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In March 2019, the United Kingdom replaced the previous Tier 1 (Entrepreneur) and Tier 1 (Graduate Entrepreneur) visas with the 'Start-Up' and 'Innovator' process. Although a number of changes were introduced with the new visa process, the two key introductions were the 'Innovative' requirement as well as the requirement to be endorsed by an approved organisation as listed by the Home Office. These organisations are referred to as 'Endorsing bodies'.
The proposed business must be new and therefore can no longer be an existing and actively trading company.
The general principle is that an Applicant applying for an Innovator visa will be an established business person with a history of managing a business or businesses. A Start-Up Applicant will not be expected to have such experience.
A further difference is that a successful Applicant under the Start-Up visa will be given a visa for up to 2 years at which point they will be expected to switch to the Innovator visa if they wish to remain in the United Kingdom to manage their business. A successful Applicant under the Innovator process, will be given a visa for 3 years, at which point they can apply for the right to stay in the United Kingdom permanently (also known as 'Indefinite Leave to Remain').
The final key difference is the requirement to have 'Access to Funds'. Only an Applicant applying for the Innovator visa will need to show they have access to funds which are disposable in the United Kingdom of at least £50,000.
The Endorsing bodies are ultimately responsible for assessing the strength of an Applicant's business proposal.
As explained in the introduction, the process introduced amongst other criteria, an Innovative requirement. The term is currently defined as-
The applicant has a genuine, original business plan that meets new or existing market needs and/or creates a competitive advantage.
Credibility - does the Applicant have (or in the process of having) the key skills required to manage the proposed business; and
Scalability - what plans does the Applicant have to scale up the proposed business to meet national or international market needs.
The Home Office will normally not review the endorsement unless there are exceptional reasons to do so.
At the present time, the Home Office have approved the following companies to act as an Endorsing body-
An Applicant will need to show that have access to at least £50,000. This can be evidence in one of three ways-
Applicants seeking to rely on personal funds must have held such funds for at least 90 days.
An Applicant will need to show (separate to the £50,000 if applicable) Maintenance funds of £945 and £630 per dependant (if any are applying). Again, these funds must have been held for 90 days. However, the Maintenance funds can only be evidenced through the Applicant's bank account or that of their Partner.
The Applicant must meet the B2 English Language test from an approved English Language provider (as set out at Appendix O of the Immigration Rules) unless the following applies-
If you are considering making an application under the Innovator visa or start up visa route or maybe you just have a general question, feel free to contact us on 02037442797 or send us an email on firstname.lastname@example.org
It's a shame that you dont have an 'Excellent' star rating on here, as my experience with Reiss Edwards is nothing short of an excellent rating. They handled my application for an Indefinite Leave to remain in April 2014 and did my husband's one very recently including my daughter. Every time i have approached them, they have continued to treat me with courtesy, respect and patience. Amar was indeed a very thorough and professional gentleman. He is very knowledgeable, corporative and engaging. He responded to my emails, calls and enquiries promptly. He was always reassuring. I could not have asked for a better Immigration service. I would recommend them over and over again for anyone looking for an immigration advice. They gave me a free immigration advice when i called them, and the quality of the advice was something other charge thousands for. If you need a particular, name, Amar would be it. He exemplifies, for me, the true, professional gentleman. He is a valuable asset to Reiss Edwards.
I am glad that i instructed Reiss Edwards on my visa matter. It started with a 20 minutes free immigration advice. I met with Amar to discuss my ILR refusal. He gave me a great deal of quality advice and decided to take on my messy case. I had doubts on the merits of my case by he was relatively convinced he could win it. That made me quite secure. To be honest, things did not start as quick as I would have wanted, but they kept on communicating the process and state of things to me.A big thank you to Verusha and Foram. They were also very helpful. Brilliant and informative. Their fee was fair and reasonable, especially if you compare them to other law firms and immigration law firms in London; some of whom even told me that i would not be able to get an indefinte leave to remain in this country. The process was long but was worth it. In the end, a big thank you to Reiss Edwards.
Investing over 2 million pounds is defintely not a routine decision. We had to make sure that the Tier 1 investor immigration lawyers that we'd be picking has to be one of the best within the Tier 1 investor category. We contacted Reiss Edwards and they were able to get us not only the Tier 1 investor visa but also suggested profitable investment portfolios in addition to what we already had in mind.
TI have just had British Citizenship application approved. Prior to making the application, i was not sure which law firm i should hire to facilitate the paperwork. After a few hours of research, i decided to go with Reiss Edwards and i must confess that i wasnt disappointed. The immigration lawyers at Reiss Edwards handled my case well and they really knew what they were doing. They were fully aware of what documents I needed and it was easy for them to tell if my case was going to be easy or not. At the end of the day, I have not received my British citizenship within 3 months. If anyone is looking for a good immigration lawyer to handle thier case, contact Reiss Edwards.
My wife's spouse visa extension application was refused by the Home Office and they gave her 14 days to leave the country. We contacted Reiss Edwards and they said "OK don't worry we will sort this out". They put together the list of documents for me to obtain and they prepared a bundle which was as thick as the printer it came out from.We followed everything they asked us to do and in the end we won our appeal and got our spouse visa. We can't recommend them enough and we have promised ourselves never to make any more UK visa applications without them.
The team of lawyers at Reiss Edwards are very professional and friendly people. Their experience in and around UK immigration law is quite extensive; be sure that you application is in safe and competent hands. My immigration matter was an indefinite leave to remain application based on Tier 1 on a self-employment basis. The immigration lawyers at Reiss Edwards made sure that the application was perfect and ready to be accepted. I got a positive decision and I recommend them highly for anyone who needs a UK immigration help.
I contacted Reiss Edwards to help me with my wife's UK settlement visa. They acted with utmost professionalism throughout the entire application. I spoke with Joe Dinh, he is an immigration solicitor and he is one of the best solicitors out there. He ensured that there was little to no room for error. At some point I thought he was over cautious. He remained calmed and continued to assure us on our immigration matter. Most people in his position would have panicked but he was calmed and continued to assure us. We received out positive outcome very quickly.
I have been using Reiss Edwards for three years now for my family's immigration application. Both for my initial application and extension. They are really affordable. The team of solicitors at this firm are probably one of the most efficient and economical in terms of cost. They offered free advice over the phone and spent good time with us before inviting us for consultation.
Reiss Edwards is a top notch immigration service company. The way they handled our documentation and also the list of documents they sent was efficient and top quality. They helped us professionally throughout the process. We are very happy with the immigration advice we received from the team. We highly recommend them.
I used Reiss Edwards immigration lawyers to assist with my immigration matter and that of my family. It was an EX1 application. They dealt with the matter properly and even when complications were coming up from the Home Office, they helped resolve the issue properly. They are very professional and are very popular in London. I am happy to have worked with them.
This is the only firm that i spoke with that didn't ask for money before listening to me, will be using them again.
I used Reiss Edwards for my Tier 2 visa application and it was successful. The team was ever present and happy to answer my question. The caseworker that dealing with my case went on holiday yet by case did not suffer one bit. Another lawyer stepped and took over the case without any hassle.
My Tier 1 Investor Visa was dealt with quickly and without issue. Would recommend Reiss Edwards as an Immigration law firm in London. Thank you to the team.
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