Who are the people in the UK’s innovative immigration program? Are there any limitations in innovative immigration programs?
UK innovative immigration is a kind of commercial immigration visa officially established by the British government in March 2019. It is all encouraging people with business experience to come to the UK to build and expand their careers. The British government’s investment amount for such visas is only 50,000 pounds. After obtaining the visa, it will issue a valid visa for three years. After that, on the basis of meeting the relevant immigration regulations, it can directly transfer to permanent residence. In recent years, many young entrepreneurs have chosen to go to the UK to open up new places for their work. They all chose the UK innovative immigration project. So what is the best of this project and which group of people are suitable for? Is it limited? Today, I will take you to learn more about the UK innovative immigration project!
Innovative immigration visa requirements:
1. The minimum investment amount is 50,000 pounds, and a new company is founded in the UK
2. The company complies with innovation, feasibility, scalability
3. There is an endorsement institution endorses the project
4. The applicant has more than one year of work experience
5. A bachelor's degree or above in a university taught in the UK or all English, without taking English exams,
otherwise IELTS requires 5.5
6. Applicants have no criminal record in the UK or abroad
7. 50,000 pounds required to deposit in overseas accounts for 3 months, or explain the source of funds
Innovative immigration visa advantages:
1. The processing period is short, 3-6 months;
2. After 3 years, you can apply for permanent residence. There is no hard residence requirement after permanent residence is approved
3. Applicants can work full-time or part-time
4. The whole family applies for spouse visa without work permit , and can work legally;
5. Children under 18 years old can attend public schools for free
6. After paying the IHS immigration medical surcharge of £624 per person per year, they can enjoy
UK public medical system. There is no need to pay IHS fees after obtaining permanent residence.
Innovative Immigration Official Requirements for Application for Permanent Residence (Business)
need to meet any two points of the following 7 requirements
1. Invest at least 50,000 pounds in related companies and actively invest in promoting the business plan recognized by Endorsing Body endorsement agency
2. The number of customers of the company has at least doubled in the past three years, and is higher than the average number of customers of other British companies
3. The company participates in major research and development activities and applies for intellectual property protection in the UK
4. The company's business has at least 1 million pounds in sales revenue in the last fiscal year
5. The company's business has at least 500,000 pounds of sales revenue in the last fiscal year, of which at least
.1 million pounds are from export overseas income
6. The company creates at least 10 local jobs
7. The company creates at least 5 local jobs with an annual income of no less than 25,000 pounds
UK innovative immigration project which group of people are suitable for
According to the Innovation Visa Act, the applicant can be an independent applicant of the innovation project or a key member of the founding team (instrumental). Member), so the following two situations meet the requirements of Innovation Visa , which is widely suitable for overseas returnees fresh graduates , white-collar workers and executives seeking breakthroughs in personal careers, and business people with investment needs and looking forward to overseas expansion:
- Self-employment: As an independent business owner, apply for a visa, and be responsible for corporate operations after obtaining the visa
- Partnership model: Based on professional, work, business or interests, select suitable business owners in the UK, and prepare new projects together, and jointly establish a company to operate after obtaining the visa.The operation of the enterprise can be mainly responsible for the business owner. The applicant brings his personal advantages into the project and participates in the
Innovation immigration visa Why is it popular among Chinese people
1) Short processing period: From submitting the application to being approved quickly, you can get a visa login in about 6 months. Applicants can get permanent residence for as long as 3 years, which is one of the fastest ways to immigrate to the UK
2) Low application threshold: no management experience, age, background requirements, no education requirements
3) Low fund threshold: only 50,000 pounds, first approved and then invest, small risk
4) High-quality benefits after obtaining the identity: legal and full Job or part-time job; children under the age of 18 can go to public schools for free; you can enjoy the British public medical system
. To summarize, UK Innovation Visa does not have great limitations. It is very cost-effective for people with business experience or study abroad in the UK, science and technology, academic, trade practitioners, and multinational enterprise managers. The above is all the information brought by Zhizhijia today about UK Innovation Visa . If you have other questions about Innovation Visa , you can send private messages to Zhizhijia or leave a message to Zhizhijia at any time. Professional teachers with rich work experience in the Consulate General will answer your questions one-on-one!
At the same time, please be careful of some immigration agents who do not use any means to perform for their performance in order to avoid being deceived! Finally, I wish everyone can gain something!
