Rank #28
United Kingdom
Northern Europe • UTC+1 • Europe/LondonMonthly Cost
$1,998
-9% vs USA
Internet
128 Mbps
Mobile Avg
Monthly Cost
$1,998
-9% vs USA
Internet
128 Mbps
Mobile Avg
Innovator Visa
For experienced businesspersons seeking to establish a business in the UK. Requires an innovative, viable, and scalable business idea.
Min. Income
£50,000 investment
Per Applicant
Processing
3–8 Weeks
Average Time
Validity
3 Years
Initial / Renewable
Citizenship
6 Years
Years to Apply
Eligibility & Required Docs
Eligibility Requirements
Endorsement by an approved body- Innovative business idea
- Sufficient investment funds
Required Documents
- Endorsement letter
- Business plan
- Proof of investment funds
- Valid passport
Residency Rules
Taxation
Residents are taxed on their worldwide income. Non-residents are taxed only on UK-source income.
Physical Presence
Must not spend more than 180 days outside the UK in any 12-month period to maintain residency.
Advantages
- Opportunity to establish a business in the UK
- Pathway to permanent residency
- Access to UK markets
Disadvantages
- High investment requirement
- Need for a viable business plan
- Limited to endorsed business ideas
Compare with
CanadaStart-Up Visa
AustraliaBusiness Innovation and Investment Visa
IrelandStart-Up Entrepreneur Programme