Skip to main content
THE CITIZENSHIP DESK

UK Innovator Founder Visa

United Kingdom GBR

Last verified 2026-04-20Official source

The UK Innovator Founder Visa replaced the Innovator Visa in April 2023, removing the previous £50,000 minimum investment requirement. Applicants must have an innovative, viable, and scalable business idea endorsed by an approved endorsing body. Settlement (Indefinite Leave to Remain) can be sought after three years if the business has achieved prescribed milestones.

Program Details

Category
Entrepreneur
Processing Time
2 months
Application Fee
$1,490
Minimum Income
Minimum Investment
Family Included
Dependant partner and children may be included; each requires a separate application and fee
Path to PR
Yes — 3 years
Path to Citizenship
Yes — 6 years
Physical Presence
Must not be absent from the UK for more than 180 days in any 12-month period; must actively develop the endorsed business
Dual Citizenship
Allowed
Tax Impact
Business income is subject to UK corporation tax and founders are liable for income tax on salaries or dividends drawn. The UK has no minimum investment requirement for this route, but tax residency applies from arrival.
Renewal Cost
$1,490

Application Timeline

Apply

2mo processing

Visa Granted

Initial permit

Permanent Residency

After 3 years

Citizenship

After 6 years

Key Requirements

  • Endorsement from a Home Office-approved endorsing body confirming the business idea is innovative, viable, and scalable
  • No minimum personal investment required (as of April 2023)
  • Applicant must be a founder or co-founder of the business
  • English language proficiency (B2 CEFR or equivalent)
  • Sufficient personal savings (£1,270 held for 28 consecutive days)
  • Business must be new or not previously traded in the UK

Am I eligible for UK Innovator Founder Visa?

Quick self-check based on the published criteria. Not legal advice. No data leaves your browser.

Fill in the fields above to see a verdict.

This is a heuristic, not a determination. Final eligibility depends on full documentation and immigration-officer discretion.

Application Process — Step by Step

  1. 01

    Secure endorsement from approved endorsing body

    home country

    Endorsement from Home Office-approved body for an innovative, viable, scalable UK business. Minimum investment requirement removed in April 2023.

    Typical duration: 4-12 weekssource ↗

  2. 02

    Apply for visa

    home country

    Submit via gov.uk. Pay fee + IHS. Biometrics.

    Typical duration: 3-8 weeks

  3. 03

    Receive visa + travel to UK

    home country

    3-year visa granted if approved.

    Typical duration: 3 weeks

  4. 04

    Establish and operate the endorsed business

    destination

    Must actively operate the UK business; endorsing body conducts 12-month and 24-month check-ins.

    Typical duration: Ongoing

Documents Required

DocumentIssued ByApostilleTranslate toValidity (days)
Valid passportHome countryNo180
Endorsement letterApproved endorsing bodyNo90
Business plan (detailed)ApplicantNo
English B2+ proofTest provider or English-medium degreeNo

Realistic Costs

Some figures below are industry estimates rather than officially verified: lawyer_fee_low, lawyer_fee_high, relocation_misc, total_first_year_low, total_first_year_high, total_5_year_low, total_5_year_high.

Government fee
$1,700
Lawyer fee (low–high)
$2,000
$12,000
Translations
$0
Apostilles
$0
Health insurance (year 1)
$0
Relocation misc.
$3,500
Total first year
$7,000
$20,000
Total 5-year
$20,000
$50,000

Endorsement fee £1,000+. Lawyers often essential for business plan + endorsement. Excludes actual business capital.

Realistic Timeline

  • Consulate wait26 weeks
  • Decision → arrival1 weeks
  • Residence card issuance2 weeks
  • Total to residence card511 weeks

Renewal

First renewal after
36 months
Subsequent cycle
60 months
Renewal fee
$1,700
Requirements
Business operational; endorsement maintained; applicant still active founder.

Path to Permanent Residency — Details

Years required
3
Max days absent / year
180
Language test
Required (B2)
Integration test
Required

Path to Citizenship — Details

Years required
4
Language test
Yes (B1)
Civic test
Required
Oath
Required
Dual citizenship
Allowed

Tax Residency

Trigger
183 days/year of presence
Taxation scope
Worldwide income
Exit-tax country
No

Special regimes

  • FIG RegimeForeign income/gains exempt 4 years

    Not UK tax resident previous 10 years

    Duration: 4 years

    source ↗

Health Insurance

Mandatory
No
Public system access
After 0 months

Examples: NHS via IHS

Family Specifics

Spouse work rights
Spouse: unrestricted work rights
Child school enrolment
UK state + international schools
Parent inclusion
Not eligible
Sibling inclusion
Not eligible

Gotchas — Things to Watch For

  • Minimum investment removed in April 2023 (was £50k) but business plan scrutiny intensified
  • Endorsement body relationship ongoing — 12/24 month checks can end visa
  • Business must be innovative AND viable AND scalable — all three

What This Visa Does NOT Allow

  • ×Employment outside the endorsed business (beyond permitted supplementary work)

Common Rejection Reasons

  • Business plan not demonstrating innovation, viability, scalability
  • Endorsing body skeptical of founder capacity
  • Inadequate market research

Recent Legislative Changes

  • 2023-04-13

    £50,000 minimum investment requirement removed. Replaced with stricter "innovative, viable, scalable" business plan assessment.source ↗

Frequently Asked Questions

Do I still need £50,000 to apply?+

No. The minimum investment requirement was removed in April 2023. However, the business plan must clearly demonstrate funding adequate to execute the plan — typically this means having access to operational capital even if not a specific threshold.

What happens at the 12 and 24-month check-ins?+

Your endorsing body reviews whether the business is progressing as planned. They can withdraw endorsement if progress is inadequate, which ends the visa.

Good Fit For

Applying from a specific country? Your home-country tax rules, banking access, and dual-citizenship options affect every programme differently. Browse nationality guides → for tax obligations, renunciation rules, and second-passport routes.

Related Guides

entrepreneurstartupbusinessinnovationeuropeuk