United Kingdom
The UK has historically been a major global power, both economically and politically. London, recognized as the financial capital of the world, provides a dynamic international business environment. Additionally, the UK is celebrated for its top-tier educational institutions and its welcoming, multicultural society. This combination of economic prowess and cultural richness makes the UK a prime destination for professionals and students alike.
Residence by Investment Overview
The Innovator Founder Visa is designed for individuals with relevant business experience who are looking to establish a new, expanding business in the UK. To be eligible, applicants must show they have adequate funds to invest in and develop their business, and must present a business plan that has been endorsed and approved by the Home Office.
Investment
Innovative, Scaling business
Processing Time
One to eight weeks from submission of the application to approval
Key Benefit
The right to live, work, and study anywhere in the United Kingdom
UK Innovator Founder Visa
The Innovator Founder Visa targets individuals with relevant business experience and the necessary funds to start and expand a new business in the UK. Prior to applying, the business or idea must be reviewed by a Home Office–approved endorsing body, which will evaluate its potential and, if approved, issue an endorsement letter for the application.
Those who are approved receive a three-year visa and can bring their family members to the UK. After this period, they may apply to extend their stay for another three years or seek permanent residency through indefinite leave to remain (ILR). Each phase of the process—initial application, extension, and settlement—requires endorsement from an approved body.
Benefits of the UK Innovator Founder Program
Residence permits are obtainable within three weeks.
Permanent residency can be achieved after three years.
The business environment is internationally oriented.
There is a favorable tax system for individuals who are residents but not domiciled.
Direct international flight connections to most major global cities
Procedures and time frame of the UAE golden visa
To apply for UAE residence, individuals must submit completed application forms along with the required fees and supporting documents. The Golden Residence visa is valid for 10 years and can be renewed upon expiration. Holding the visa while residing outside the UAE does not invalidate it, but investments must be maintained for a minimum of three years.
After completing the initial due diligence checks and paying the retainer, the application for UAE residence can be submitted to the government. Upon meeting the requirements and receiving initial approval, the applicant is issued a six-month multiple-entry visa to travel to the UAE, where they must apply for an ID card and undergo a medical examination. Full approval will then be granted, and the residence visa will be issued.
The entire process typically takes more than eight weeks.
Be at least 18 years of age
Have a new and viable business idea with a potential for growth, supported by an endorsement letter from an approved endorsing body
Demonstrate sufficient investment funds to set up and grow their business
Be the sole or an instrumental member of the business's founding team
Have the ability to speak English according to CEFR intermediate Level B2
The new business must meet the following three criteria:
Innovation: An original, genuine business plan that meets new or existing market needs and/or creates a competitive advantage
Viability: A realistic and achievable business plan, based on the available resources. Applicants must have, or be actively developing, the necessary skills, knowledge, experience, and market awareness to successfully run their business
Scalability: Evidence of structured planning and potential for job creation and growth into national and international markets
Procedures and time frame of the UAE golden visa
The completed application and required documents must be submitted to the diplomatic post in the applicant's country of residence. The processing time can vary depending on the embassy but generally takes between one and eight weeks for approval.
After the initial three-year period, the main applicant must apply for a 'stay extension' from within the UK. If all criteria are met, the authorities will grant a three-year extension. Following this, and after spending at least five years in the UK with Indefinite Leave to Remain (ILR) in the final 12 months, the applicant may apply for British citizenship.
Business owners are allowed to pursue secondary employment in the country, provided it is in a skilled labor role.
For comprehensive details on the Innovator Founder Visa, visit the Home Office website. This information is provided for informational purposes only and is not intended as immigration advice.
United Kingdom residence by investment program frequently asked questions
What is the United Kingdom residence by investment program?
The United Kingdom residence by investment program, known as the UK Innovator Founder Program, grants residence to individuals and their families in exchange for significant, innovative and scaling business creation.
What are the investment options available for the UK Innovator Founder Program?
The investment requires a viable, endorsed business idea and sufficient investment funds. They must be key members of the founding team and meet criteria for innovation, viability, and scalability in their business plan.
What are the benefits of obtaining UK residence through investment?
Benefits include the right to live, work, and study in the UK, visa-free travel to many countries, and access to an international business environment and world-class healthcare and education.
What is the minimum investment required for the UK Innovator Founder Program?
There is no minimum investment, but the investor must have the required funds to create an innovative and scalable business.
How long does it take to process an application for the UK Innovator Founder Program?
The processing time is approximately one to eight weeks.
Can family members be included in the UK Innovator Founder Program application?
Yes, the main applicant can include their spouse, dependent children, and dependent parents in the application.
What are the residence requirements for the UK Innovator Founder Program?
Applicants must reside in the UK for at least three years, with absences not exceeding 180 days in any 12-month period to maintain their residence status.
What documents are required for the UK Innovator Founder Program application?
Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.
Is it possible to obtain UK citizenship through the residence by investment program?
Yes, after maintaining residence for five years, investors may be eligible to apply for UK citizenship.
What is the process for applying to the UK Innovator Founder Program?
The business idea must be assessed by an endorsing body before applying to the Home Office. Applicants must then submit the application with the necessary documents and undergo a due diligence process.
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