator
Founder Visa UK? Applicants need to show 1,270
in savings in their bank account for 28
consecutive days before applying for the visa
this is the maintenance funds required to
support your stay in the UK There are additional
maintenance funds required to bring your
dependent partner children to the UK along
with you You, your partner, or your child will
require the following in addition to
the 1,270 for your partner, 285 for one child,
315 200 for every extra child Proving
identity How to prove your identity for a UK
Innovator Founder Visa? Applicants will require
a valid Passport to con rm their identity and
nationality. Bring your dependants How to bring
your partner children with you as your
dependants on an Innovator Founder Visa
UK? The Innovator Founder Visa allows partners
and children until the age of 18 to accompany
the main applicant under the said visa category.
The dependents would have to establish their
relationship with the main applicant, along with
demonstrating they have adequate maintenance
funds to support them in the UK without recourse
to public funds. Duration of stay in the
UK How long can you stay on the Innovator
Founder Visa UK? The permission for leave to
enter under the Innovator Founder Visa category is
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Consultant in India The SmartMove2UK granted
for 3 years. After 12 months and 24 months, you
will need to meet with your endorsing body to
demonstrate that your business is progressing. If
your endorsement is revoked by the endorsing
body, your visa may expire. Before your existing
visa expires, you must reapply with a fresh
endorsement if you want to stay longer.
Application cost How much does a UK Innovator
Founder Visa application cost? You are required
to pay 1,036 as the visa application fees, plus
the Immigration Health Surcharge (IHS) of 624
for each year granted to you on your UK
Innovator Founder Visa Extend the UK Innovator
Founder Visa How to extend the UK Innovator
Founder Visa? If both of the following are true,
you can submit an application to extend your
Innovator Founder Visa You meet the eligibility
criteria for this visa You are currently
operating a business in the UK or wish to start a
new one ILR UK Innovator Founder Visa
route How to apply for Inde nite Leave to Remain
(ILR) under the UK Innovator Founder Visa
route? An applicant can apply for an Inde nite
Leave to Remain (ILR) from within the UK.
However, they are required to comply with the
eligibility criteria Settlement in the UK might
be possible after spending 3 continuous years
residing in the UK under the Innovator Founder
Visa You must not have combined absences from the
UK exceeding 180 days in any consecutive
12-month period
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Consultant in India The SmartMove2UK Switch to
an Innovator Founder Visa UK How to apply to
switch to an Innovator Founder Visa UK? An
applicant can apply for a switch only from within
the UK, if they were not in the following
categories on their last grant of
permission Visitor Short-term student Parent
of a Child Student Seasonal Worker Domestic
worker in a private household Outside the
Immigration Rules The applicant is required to
provide an endorsement letter con rming the
business plan, provide evidence that they are pro
cient in the English language and have adequate
maintenance funds to support themselves. The
applicant is required to submit an online
application form and relevant documents along
with biometrics submission at centres located in
the UK. UK Innovator Founder Visa refused? If
an application for UK Innovator Founder Visa is
refused, the reasons would be cited in the
notice of refusal. Most common refusals are
either on the ground of genuineness criteria
where the assessing of cer has concerns about
the applicants role in creating and
implementing the business plan or if there are
reasons to refuse under the general grounds of
refusal or suitability requirements are not met
completely. In the event of refusal, the
applicant gets a right to request for an
administrative review online within 28 days at
no cost if you are outside the UK and in 14 days
if you are in the UK and pay 80. You can cite
the administrative errors made by the assessing
of cer. The applicant can expect a response in
28 calendar days.
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11/14/24, 555 PM Need help?
UK Innovator Founder Visa Consultant in India
The SmartMove2UK
How can The SmartMove2UK be of help for your UK
Innovator Founder visa application? If you
would like to know more about this visa category
or need assistance in your UK Visa application,
you can contact us on below provided details. Our
UK Innovator Founder Visa Consultants are based
in India (Mumbai Delhi Bengaluru) catering
to clients from all over the world.
91 9819127002 91 9819127002
Book your Consultation info_at_smartmove2uk.com
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