UK Startup Visa | No Working Experience and Investment Required | Apply with Reliance Immigration

The UK Startup Visa – sometimes referred to as Startup Entrepreneur Visa UK – is the most preferred and suitable business visa category for ambitious individuals who aim to begin a new business in the UK. 

The Startup Visa for the UK provides a great chance to those entrepreneurs who want to start a business journey or career in the UK with a new business idea that can also have the potential to benefit the economy. 

When it comes to the UK Start Up Visa requirements, there is no minimum requirement for any capital investment for the new business, and the applicant is not required to be a graduate. 

The UK Startup Visa is a points-based visa. It is a type of visa that is designed for non-European entrepreneurs who want to start a business in the UK.

To be eligible for the Business Startup Visa UK, the applicant must score at least 70 points, with points being awarded for the following:

25 Points: Having a business idea that is considered to be innovative, viable, and scalable.

25 Points: The applicant has not previously established a business in the UK.

10 Points: Meeting the English language requirement.

10 Points: Having enough funds to support yourself and any dependents. 

70 Points: Total number of points required 

Before applying for the UK Startup Visa, some key requirements must be considered. The UK Start Up Visa requirements are:

• The applicant must be at least 18 Years Old 
• The applicant must not have previously established a business in the UK to be eligible for the Business Startup Visa.
• A detailed business plan outlining the business idea, target market, revenue projections, and strategy.
• Endorsement from an approved UK-based endorsing body.
• Meeting the UK Start-Up Visa English requirements. 
• Having enough funds to support yourself and any dependents.
• Scoring at least 70 points based on the criteria set out by the UK government's points-based system
• After the period ends for the Start-up Visa in the UK, the applicant can extend their stay by applying for the UK Innovator visa category.

A business plan is an important requirement for the UK Startup Visa, as it helps to demonstrate the viability and potential of the applicant's business idea. 

A business plan typically includes information about the market, competition, target customers, revenue projections, management team, and long-term strategy for the business. The business plan is used by the endorsing body and the UK government to assess the authenticity of the Startup Entrepreneur Visa by ensuring whether the business idea is genuine, innovative, and has growth potential. 

A well-written and detailed business plan will help to increase the chances of success when applying for the Startup Visa for UK. It should be clear, and concise, and demonstrate the applicant's understanding of the market, industry, and proposed business. 

The business plan is the key component that leads to an increase in the success rate of the Business Startup Visa.

If you are applying for the UK Startup Visa from outside of the UK, or you have not been in the UK for at least 12 months before your application, you will need to show that you have enough money to support yourself and any dependents. The investment funds required for the Startup Visa in the UK are:

• £1,270 for the main applicant
• £285 for a partner
• £315 for the first child
• £200 for each additional child

The Startup Visa UK requirements require that this money must be available to you and should be in your control and disposable in the UK. The funds can be in savings, investments, or other financial sources.

The UK Startup Visa requires an endorsement from a UK-based endorsing body. 

Endorsing bodies are organisations that are approved by the UK government to endorse applicants for the Startup Visa for UK. These organisations are responsible for assessing the business idea and the entrepreneur's ability to succeed on Startup Entrepreneur Visa. 

Home Office publishes a list of endorsing bodies that are regularly reviewed and updated by the UK government. 

An endorsement letter from a UK Startup Visa endorsing body is a letter that confirms that the endorsing body has reviewed and assessed the applicant's business idea and is satisfied that it is genuine, innovative, and has growth potential.

The letter also confirms that the endorsing body believes that the applicant has the skills, experience, and qualifications to successfully run the business on the Startup Business Visa. 

The letter is an important part of the application process for the Startup Visa for UK as it is used by the UK government to assess the applicant's eligibility for the visa.

As a co-founder, you can also apply for the UK Startup Visa along with the main applicant, who is the person who has the main responsibility for developing and growing the business. 

To apply as a co-founder on the Startup Business Visa, you must meet the same eligibility criteria as the main applicant, which is discussed above. 

The processing time for a UK Startup Visa can vary depending on several factors such as the workload of the UK Visa and Immigration (UKVI) office processing the application, the completeness and accuracy of the application, and whether the applicant needs to attend a biometric appointment. 

However, according to the UK Government's website, the processing time for the Startup Entrepreneur Visa is typically 3 weeks from the date of the biometric appointment.

It is important to note that the processing time may be longer if the application is complex or if additional information is required. It is also important to submit all required documents, as failure to do so can delay the processing time of the Startup Visa. 

The UK Startup visa provides key benefits once the application is accepted and the applicant reaches the UK. 

• The Startup Business Visa UK brings various benefits including a UK residency card upon arrival, bringing your family, free schooling, free medical, and working full-time.

• The Startup Visa for the UK also allows the applicant to live and work anywhere within the UK for the duration of this Business Startup Visa. 

• Startup Entrepreneur Visa UK also allows the applicant to bring the family to the UK including the spouse and any children under the age of 18. 

• The applicant's children are also allowed access to the schooling system and the UK's NHS free healthcare system through the Startup Visa in UK.

The main applicant and dependent partner under this Startup UK Visa are also allowed to work full-time

Reliance Immigration is a professional service provider that can assist you in the process of applying for a UK Start-up Visa. 

We have a team of experienced immigration consultants who are well-versed in the requirements and the process of the Start-up Visa. We can guide you through the process of securing an endorsement, preparing your application, and submitting the required documents. 

Reliance Immigration  can also provide support and advice throughout the application process, help you to understand the requirements, and increase your chances of success. By working with Reliance Immigration, you can save time and avoid common mistakes that could delay or even disqualify your application.