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UK Innovator Founder Visa

The Innovator Founder Visa is a leading UK immigration route for entrepreneurs looking to build innovative businesses in the UK. It offers a fast track to permanent residency and removes the previous £50,000 investment requirement.

Table of Content
  1. What is the Innovator Founder Visa?
  2. Who can apply for the UK Innovator Founder Visa?
  3. UK Innovator Founder Visa requirements
  4. Required documents for the Innovator Founder Visa UK
  5. Innovator Founder Visa extension
  6. How to apply for a UK Innovator Founder Visa
  7. Innovator Founder Visa to ILR (Indefinite Leave to Remain)
  8. Contact us for UK Innovator Visa legal advice today

What is the Innovator Founder Visa?

The UK Innovator Founder Visa allows overseas entrepreneurs to establish and run a unique, scalable, and innovative business in the UK. Replacing the Tier 1 (Entrepreneur) route and evolving from the Innovator Visa, this visa supports those with fresh ideas that offer competitive advantages or solve market gaps.

As of 13 April 2023, applicants no longer need to invest a minimum of £50,000, though you must still show access to sufficient and credible funding. The visa is valid for 3 years, with no limit on extensions, and it offers a direct route to ILR (Indefinite Leave to Remain) after 3 years.

Who can apply for the UK Innovator Founder Visa?

To qualify, you must:

You do not need to be the sole founder. Co-founders and team members may also be eligible if each applicant has a distinct business role and a separate endorsement.

Be 18 years or older

Intend to set up and run an innovative business in the UK

Obtain endorsement from an approved UK endorsing body

Meet English language requirements (B2 level)

Show £1,270 in personal savings to support yourself in the UK

UK Innovator Founder Visa requirements

Business plan

Your business plan must demonstrate that your idea is Innovative: clearly original and distinct from anything already available in the UK market. Viable: realistically executable with a sustainable model and your demonstrated business acumen. Scalable: offers potential for growth, job creation, and expansion into national or international markets.

Business endorsement

You must receive an endorsement from an approved body. These include Envestors Limited, UK Endorsement Services, Innovator International, and the Global Entrepreneurs Programme (GEP). Endorsing bodies assess factors such as market demand, originality, business strategy, long-term viability, and your ability to deliver the business plan.

English language requirement

You must meet CEFR Level B2 in reading, writing, speaking, and listening, or hold a degree taught in English, or be from an English-speaking exempt country.

Maintenance funds

Show evidence of £1,270 in your bank account, held for at least 28 days before your application. This proves you can support yourself in the UK.

Required documents for the Innovator Founder Visa UK

You'll need to submit:

Valid passport or travel document

Endorsement letter from an approved endorsing body

Business plan or supporting pitch materials

Proof of English language proficiency

Financial evidence (e.g. bank statements showing £1,270+ in savings)

Tuberculosis test results (if required, based on country)

Biometric data (submitted during the application process)

Innovator Founder Visa extension

Your visa can be extended indefinitely in 3-year increments. To qualify for renewal, you must:

Reapply before your visa expires

Still be running your business or starting a new one

Continue to meet the original endorsement criteria

Extension Fee: £1,486

Processing time: Approx. 8 weeks

How to apply for a UK Innovator Founder Visa

Develop your business plan

Develop your business plan.

Apply for endorsement

Apply for endorsement from a recognised UK endorsing body.

Submit your visa application

Submit your visa application online via the Home Office portal.

Verify your identity

Attend a biometric appointment, or use the UK Immigration: ID Check app.

Pay application fees

£1,191 (applying from outside the UK), £1,486 (applying from inside the UK), Healthcare surcharge: £1,035 per year.

Receive a decision

Receive a decision, usually within 3 weeks.

Innovator Founder Visa to ILR (Indefinite Leave to Remain)

The Innovator Founder Visa offers a direct route to permanent UK residency. You can apply for ILR after 3 years, provided that:

ILR Application Fee: £2,885 per applicant. Decision time: Up to 6 months.

Once granted ILR, you can live, work, and start businesses freely, and after 12 months, you may apply for British citizenship.

You've held the visa for the full 3 years

You've not been outside the UK for more than 180 days in any 12-month period

You secure a new endorsement confirming your business has achieved key growth milestones

You pass the Life in the UK Test

Contact us for UK Innovator Visa legal advice today

The Innovator Founder Visa is more than permission to work, it's a powerful route to establish your legacy in the UK. From a tech start up to a creative agency or a new product, Cromwell Wilkes guides your visa from the first idea to residency.

If you plan to launch, grow, or invest in the UK, expert legal support for your UK business visa application can make all the difference.

Contact us today for personalised legal advice and take the first step toward starting your career in the UK.

Frequently asked questions

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