The UK grants permit for new entrepreneurs who want to start a business in the United Kingdom for the first time. You don’t have to be a graduate or have any upfront funding. You must, however, have a feasible, scalable, and unique business idea that has been approved by an endorsing body.
Scalable: Your business concept has the potential to create jobs and expand into other markets across the country
You can stay in the UK for up to 2 years on the UK permit for start-ups.
After two years, you will not be able to extend your permit. However, you can convert to the Innovator permit to extend your stay in the UK and develop your business. The permit is good for 3 years, with the opportunity to renew it when it expires.
You may be entitled to apply for indefinite leave to remain after 5 years (UK settlement).
You can bring your dependents including your spouse or partner and children under the age of 18. Though you will spend the most of your time in the UK working on your business, you can supplement your income by working outside your business. You are also free to travel outside the UK.
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