Q & A
STARTUP VISA UK
Q
What is the UK Startup Visa?
A
The UK Startup Visa is a visa category which allows an applicant to set up an early stage, high potential business in the UK, subject to UK visa requirements being met. |
Q
Who can apply for the UK Startup Visa?
A
The following can apply for the UK Startup Visa:- |
Q
What are the “eligibility requirements” for the main applicant?
A
The following are the “eligibility requirements” for the main applicant:- • Applicant must be at least 18 years of age. |
Q
What kind of business can one set up?
A
Applicants must set up a business which is innovative, viable & scalable, and is supported by an approved endorsing body in the UK. |
Q
What amount does an applicant have to invest?
A
The Start Up Visa Program UK does not specify any minimum investment amount, although applicants must prove that they will spend a majority of their time working for their start-up business in the UK |
Q
Do I need to show any business experience?
A
The applicant must show that they have the necessary skills, knowledge, experience & market awareness to successfully run the proposed business. |
Q
Do I need to show English Language ability?
A
Yes, applicants must satisfy the prescribed English Language Requirement to be eligible to apply. |
Q
Do I need to show ‘Settlement Funds’ to maintain my stay in the UK?
A
Yes, at least at the minimum prescribed levels. |
Q
Are family members (dependents) allowed to apply along with the main applicant?
A
Yes, the following family members may apply for a UK Startup Visa along with the main applicant :- |
Q
For how long does the UK Startup Visa allow us to stay in the UK?
A
2 years. You cannot apply for an extension of this visa or directly apply for settlement (PR) in the UK. However, you can progress towards applying for an Innovator Visa UK. |
Q
How long does it take for the UK Startup Visa to be processed?
A
Approximately 8 weeks from date of application. However, it can take longer:- |
Q
How can Migratesmart® help us?
A
Our partnerships with highly reputed & leading global law firms, in all countries that we operate in or provide services for, enables us to provide end-to-end solutions & services to our clients. We can take care of every aspect of the UK Startup Visa process & ensure you derive maximum benefit from out expert knowledge & advice. |