Many startup entrepreneurs are rushing to the United Kingdom because of the opportunity
to connect to other target areas. The cooperation tax for the UK is low, with a flexible
application process, visiting rules, and obtaining a long-term residency permit. However,
you need to ensure sufficient capital and bank statements to sustain you throughout your stay.
The UK startup visa does not incur huge investments on entrepreneurs. You can even start a
business for free, provided you receive sponsorship from a reputable organization or
higher education institution. Sourcing
for funds should be flexible, but the source must have a history of supporting entrepreneurs
in the United Kingdom. The application fee varies between €308 and €493. The choice as to
whether you are expanding your visa, and your nationality, will also influence your
Your business idea needs to be innovative, with an approved body confirming its authenticity.
There is a quality standard of living in the UK, making it a great destination for many
entrepreneurs. However, the UK visa only permits entrepreneurs to stay for a maximum of two
years without the hope of renewing.