What is a UK Startup Visa? UK Startup Visas Explained
WHAT IS A UK STARTUP VISA?
The UK Startup Visa is a type of visa that allows entrepreneurs to come to the UK to start a business.
To be eligible for the UK Startup Visa, you must meet the following criteria:
- You must be at least 18 years old.
- You must have a viable and innovative business idea that has the potential to scale.
- You must have at least £50,000 in investment funds from a recognized UK investor.
- You must be able to speak, read, and write in English to a certain level.
- You must be able to support yourself financially during your stay in the UK.
- You must not have any unspent criminal convictions.
(To ensure accuracy, please confirm criteria with the official UK Government advice, here).
If you meet these criteria and are accepted for the UK Startup Visa, you will be able to come to the UK to start your business and remain in the country for up to 2 years. After this time, you may be able to apply for further leave to remain in the UK or switch to another visa category, such as the Innovator Visa. It's worth noting that the criteria for the UK Startup Visa may change over time, so it's important to check the latest requirements before applying.
BUSINESS PLAN FOR STARTUP VISA:
If you need help with a compelling, well researched business plan for a start-up visa application, get in touch with our business plan writing experts today.
