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In 2023, the UK completely revamped its approach to startup relocation. The outdated Innovator and Start-up visas have been replaced by a new program — the Innovator Founder Visa.

Key Benefits of the Innovator Founder Visa:

• A 3-year residence permit (with the possibility of renewal).
• Eligibility for citizenship after 5 years of residence.
• Fast decision-making on project approvals.
• Fully online application process, even from abroad.
• No large bank deposits required.
• Founders can work for other companies alongside managing their startup.
• Family members (spouse, children, or even partners in long-term relationships) can relocate with you.

This guide explains the eligibility criteria, the steps involved, and the associated costs.

Eligibility Requirements

• Be at least 18 years old.
• Have an innovative project at the MVP stage or beyond.
• Demonstrate English language proficiency at B2 level or higher.
• Show proof of funds: at least £1,270 in a personal bank account for 28 consecutive days before applying.

Timeline

<aside> 🕒 The process takes 2 to 4 months.

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