The UK is a diverse and multicultural society with exceptional global links. An Innovator Visa is usually granted within three weeks of application and is the first step towards permanent residence in the UK – and ultimately, UK citizenship. The UK Innovator Visa entitles you to passport-free travel throughout the Common Travel Area (CTA) of the UK and the Republic of Ireland. Learn more about your UK Innovator Visa investment options below, or get in touch with our team of specialists today.
Applicants must fulfil the following UK residency requirements:
To fulfil the UK Innovator Visa requirements for permanent residence, you must satisfy at least two of the following seven achievements by the end of the third year of business activity:
1. At least £50,000 has been invested into the business and has been actively spent furthering the business plan outlined in the applicant’s previous endorsement.
2. The business has engaged in significant research and development activity and has applied for intellectual property (IP) protection in the UK.
3. The business has generated a minimum annual revenue of £1 million.
4. The business has generated a minimum annual revenue of £500,000, with at least £100,000 from exporting overseas.
5. The business has created at least ten full-time jobs.
6. The business has created at least five full-time jobs that have a gross annual salary of at least £25,000 a year (gross pay, excluding any expenses)
7. The number of the business’ customers has at least doubled within the most recent three years and is currently higher than the mean number of customers for other UK businesses offering comparable products or services.