19/05/2020
UK Startup visa consultancy in Hyderabad
Magnific IT Consulting
Overview
You can apply for a Start-up visa if:
you want to set up a business in the UK
you’re from outside the European Economic Area (EEA) and Switzerland
you meet the other eligibility requirements
Getting endorsed
You must be endorsed by an authorised body that is either:
A UK higher education institution
A business organisation with a history of supporting UK entrepreneurs
You must be able to show that your business idea is:
A new idea - you cannot join or invest in a business that is already trading
Innovative - you must have an original business idea which is different from anything else on the market
Viable, with potential for growth
How long it takes to get a visa
The earliest you can apply is 3 months before you travel
How long you can stay
You can stay in the UK for 2 years on a Start-up visa.
You cannot apply to extend this visa.
Once your near to VISA expiry you have option called Switch.
You must already be in the UK under any of the following visas or schemes:
Tier 1 visa
Tier 2 (Sportsperson) visa
Tier 2 (Minister of religion) visa
Tier 2 (Intra company Transfer) visa under the Immigration Rules in place before 6 April 2010 and you’re applying to change sponsor
Tier 4 visa - if you have an eligible qualification, will complete your course in 3 months, or you’ve done at least 12 months of a PhD
Start-up visa
Innovator visa
You can also switch to a Tier 2 (General) visa if you’re:
a dependent partner of someone with a Tier 4 visa
a representative of an overseas business
In Start-Up Visa you will not be eligible to get ILR. Hence you have option to Switch visa Online.
What you can and cannot do
You can:
bring family members with you
switch to this visa from some other visa categories
work in another job, as well as working for your business
You cannot:
get public funds
work as a doctor or dentist in training
work as a professional sportsperson, for example a sports coach
settle in the UK on this visa
You can stay in the UK for two years on a Start-up Visa and you can bring family members {Members of the immediate family may include spouses, parents, brothers, sisters, sons, and daughters.}, including a spouse or partner and children under the age of 18. You will spend the majority of your time in the UK developing your business, but you can work outside your business to support yourself.
Fees
How much you pay for a Start-up visa depends on your situation and where you apply from.
Eligibility
Before you apply you need to have your business or business idea assessed by an approved body.
They will provide you with an endorsement letter if your business is viable.
You must also:
be at least 18 years old
meet the English language requirement
be able to prove that you have enough personal savings to support yourself while you’re in the UK
Knowledge of English
You may need to prove your knowledge of the English language when you apply.
You can prove your knowledge of English by either:
passing an approved English language test with at least CEFR level B2 in reading, writing, speaking and listening
having an academic qualification that was taught in English and is recognised by UK NARIC as being equivalent to a UK bachelor’s degree, master’s degree or PhD
You do not need to prove your knowledge of English if you’ve already proved it to be level B2 or above in an earlier successful application.
Startup business ideas which can be considered
Documents you must provide
When you apply you need to provide an ‘endorsement letter’ from an authorised body.
You’ll also need to provide:
a current passport or other valid travel identification
bank statements showing you’ve had at least £945 in savings in your bank account for 90 consecutive days before you apply
your tuberculosis test results if you’re from a country where you have to take the test
proof that you have knowledge of the English language
You’ll need to have a blank page in your passport on which to put the visa.
You’ll need to provide a certified translation of any documents that are not in English or Welsh.
What Magnific role in this process:
We initiate the process from starting day and get prepared the presentation about business model which will be submitted to respective endorsement bodies.
Multiple endorsement bodies were available depends on the model of startup you are applying.
Will provide complete analysis of your startup and scope of market in United Kingdom. Ensure we give right justification to endorsement bodies for smooth approval of your startup.
Once approval is done we will collect approval document and visa process will be initiated starting from your educational verification to Visa stamping.
Note : We are only able to vouch for the standing of higher education institutions provided they have accreditation from AICTE / AIU.
You can prepare your own start-up idea yourself or we will be able to support.
Magnific will be able to provide assistance on any kind of Switch option near by start-up expiry.
Contact Information:
Rajesh Thalluri
Phone Contact : 9985201444, 9052666558 ,
8143070707
Office Contact : 9390917762
Email ID : [email protected]
Website:www.magnificitconsulting.com
