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What visas can Russian entrepreneurs now use to open a business in the UK?

Posted: Sun Jan 19, 2025 9:18 am
by sadiksojib35
For those who want to move to the UK and do business, the main business visa is still the Innovator Founder visa. It is important to know that the approach of administrative institutions to considering applications is now becoming stricter, and in order to obtain a visa, it is recommended to demonstrate the availability of investment funds, as well as carefully work out the business idea for compliance with immigration conditions.

An alternative migration route for entrepreneurs is the vietnam telegram database Global Talent Visa. It is worth considering that it is only suitable for entrepreneurs whose business is built around their own IT product, but not through outsourcing.

Entrepreneurs are advised to seek the assistance of UK lawyers to help them choose the most appropriate route and prepare the correct package of documents for submission.

How can entrepreneurs prove their business is innovative? It’s worth looking at the UK Home Office guidance for agencies responsible for approving business ideas. Visa applicants need to demonstrate they have a genuine, original business plan that meets a new or existing market need and creates a competitive advantage.

In assessing whether an application meets the innovation requirement, the applicant is expected to take into account the following principles:

A business proposal must demonstrate a clear and compelling unique advantage of the business in the marketplace.
A business innovation concept must demonstrate a business proposition that is not easily replicated by others and can demonstrate reasonable barriers to entry.