What is the reason for the popularity of the UK Innovator Visa?

Hello, glad to answer for you.

The UK Innovation Work Permit is a new visa introduced on March 29, 2019, for those who come to the UK to start a business, similar to the previous UK Entrepreneur Extraordinary Talent, the company's capital has dropped to 0 or 50,000 pounds, but requires the endorsement of the endorser.

As long as you really want to start a business in the UK, you can apply if you have certain business ideas and professional skills, such as: software and hardware, digital science, artificial intelligence, cybersecurity, senior front-end development, operating system, biotechnology, agricultural equipment, biological genes and other related skills. Ideal for applicants with innovative ideas.

Hope mine is helpful to you, hope!

The UK is widely favored by immigrant investors from all over the world for its world-renowned high-quality education, its status as a European financial center, its fair, open and transparent business environment, and its comprehensive welfare and health care system.

1. The requirements are simple, IELTS score, investment of 50,000 pounds, and you can directly apply for permanent residence in the UK after 3 years if you meet the conditions, which greatly reduces the waiting time for permanent residence application.

2. Increase the endorsement agency for professional control, and the risk is low.

3. The policy is loose (newly launched in March 2019) ** period, which is approved quickly and has a high success rate.

4. Families with children can also fast-track entry to the UK to enjoy free education, and the whole family can enjoy the benefits of a big country.

The UK Innovator visa was officially released on March 29, requiring the main applicant to invest at least £50,000 to set up a new company to operate independently, or to partner with an existing UK business to set up a new company and operate, the specific application conditions are as follows:

1.Be at least 18 years old, have no criminal record, and have no tuberculosis.

2.The main applicant invests at least £50,000 to set up a new company to operate independently, or to set up a new company in partnership with an existing UK business.

3.The investment in the company is guaranteed by ** or endorsingbody.

4.English IELTS score or English country bachelor's degree or above.

5.Living Deposit: £945 for the main applicant and £630 for each accompanying spouse and children, with a deposit of 3 months prior to submission.

The UK Innovator Visa is a residency by investment program. It enables experienced businessmen to start and live in the UK with viable 'innovative' business ideas. Since its introduction, this policy has attracted the attention of foreigners.

What are the advantages of the UK Innovator Visa? Do you know what are the advantages of the UK Innovative Visa?

Do you know what are the advantages of the UK Innovative Visa?

1. The UK is one of the countries with the highest standard of living in the world, is a member of the G7, and can legally live there;

2.access to a high standard of education and health care;

3. Access to business opportunities throughout Europe: The UK is located in Europe and has a developed economy, so foreigners can obtain business opportunities throughout Europe;

4.Gain status with your family. Family members mainly include: partners; Children under 18 years of age; Children over the age of 18 who are currently in the UK as dependents.

5.Apply for Indefinite Leave to Remain or apply to become a permanent resident of the UK. Permanent residents can live and work in the UK without any restrictions and apply for citizenship after holding permanent leave to remain for at least 1 year and meeting the residency requirements.

6.Low investment, the minimum investment for the Innovation visa is only £50,000, compared to the previous T1 Entrepreneur visa start-up capital of £200,000, which greatly lowers the investment threshold.

7.For more flexible investment purposes, the bill provides 2 of the 7 solutions for the start-up section, which can be chosen at will, and is diverse and flexible.

8.The introduction of an advocacy agency reduces the risk of being denied visas as the Home Office does not have the commercial expertise to assess the feasibility and potential of these projects, as compared to the previous assessment of the Tier 1 Entrepreneur visa, which was undertaken by the Home Office. The assessment of the guarantee agency is more professional and efficient, which is conducive to avoiding the previous unreasonable refusal.

The professional guidance of the sponsor agency will also help the applicant to reduce the investment risk.

9.The application period and permanent residency time are shortened, and the approval can be obtained in 4-6 months, and the green card can be transferred within 3 years if eligible, and investors can have more flexibility to control the way they obtain a green card. Compared to the previous entrepreneur immigration application cycle (an average of 5 years to apply for permanent residence), the time is significantly shorter.

For investors who are concerned about the time of entry and exit supervision, the innovation visa is more convenient and faster.

The first is that the pass rate of immigration is higher, the second is that the cost of immigration is less, and the third is that immigration requires fewer procedures and is faster!

It can shorten the application time for you to change to permanent residence, and the review time is relatively reasonable.

The amount of investment required is very small, and there are many benefits to be gained from business opportunities in Europe.

Legal Analysis:1The applicant has at least £50,000 of the investment funds from the source for the purpose of a business investment (including the portion that has actually been invested): the funds may come from the applicant himself/herself, a third party individual or a third party institution;

2.To be sponsored by a sponsor, the business plan must meet the three requirements of innovation, feasibility and scalability (except if the applicant previously holds a Tier 1 Graduate Entrepreneur visa) and meet other specific requirements of the sponsoring agency;

3.IELTS overall score not less than a single score) or a bachelor's degree or master's degree or above from an English-speaking country;

4.Living expenses: The applicant has a minimum of £945 or its equivalent in subsistence funds that have been held in the applicant's account for 90 days.

Legal Basis: Article 9 of the Law of the People's Republic of China on the Administration of Exit and Entry shall apply for passports or other travel documents in accordance with the law.

Chinese citizens traveling to other countries or regions also need to obtain visas or other entry permits from the countries they are travelling to. However, except for the mutual visa exemption agreements signed by China and other countries, or as otherwise stipulated by the Ministry of Public Security or others.

Chinese citizens who leave or enter China as seafarers and work on foreign ships shall apply for seafarers' certificates in accordance with the law.

1.Invest at least £50,000 in a business that actively invests in a business plan that pushes radical endorsementbody.

