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UK Innovator Visa
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Product Description
Project Introduction:The UK Innovator Visa is a type of business immigration visa officially opened to the public by the UK government onMarch 29, 2019, aimed at encouraging and attracting overseas individuals with business experience to come to the UK to build and expand their careers. Applicants need to invest at least £50,000 in a new entity in an innovative industry in the UK, either by starting a business independently or in partnership with others. Upon approval, they will receive a visa valid for three years, after which they can apply for permanent residency based on meeting relevant immigration regulations.
EstimatedTotal Cost: Approximately1.2 million - 2.5 million RMB
Reference Exchange Rate: GBP/RMB 8.4767
Processing Time: 4-6 months
Residence Requirement:Must reside for no less than183 days each year
Project Advantages:
1.High cost-performance ratio, investment amountstarts from £50,000
2. Low risk, can only submit application after obtaining government endorsement
3. Flexible investment, the legislation provides a 7 out of 2 solution for the entrepreneurial part
4. Short cycle, obtain status in 4-6 months, can convert to green card in 3 years
5. Safe and reliable, approval first, then investment
6. Welfare guarantee: enjoy high-quality free healthcare andeducational resources in the UK
Application Requirements:
1.Investment Amount:£50,000, must be deposited for 90 days, proof letter required
2. Age: 18 years or older
3. Entrepreneurship: provide endorsement letter (approved BP by endorsement institution)
4. Language: B2 exam, equivalent to IELTS 5.5 for immigration, exempt for degrees from English-speaking countries
5. Living Guarantee Fund: must be deposited for 90 days in any global bank, main applicant £945, spouse £630
Application Process:There are a total of8steps in the application process,the cycle is4-6months
Step 1
Assessment and Contract Signing
Step 2
Collecting Materials, Opening Bank Account
Step 3
Deposit Relevant Fees, Prepare Application Materials(Deposit living expenses and investment funds, prepare application materials)
Step 4
Translation and Integration of Materials
Step 5
Submit to Endorsement Institution, Apply for Endorsement
Step 6
Interview, Obtain Endorsement Letter
Step 7
Submit to Immigration Bureau, Obtain Approval
Step 8
Enter the UK to Start a Business(Within 6 months)
Application Fees:
|
Fee Name |
Charging Institution |
Amount |
Charging Time |
Refund Standard |
|
Main Applicant First Visa Application Fee |
Immigration Bureau |
£1,277 |
Non-refundable before submitting application materials |
Not refundable |
|
Dependent Applicant First Visa Application Fee |
Immigration Bureau |
£1,806 |
Non-refundable before submitting application materials |
Not refundable |
|
Renewal Application Fee |
Immigration Bureau |
£1,277 |
Non-refundable before submitting application materials |
Not refundable |
|
Permanent Residency Visa Application Fee |
Immigration Bureau |
£2,389 |
Non-refundable before submitting application materials |
Not refundable |
|
First Visa Health Fee |
Immigration Bureau |
£700 |
Non-refundable before submitting application materials |
Not refundable |
|
Renewal Health Fee |
Immigration Bureau |
£400 |
Non-refundable before submitting application materials |
Not refundable |
|
Tuberculosis Test Fee |
Health Examination Center |
550 RMB |
Non-refundable before submitting application materials |
Not refundable |
|
IELTS Exam Fee (if IELTS is required) |
IELTS Official |
2,070 RMB |
Before the exam |
Not refundable |
|
Third-party Fees |
Third-party institution |
Subject to the actual amount |
Subject to actual occurrence |
Not refundable |
|
Bank of China UK account opening fee |
Bank |
500-3000 RMB |
Application material preparation stage |
Not refundable |
|
Bank of China proof letter |
Bank |
60 pounds per copy |
Application material preparation stage |
Not refundable |
|
Bank of China certificate for the bank |
Bank |
3 pounds per copy |
Application material preparation stage |
Not refundable |
|
DHL mailing to China from the UK (mainly for bank proof letters) |
Post office |
60 pounds |
Application material preparation stage |
Not refundable |
|
Chinese lawyer certification fee (if needed) |
Law firm |
3000-5000 RMB per copy |
Application material preparation stage |
Not refundable |
|
UK commercial lawyer fee (if needed) |
Law firm |
About 1500 pounds |
Application material preparation stage |
Not refundable |
|
Visiting enterprises |
Overseas |
300 pounds |
Application material preparation stage |
Not refundable |
|
Life in the UK (for permanent residency application) |
Immigration Bureau |
50 pounds |
Before applying for permanent residency |
Not refundable |
|
B1 level English exam (for permanent residency application) |
Examination institution |
2000 RMB |
Before applying for permanent residency |
Not refundable |
|
Service fee |
Consulting company |
50,000 RMB |
At the time of signing |
Refundable |
|
Project management fee |
Designated account |
50,000 pounds |
25,000 pounds at the time of signing; 25,000 pounds before business training |
Refundable |
|
Lawyer fee |
Law firm |
40,000 pounds |
20,000 pounds at the time of signing; 20,000 pounds before business training |
Partially refundable |
|
Medical insurance |
Insurance company |
624 pounds per person per year |
At the time of purchasing insurance |
Not refundable |
Document list:
|
Document name |
Document description |
Document requirements |
Preparation personnel |
|
Passport |
Currently valid passport |
Validity of at least 6 months |
All applicants |
|
Photo |
Color photo with white background without headgear |
45mmX35mm (2 inches) |
All applicants |
|
Household registration book |
Original |
Translation |
Main applicant |
|
|
Visa application email |
Common email |
Main applicant |
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