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Entrepreneur Visa (Tier 1 Innovator Visa Scheme) – Essential Criteria & Guidelines

• Business Experience: The Innovator Visa is designed for individuals with substantial business experience aiming to establish a business in the UK.
• Investment Requirement: A minimum of £50,000 funding from a legitimate source is required, except for those switching from the Start-Up Visa category.
• English Proficiency: Applicants must pass the English Language Test at level B2.
• Family Inclusion: Successful applicants receive a 3-year leave and can bring family members (spouses/partners and children under 18) to the UK.
• Business Focus: Innovators must dedicate their time to their business ventures and cannot engage in other employment.
• Endorsement: Required at both extension and settlement stages, with no maximum time limit under this category.

Pathway to Settlement Under the Innovator Visa Settlement is achievable after 3 years of continuous residence in the UK if at least two of the following conditions are met:

1. At least £50,000 has been invested and spent in the business.
2. The business has created at least 10 full-time jobs for resident workers.
3. The business has created at least 5 full-time jobs paying at least £25,000 each.
4. The business has generated a gross revenue of at least £1 million.
5. The number of customers has doubled in 3 years and exceeds the average for similar UK businesses.
6. Significant R&D activity has been undertaken with applied intellectual property protection in the UK.
7. The business generates at least £500,000 in revenue, with at least £100,000 from exports.