The Home Office reports that it has temporarily suspended accepting new endorsing bodies to its approved list. This status is usually given to organisations that issue endorsement letters to applicants of Innovator and Start-Up visas.
Experts say that it is linked to a reform announced by the Home Office. In fact, the authorities are interested in attracting highly qualified specialists and successful entrepreneurs, so they do their best to make their country a more attractive destination. For instance, there are some amendments to Innovator visa requirements. The British authorities consider the following changes:
As a rule, an applicant for an Innovator visa needs to prove their experience and business success, high demand for their products or services as well as competitive advantages that will allow them to become a leader in their field. A business must also be innovative and use cutting-edge technologies. However, these criteria might be excluded from the list of requirements and the only criterion would be a general contribution to the national economy.
Besides, British authorities are not going to increase the amount of investment required for the Innovator visa. Now it is £50,000 which is much less than the amount necessary for the Investor visa, £2,000,000. However, at the same time, it will be you developing your business while an investor might simply buy shares without managing the company.
Interestingly, the Innovator visa requirements were not developed by the Home Office but by the BEIS, Department for Business, Energy and Industrial Strategy. That means that it is regarded as a part of the global economic development of the country, rather than an immigration case alone.
The BEIS and the Home Office announced plans to introduce new High Potential Individual and Scale-up visa routes. It might be similar to the Global Talent route but will be more flexible if an applicant appears to have high potential.
Our experts are monitoring the situation and will provide you with information about the Innovator visa as well as other opportunities to live and work in the UK. If you plan to relocate to Great Britain permanently or temporarily, feel free to book a consultation with our specialists, they will help you to create a plan and find the best solution.
We will work with you to find a customised solution for your immigration, second citizenship, business, tax and other needs.
Extend your Entrepreneur visa
Visa for entrepreneurs
One of our qualified advisors will get back to you today or next business day.
Questions or comments*
How did you hear about us?*SelectSomeone referred me to Imperial & LegalOnline search (Google, Bing, etc.)I read an articleI have seen an advertisementI attended an eventSocial network (Facebook, Twitter, etc.)
One of our qualified advisors will get back to you today or next business day
Наш специалист ответит вам сегодня или на следующий рабочий день.
Как вы о нас узнали?*ВыбратьПо рекомендацииИнтернет (Google, Yandex, др.)СтатьяРекламаНа мероприятииСоциальные сети
Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности.
Наш специалист свяжется с вами сегодня или на следующий рабочий день.
One of our qualified advisors will call you back today or next business day.
Заполните форму ниже для записи на консультацию. Мы перезвоним и подтвердим вашу запись
Тип консультации*ВыбратьВ нашем офисеЗвонок SkypeТелефонный звонокWhatsApp или Telegram
Please fill the form below to make an appointment. We will contact you back to confirm your consultation.
Type of consultation*SelectIn our officeSkype callPhone callWhatsApp or Telegram