UK BUSINESS VISASTART-uP VISA
UK start-up Visa
Launch your Start-up Business in the UK
Start-up Visas are for people seeking to establish a new business in the UK for the first time. High potential entrepreneurs who have an innovative, viable, and scalable business idea can apply for this visa. To qualify for this visa, applicants must first obtain an endorsement letter from an approved endorsing body, confirming that the business is viable. The business idea may relate to any sector, provided the business idea is sufficiently innovative, viable and scalable. However, if you are looking to join an existing business, then the Start-up Visa is not an appropriate immigration route. You will be permitted to undertake employment, other than working for the business that you have established.
There is no minimum investment required for this visa.
You’ll usually get a decision on your visa within three weeks if you apply from outside the UK. However, the whole pre-application process will take longer because you must have a business plan that is approved by an endorsing body before applying for your visa.
Requirements for a Start-up Visa
Start-up Visa applicants do not need any initial capital investment. However, all applicants for entry clearance must have a business plan endorsed by an approved endorsing body. You need not be the sole founder of the business and maybe a member of a Start-up team but each applicant must receive their own endorsement letter from an approved endorsing body.
You must be at least 18 years of age.
Have an endorsement letter issued by the endorsing body.
Have a sufficient amount of personal savings to support yourself while you are in the UK.
Meet the English language requirement.
Clean criminal record.
We’ll connect you to potential UK partners and teams to develop your new business.
How long can you stay in the UK?
Your initial UK Start-up Visa will be valid for two years. You cannot apply to extend this visa any further. You can switch from the Start-up Visa to other UK visa categories. Start-up Visa holders are not eligible for settlement.
Minimum requirements for Endorsing Body acceptance
You have a genuine, original business plan that meets new or existing market needs and/or creates a competitive advantage.
You have or are actively developing, the necessary skills, knowledge, experience and market awareness to successfully run the business.
Your business plan has the potential for job creation and growth into national markets.
The UK: A Great Place to do Business
If you have a new business concept, then the UK is one of the best countries in the world to launch it from: manageable business barriers and regulations; pro-business government that provide start-up assistance and funds; skilled-workforce pool; strong infrastructure; and much more.
GLOBALVISTA will provide you with expert informed advice on securing government assistance for your new business idea.