2.The number of corporate customers has at least doubled in the last 3 years and is higher than the average number of customers of other UK companies.

3.Among the businesses that have obtained endorsements, there are significant R&D and patent intellectual property protection has been applied.

4.The company's business had an annual turnover of at least £1 million in the final financial year.

5.The company's business had an annual turnover of at least £500,000 in its final financial year, of which at least £100,000 came from exports overseas.

6.The company creates at least 10 local jobs. Big pie.

7.The company creates at least 5 local jobs and has an annual wage of at least £25,000.

【Part 1】Who is suitable for the UK Innovative Migration Visa?

Firstly, the applicant must be at least 18 years old and meet the following conditions to apply for the Innovator Visa:

1.Want to set up or run a business in the UK.

2.From countries outside the European Economic Area (EEA) and Switzerland.

3.The business plan or business idea has been endorsed by Slip Wide Structure and has provided you with a letter of endorsement.

4.Have a minimum of £50,000 invested capital. If the company has already been established and has been approved for a previous UK Innovator Visa start-upvisa, no capital is required.

5.Meet the English language requirements (reading, writing, listening and speaking skills at CEFRB2 level or above, equivalent to IELTS score or above), or have an English language study degree, which must be recognized by NARIC as one of the equivalent of a bachelor's, master's or doctoral degree in the UK.

6.Be able to prove that you have sufficient personal savings in the UK to support yourself (the applicant must have at least £945 in the applicant's bank account for 90 consecutive days. The certificate of continuous deposit cannot come from your £50,000 investment funds, i.e. additional money is required to deposit; And if several people apply, each person must issue a separate certificate of deposit, and if the applicant brings additional family members, the family members must also issue a separate certificate of deposit for each person, and the money earned by working legally in the UK.

The UK Innovation Visa can be applied for by partners, but team members cannot enjoy the 50,000 pounds investment fund, that is, if there are 2 people in the team who apply for the Innovation Visa, then each person needs to provide 50,000 pounds of investment funds, a total of 100,000 pounds. In addition, the funds can come from any, that is, they can come from investors, parents, and so on. For international students in the UK, who can't find a job with a T2 visa that they like or are suitable for after graduation, but have a very good business idea, they may wish to consider taking the UK start-up visa to achieve their goal of staying in the UK.

【Part 2】Extended reading: UK Chief Representative Visa

The UK Chief Representative visa is a visa required for companies outside the UK to appoint an officer or shareholder of the company to set up a branch or wholly owned subsidiary in the UK.

Applicants:1be employed by a company and allow Huai to open a branch or subsidiary in the UK on behalf of the company;

2.Served as a shareholder or executive of the parent company for at least 1 year;

3.Pass the IELTS Life Skill A1 Preliminary Test;

4.Pass the tuberculosis medical examination and provide a police clearance certificate;

Parent company: 1The company has been established for more than 1 year;

2.In the past 1 year, the tax turnover reached 5 million RMB;

3.There are 10 full-time employees.

There is no investment amount, number of employees and no interview to be conducted for this UK visa. You can bring your family members, including your spouse and children under the age of 18 at the time of application, and you can apply for indefinite leave to remain in the UK after holding a visa for 5 years.

1. Innovator visa.

Innovator visa applicants need to be at least 18 years old. Successful applicants will be granted a visa valid for three years, which can be extended for multiple periods of three years thereafter. There is no maximum length limit for visas in this category.

Anyone who previously had one of the following types of visas could apply for an Innovator visa: Start-up visa, Tier 1 (Graduate Entrepreneur), Tier 1 (Entrepreneur), Tier 2 (Work visa), and prospective entrepreneurs who were on a visitor visa but were allowed to do business in the UK.

1. Specific application conditions for the UK Innovator Visa:

1.Provide an authentic and original business plan that meets the needs of emerging or existing markets and has a competitive advantage.

2.Already possess the necessary skills, knowledge or experience and market awareness.

3.Demonstrate evidence that there is a business plan in place and that it has the potential to create jobs.

If the innovator is starting a new business, they need to invest at least £50,000 in the business. This money can include money that has already been invested in the business.

Proof of investment is not required if the organisation providing the endorsement to the applicant determines in the endorsement letter that the applicant has at least £50,000 or has invested £50,000 in the business.

If the institution providing the accreditation to the applicant does not identify the issue of funding in the endorsement letter, the applicant will still need to provide proof of funding.

2. The conditions that need to be met to apply for settlement.

Innovator visa holders applying for settlement must meet at least two of the following conditions:

1.Invest at least £50,000 in the business and continue to invest in the previously evaluated business plan.

2.In the last three years, the business has at least doubled the number of customers and has more customers than similar businesses in the UK on average.

3.The applicant's business is involved in research and development activities and has applied for IP protection in the UK.

4.The applicant's business has generated a turnover of at least £1 million over the past year.

5.The business started by the applicant has generated a turnover of at least £500,000 over the course of the past year, of which at least £100,000 has been derived from export earnings.

6.The applicant's business has created the equivalent of at least 10 full-time jobs for workers in the UK.

7.The applicant has started a business that creates the equivalent of at least five full-time jobs for workers in the UK, and the average salary for these jobs is at least £10,000 a year.

3. Language requirements.

1. Applicants need to have a B2 level of English proficiency.

2. If the applicant is from a non-native English speaking country, the materials required to provide proof of language proficiency include: have a British undergraduate, graduate or doctoral degree taught in English, or have a qualification certificate that meets or exceeds the language requirements of a British undergraduate degree.

3. The supporting documents must be issued by an academic institution in the UK, and the qualification needs to be confirmed by UK Naric to meet or exceed the requirements of an undergraduate degree in the UK.