The Innovator Visa program is a highly sought-after UK visa program that targets entrepreneurs aiming to launch a new business or relocate an existing one to the UK. Applicants must present a pioneering, financially viable, and scalable business concept, coupled with a minimum investment of £50,000 from an accredited source.

To qualify for the Innovator Visa, applicants must satisfy the eligibility criteria and successfully pass a genuine entrepreneur test. A comprehensive business plan, along with an endorsement from an approved endorsing body, is also mandatory. The endorsing body will evaluate the feasibility of the business proposal and the applicant’s ability to execute it.

Successful Innovator Visa applicants will receive a maximum of three years to stay in the UK. After the initial period, applicants may extend their visa or seek settlement in the UK. Additionally, visa holders may pursue work or educational opportunities within the country while being permitted to bring their family members along.

It’s worth noting that the Innovator Visa program is industry agnostic. As long as the business idea presents innovative, scalable, and viable prospects, entrepreneurs from diverse sectors are eligible to apply for this visa.