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19. Transitioning to the UK Innovator Founder Visa from your existing visa

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If you are currently in the UK on another type of visa, you may be eligible to change (or "switch") to an Innovator Founder visa. However, switching your visa does not automatically alter the status of your partner or child's visa. If they do not switch their visas, their current visas will remain valid until their original expiration dates. They have the option to apply simultaneously with you or at any point before their current visas expire. It is essential to apply before your existing visa expires.

Eligibility for Switching Visas

To apply for a switch to the Innovator Founder visa, you must fulfill the necessary eligibility requirements. You can apply to switch to this visa if you meet the eligibility requirements. If you’re currently in the UK on a Student visa, you must also have either completed the course you were sponsored to study or studied for a PhD for at least 24 months.

Restrictions on Switching to an Innovator Founder Visa

You are not allowed to switch to the Innovator Founder visa if you currently hold any of the following:

  • A visit visa
  • A short-term student visa
  • A Parent of a Child Student visa
  • A seasonal worker visa
  • A domestic worker in a private household visa
  • Immigration bail
  • Permission to stay outside the immigration rules, such as on compassionate grounds.

Duration and Conditions of Stay

Upon successfully switching to an Innovator Founder visa, you are permitted to remain in the UK for three years. There is no restriction on the number of times you can extend this visa.

Associated Costs

To determine the fees associated with the visa application, please consult the official list of visa application fees. If you have resided in the UK for less than one year, you will also need to provide evidence that you have sufficient funds to support yourself. You need to have had at least £1,270 in your bank account for 28 consecutive days before you apply for an Innovator Founder visa.

Verification of Identity and Submission of Supporting Documents

As a part of your application process, you will be required to confirm your identity. The method for doing so depends on your nationality and the type of passport you possess. You will either:

  • Provide your fingerprints and a photograph at a visa application center to obtain a biometric residence permit.
  • Utilize the ‘UK Immigration: ID Check’ app to scan your identification document, and subsequently create or log in to your UK Visas and Immigration (UKVI) account.

Upon applying, you will receive instructions on the necessary steps to follow. In the event that an appointment is required:

  • The center may retain your passport and documents for the duration of the application processing.
  • You may need to travel to the nearest visa application center, which might be located in another country.

Applying Online and Processing Time

You must apply online for an Innovator Founder visa. Once you’ve started your application, you can save your form and complete it later. You’ll usually get a decision within 8 weeks of your application date. You’ll be contacted if your application will take longer, for example, if you’re applying with a family member who needs an appointment but you do not, or if your supporting documents need to be verified.

After You Apply

If you need to change something in your application after you’ve sent it, contact UK Visas and Immigration (UKVI). You can ask to cancel your application. You’ll only get your fee refunded if UKVI has not started processing your application. You’ll get an email or a letter containing the decision on your application. This will explain what you need to do next.

Conclusion

Transitioning to the UK Innovator Founder visa from your existing visa requires careful planning and adherence to the eligibility requirements and application process. By understanding the restrictions, duration, and associated costs, you can ensure a smooth transition and successful application.

References GOV.UK. (n.d.). Innovator Founder visa: Switch to this visa. Retrieved from https://www.gov.uk/innovator-founder-visa/switch-to-this-visa GOV.UK. (n.d.). Innovator Founder visa: Apply from outside the UK. Retrieved from https://www.gov.uk/innovator-founder-visa/apply-from-outside-the-uk GOV.UK. (n.d.). Innovator Founder visa: Eligibility. Retrieved from https://www.gov.uk/innovator-founder-visa/eligibility Immigration Barrister. (n.d.). Innovator Founder Visa. Retrieved from https://immigrationbarrister.co.uk/personal-immigration/business-visas/innovator-founder-visa/ Reddit. (2023). I have UK innovator founder visa- ask me any questions. Retrieved from https://www.reddit.com/r/ukvisa/comments/16uhy7v/i_have_uk_innovator_founder_visa_ask_me_any/

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