Start-up visa:from appearance to extinction
Start-up Visa history
The story about the visa’s closure and what has been introduced instead.
Obtaining such a visa in the UK was possible from March 29, 2019. It was intended for young and ambitious people who are planning to open a company in the UK.

The eligibility requirements were the same as for the Innovator Founder visa. Three main criteria were considered:

  1. Focus on innovation
  2. Liveness
  3. Scalability

Start-up visa was issued for 2 years, did not require initial investments and did not lead to citizenship in the UK through business. If the applicant planned to continue his/her stay in the country, he/she could apply for the Innovator visa UK, which further implied obtaining British citizenship.
Over time, the UK authorities recognized a flaw in the Start-up visa. This was expressed in low-qualified employees who opened fast-food establishments instead of IT-companies. Also the Home Office recognized its incompetence in terms of selection. Home Office employees did not understand the economy and the business environment, thus allowing a candidate with a hopeless business strategy to get a visa.

Do you have questions about the UK business and investment migration?
Book a free consultation to get more information!