December 10th, 2022 at 03:33 pm

INVEST AND SETTLE IN THE UK

The UK has opened its doors to allow investors and company owners to establish themselves there and settle. The UK Innovator Visa category is often reserved for seasoned entrepreneurs starting up creative businesses.

You have a maximum stay of five years and four months in the UK with your family if you have this visa. After spending five years in the UK, you can apply for permanent settlement (Indefinite Leave to Remain).

BENEFITS OF A UK INNOVATOR VISA

• Low initial investment, say £50,000
• live with your family for three years in the UK.
• Get a two-year extension on your visa
• Access UK educational and medical advantages
• Simple and speedy processing

ELIGIBILITY FOR UK INNOVATOR VISA

You must pass a point-based test in order to go to the UK on an innovator visa. The necessary points are determined by investment funds, language proficiency, and maintenance funds. To further split down these three conditions:

• Have a creative idea for a business or product sponsored by a reputable organization.
• You are not a citizen of Switzerland or the European Economic Area (EEA).
• possess investment capital of at least £50,000 to put into the prospective business
• satisfies all other criteria for eligibility.

Other eligibility requirements

• Along with having a large amount of business experience and education, entrepreneurs must also meet the following requirements:
• To participate, you must be at least 18 years old.
• Your company plan needs to be accepted.
• You need to have a solid business plan.
• the capacity to take care of oneself and dependents.
• B2 level proficiency in English communication.
• You need to be in good physical shape.
• no prior criminal history

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