The UK Innovator Founder Visa is for entrepreneurs who want to start an innovative business in the UK. This visa replaced the previous Innovator and Start-up visas in April 2023. It focuses on supporting business ideas that are new, different, and have the potential to grow and make an impact in the UK economy. No set investment amount is required, but applicants need endorsement from an approved organization.
To apply for the visa, your business idea must meet these criteria
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You’ll need to meet with your endorsing body twice during your visa period (usually at 12 and 24 months) to show progress.
    These fees are per person, so if you’re applying with dependents (like a spouse or children), you’ll pay this amount for each applicant.
    For example, if your visa is granted for 3 years, you’ll pay:
    £1,035 × 3 = £3,105
If you’re coming to the UK on the Innovator Founder visa, you can bring your close family members with you. This includes:
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Each dependent must:
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Financial requirement (in addition to the main applicant’s £1,270):
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These funds must have been in your (or your dependents’) bank account for 28 consecutive days before applying.
One of the key benefits of the Innovator Founder visa is that it offers a clear path to permanent residency (also called Indefinite Leave to Remain – ILR) in the UK.
Yes — your partner and children can also apply for ILR after 5 continuous years of living in the UK, as long as they meet the residency and other eligibility rules.
Once you have Indefinite Leave to Remain
eMigr8 is committed to supporting your personal and professional journey with a diverse range of services. From talent development and coaching programmes to startup builder initiatives like LABs by Bincom and tech-enabled visa packages, we are dedicated to helping you achieve your goals and ambitions. Contact us today to explore how we can assist you in reaching new heights in your endeavours.
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