If you are seeking to establish a business in the UK for the first time, then this is the ideal visa for you. The Start-up visa is the ideal for individuals who have some business experience and want to establish a company within the UK.
The company must have an endorsement to show that the business has been approved as viable and scalable operation for the UK.
You may be eligible to switch to a UK Start-up visa, if you are already in the UK. Those that are eligible to switch over to a Startup visa includes for following:
1) Tier 1 (Graduate Entrepreneur) who have recently graduated
2) Tier 2 Migrants
3) Tier 4 (General) Students
4) Visitors who are here as prospective entrepreneurs.
Requirements:
The requirements for this visa are as follows:
1) A business plan for the business and endorsement from an approved body
2) English language skills at a level of B2
3) Evidence that you have enough funds to maintain yourself and any dependents
4) There is no minimum investment requirement for this visa
5) Evidence that you will not fail the “general grounds for refusal”