Westkin Associates

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UK Tier 1 Innovator Visa Guidance

The UK Innovator Visa allows individuals to move to the UK for the purpose of setting up innovative and unique businesses.

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About this service

Our Innovator Visa Services

Individuals applying for the Innovator Visa must have a unique business idea and a fully considered business plan which has been endorsed by an approved body. Once you have gained an Innovator Visa, you can stay in the UK for up to three years before extending or switching.

Clients benefit from a top-class service at a fixed fee, meaning that all of our prices are transparent and upfront, helping your company budget accordingly for the legal fees.

After 5 years, applicants can apply for settlement.

Allows you to bring dependents under the age of 18, and spouse or partner to the UK.

Dependents under the age of 18 entitled to free UK education.

Westkin has been an incredible help to our company. We have used their services to help start up a UK office with US employees on assignment, and their professionalism, prompt responses, and genuine desire to help has been fantastic.

Meet our UK Tier 1 Innovator Visa Guidance Team

Further detail

Detailed information about our Innovator Visa service

The Innovator visa requires applicants to submit a business plan and other supporting documents in order for them to be endorsed. The endorsement will be from a business sponsor and is mandatory for all applicants.

It is a competitive field, and some applicants find the endorsement requirements difficult, however, our team of Innovator Visa lawyers are very familiar with the UK endorsing bodies, and can provide you with insightful evidence for your application.

When assessing whether to grant your Innovator Visa application, the Home Office and endorsing bodies will look to ensure that your business plan hits three key criteria. It is essential that individuals are able to prove that their business meets these if they want to successfully have their visa approved.

Innovation – Endorsing bodies assess whether the business products, marketing or branding displays innovation. Business plans should show that they’re bringing something new to the UK market, whether this is a new, inventive product, or a service not seen before in the UK.

Viability – Your business plan will also need to show that your business idea is viable. Essentially, this means careful assessment of whether the business will be able to provide the product or service in question, and whether it will be able to maintain cash flow until profitability. It is unlikely that a business plan that does not have a clear route to profitability will be accepted.

Scalability – this is relevant to start-ups most of all – business plans will need to have clear goals to scale. This is relatively easy for tech companies who are built to scale up from the outset.

The Application process for a Tier 1 Innovator Visa includes three stages. These are:

You must be able to prove that you meet the financial requirements for this visa. Applicants must provide evidence that they have had at least £1,270 in their bank account for 28 consecutive days before applying for the visa.

You must be able to show that you have the necessary investment funds for the Innovator Visa. Individuals setting up a new business in the UK must have at least £50,000 of investment funds.

Your business must be endorsed by an approved endorsing body in the UK. To gain this endorsement, you need to present a well-considered and viable business plan.

Our team of Innovator Visa lawyers have assisted a number of applicants in creating their business plans, and evidencing their investment funds for the Innovator Visa. Our team are experienced in creating business plans across a variety of sectors, and we have valuable insight on which endorsing bodies will be right for each applicant.

For information on how we can help you with your UK Innovator Visa application, please get in touch.

FAQS

Your frequently asked questions

Yes, this category is open to all nationalities and is specifically designed for those who are seeking to start or expand their business into the UK, so long as that business is innovative in its nature.
There is no set definition although clearly business within the tech field are favoured. In typical terms our lawyers can advise on which aspects of your business idea will potentially qualify as innovative.
This is decided by Home Office approved endorsers. Working with you, we prepare a business plan which seeks to show endorsers that your plan has true innovation behind it.
This visa does not require a minimum level of investment, it can leave to indefinite leave within 3 years and allows for spouse and family to come to the UK, so is very popular amongst our clients.
Yes, although technology businesses are clearly favoured, innovation outside of the technology sector will still be considered and we have experience advising in all sectors.

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Had a fantasic experience! Very kind, professional, and communicative. As I had experienced a few law firms, I would definitely fefer this one to my friends and family and highly recommend to anyone.

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28 March

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