Innovator visa is according to the UK Immigration Rules for ‘more experienced business people seeking to establish a business in the UK. Applicants will have an innovative, viable and scalable business idea which is supported by an endorsing body’.
Introduced in March 2019, the route applies to those foreign nationals who want to organise, plan, and set one business or several businesses in the UK.
Before applying for this visa, you must get your business idea evaluated. If it is approved, you will have a letter of endorsement to prove that the idea is worth investing in.
You can apply to extend your Innovator visa or switch to this visa if you are in the UK under a different visa accepted by the Home Office.
Generally, one can switch in the UK if they have valid leave to remain in any of the following categories:
Indefinite Leave to Remain
Innovator visa allows the applicants to apply for Indefinite Leave to Remain after staying 5 continuous years in the UK.