The Innovator Founder Visa route is for a person seeking to establish a business in the UK based on an innovative, viable and scalable business idea they have generated, or to which they have significantly contributed.
The fees include the Application Fee and Healthcare surcharge fee.
If you’re switching to this visa within the UK, you also need to pay £19.20 to have your biometric information (fingerprints and a photo) taken.
The fees for your dependants are the same.
Who you’re applying for
Apply (outside the UK)
Extend or switch (in the UK)
Applicant's partner and children
£1,191 each person
£1,486 each person
Healthcare surcharge: £624 per year
After submitting your online application, normally you’ll get a decision within 3 weeks if you’re outside the UK, and 8 weeks if you’re inside the UK.
Endorsement for an Innovator Founder visa
An approved endorsing body must be satisfied that your business plan satisfies all of the following requirements in order for it to be endorsed:
Home Office has published a list of endorsing bodies that can issue endorsements letters:
The Legacy Innovator Endorsing Bodies no longer accept new Start-up/Innovator applications but are authorised to continue maintaining and monitoring their existing endorsed migrants. Click here to find a list of Legacy Innovator Endorsing Bodies.
You’re required to have at least two contact point meetings with your endorsing body at regular intervals under the Innovator Founder Visa. A contact point meeting refers to a mandatory meeting between the visa holder and their endorsing body. The purpose of these meetings is to provide guidance, support and advice to the visa holder and to ensure that they are progressing in their business as planned. Failure to attend these meetings can result in the cancellation of the visa.
You can do work outside your business, as long as it’s ‘skilled work’, the second job must be either on the skilled worker eligible occupation list or a job that is at RQF 3 level or above. However, you can not work as a professional sportsperson.
If your Innovator Founder Visa application is sucessful, you will be granted permission of stay for a maximum of 3 years.
Yes, the Innovator Founder route is a route to settlement. Time spent under the Innovator Founder Visa route will count for UK Settlement, you can apply for indefinite leave to remain.
There are two main differences between Innovator Founder Visa and the Innovator Visa.
Previously, the Innovator Visa route required a £50,000 investment found and does not allow you to do any work outside of your business or employed by another business.
The new Innovator Founder Visa has removed the of £50,000 investment funds requirement. It will also allow you to take additional work apart from your business, giving you the flexibility to earn extra income. However, the additional job must be at least RQF level 3.
At WorkPermitCloud, we have a dedicated team to assist with you in your visa applications. We also offer professional immigration advice regulated by Office of the Immigration Services Commissioner (OISC). We have a dedicated team to assist you with the visa application process. Our professional immigration advisers can assist you throughout your journey to maximise the probability of success on your visa application. We make sure your immigration and visa applications are processed correctly and your journey is seamless.
Book our professional Immigration service at firstname.lastname@example.org
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