UK Visit Visa from Dubai
The United Kingdom is considered to be a highly developed country in terms of international economic, scientific, political, and cultural influence.
There are various programs offered by UK for individuals to establish their business and further apply for UK Residency by Investment through UK Innovator Visa Program or a Start Up Visa followed by UK Passport.
UK Innovator Visa - UK Law Firm in Dubai
UK Innovator Visa is for individuals who have an innovative idea and want to establish the business in UK and get a chance to apply for UK Residency by Investment Visa.
Program Highlights
Overview of UK Innovator Visa:
You can apply for UK visa from Dubai if:
You must be able to show that your business idea is:
What you can and cannot do
Applying for Settlement:
If the applicant is making a settlement application, the endorsement letter must confirm both of the following:
1. (a) The applicant meets all of the same business endorsement criteria set out in paragraph W6.6(a)-(e).
2. (b) The applicant’s business venture meets at least two of the following requirements:
(i) At least £50,000 has been invested into the business and actively spent furthering the business plan assessed in the applicant’s previous endorsement.
(ii) The number of the business’s customers has at least doubled within the most recent 3 years and is currently higher than the mean number of customers for other UK businesses offering comparable main products or services.
(iii) The business has engaged in significant research and development activity and has applied for intellectual property protection in the UK.
(iv) The business has generated a minimum annual gross revenue of £1 million in the last full year covered by its accounts.
(v) The business is generating a minimum annual gross revenue of £500,000 in the last full year covered by its accounts, with at least £100,000 from exporting overseas.
(vi) The business has created the equivalent of at least 10 full-time jobs for resident workers.
(vii) The business has created the equivalent of at least 5 full-time jobs for resident workers, which have an average salary of at least £25,000 a year (gross pay, excluding any expenses).
Processing Time – The overall processing time for UK Innovator Visa is nearly 3-5 Months*
Requirements-
Your business proposal will be required to meet certain requirements to be able to be functional in the UK.
UK Innovator Visa - UK Law Firm in Dubai
The UK Start-up visa is for individuals who are new entrepreneurs and want to establish a business in the UK for the first time. You do not need to be a graduate or have secured any initial funding. However, you will need to have an innovative, viable and scalable business idea which has been approved by an endorsing body.
Start-up visas are one-off visas, valid for 2 years and the category does not lead directly to settlement in the UK. However, UK Start-up visa holders may extend their stay in the Innovator visa category and qualify for ILR three years later. UK Start-up visa applicants can bring their partner and any children under the age of 18 to the UK.
Requirements for a UK Start-up visa
In order to qualify for a UK Start-up visa you will need to satisfy UK Visas and Immigration that:
Investment funds requirement for a UK Start-up visa
UK Start-up visa applicants do not need any funds to invest in their business. However, the requirement to have a ‘viable’ and ‘scalable’ business idea means that, in practice, you may need to have funds available to invest. Some endorsing bodies require a certain level of funding as a condition of endorsement.
Endorsement criteria for a UK Start-up visa
In order for your business proposal to be endorsed, an approved endorsing body will need to be satisfied that your business idea meets all of the following criteria:
The endorsing body will also need to be satisfied that you will spend the majority of your working time in the UK on developing business ventures.
If your application to be endorsed by a UK Start-up visa endorsing body is approved, you will be issued with a UK Start-up visa endorsement letter. This letter must be submitted as part of your Start-up visa application. The Immigration Rules contain strict requirements in terms of the information that must be included in a Start-up visa endorsement letter. Advice from an immigration lawyer will ensure that your endorsement letter satisfies the requirements of the rules.