➡️ UK Startup Visa Capital Requirement?
There is no need for initial minimum capital (in share capital or any other formats).
UKSTARTUPVISA.UK
Some days ago, one of our applicants asked the following question:
Capital Requirement.
So we believe it is better to explain it a bit more. According to the UK Immigration Rules and regulations, previously, in case a limited liability company wanted to be qualified for employing its board members in the UK, it should have had the following criteria one of them was to have at least 50 k Pound investment in the company.
Introduction of the UK startup visa, you do not need to have that initial capital requirement in your business to be eligible for the visa and relocate to the UK. On the other hand, some businesses may not need an initial investment. for example, an innovative business that needs a mobile app development, may not need a huge investment by the main applicant who is already an app developer.
But in case, you are trying to make an innovation on producing a drug for cancer prevention which needs tens of millions of Pound the home office needs to know more about the source of the fund for your innovation.
