A visa is a recognised identification card that permits the holder to enter a foreign nation legally. The bearer's passport is often stamped with the visa or secured with adhesive. There are numerous distinct visa types, and each grants the holder certain privileges within the host nation. Apart from student visa and work visa there are other categories of visa which are used for people who want to establish their company in another country. There are basically 5 common visas which are used by business people. Visa categories like innovator visa, business visa, start up visa and entrepreneur visa. V-symphysis is one of the best immigration consultants in Hyderabad, and we provide an application process for all types of visas.

Innovator Visa

The Innovator visa is for experienced businesspersons seeking to establish a new business. Candidates for innovative visas may work independently as a solo founder or collaboratively as a member of an innovator team. But each applicant needs to have a unique endorsement from a recognised endorsing organization. You can only apply for an innovator visa if you are willing to set up and run an innovative business, which is totally different from others in the market. Or if your business idea has been endorsed by the endorsing body of that country. Or else you should meet the other eligibility requirements for applying for an Innovator visa UK.

Eligibility for innovator visa:

Before you are applying for an innovator visa you must show that your business idea is absolutely innovative and new in the market as you cannot join a business which is already trading. And the business should be available with potential of good growth. You must also have a good knowledge of English before you apply for a visa.

How long you can stay with an innovator visa:

You can stay there for 3 years if you go there with an innovator visa or switch to an innovator visa from another visa. You can extend the visa for 3 more years when your visa is due to expire. There's no limit on the number of times you can extend. And in case your endorsement is withdrawn by the endorsing body and you wish to stay longer there then you must re apply with a new endorsement before your current visa expires.

What you can do with innovator visa:

• Work for your business: this includes you can be self employed as a member of a business partnership.
• Set up a business or many businesses.
• Bring your family and your partner as your dependants.
• After staying there for 3 years you can apply for a permanent visa and meet the other eligibility requirements.

Startup Visa

A temporary conditional residency visa in many nations is known as the Startup Visa. It proposes to establish a category of visa for business owners who raise outside capital and, upon fulfillment of specified requirements, transforms into a permanent residency visa. New entrepreneurs who intend to launch their first business are eligible for the startup visa. You are not required to have earned a degree or to have obtained start-up funding. However, you will need to have a unique, marketable, and scalable business concept that has received the endorsement of a recognised organization.

Start-up visas are one-time, two-year visas that do not automatically lead to permanent residence. Holders of Start-up visas can, however, prolong their stay and become eligible for ILR three years later by staying in the innovator visa category. Start-up visa applicants are permitted to bring their spouse and any minor children.

Start up visa suitable for?

For early-stage but high-potential entrepreneurs who want to launch a firm in the UK for the first time, the Start-up visa category is appropriate. Typically, applicants for a startup visa won't have started their business's formation yet. Where they have, though, the new company shouldn't have already been doing business.

Start-up visa requirements:

• You must not have previously started a business in order to be eligible for a start-up visa.
• At least 18 years of age is required.
• In your applications, you are capable of engaging in any labor or business activity.

Investment funds requirements for a start up visa:

Startup visa applicants don't need to put any money in their company. But because you must have a "viable" and "scalable" business idea, you might actually need to have money on hand to invest. Some endorsing organizations demand a particular amount of funding as a prerequisite for endorsement.

Entrepreneur visa

This visa is intended for those who desire to work for themselves. You must invest money in your firm and submit a thorough business plan in order to be considered. If you receive this Entrepreneur Visa, you can make purchases or start a business without relocating permanently.

With this visa you can-

• purchase a business or launch your own.
• You may submit a visa application on behalf of your partner and dependent children who are 19 years old or younger and work in your own business for a total of three years.
• You are permitted to stay for 12 months during the initial phase of your visa, and another 24 months after demonstrating to us that your firm is operational.

Business visa

A business visa is a sort of travel authorization that enables a person to go to another country in order to conduct business there. They might conduct business during the visit that isn't considered job or employment.The majority of business visas permit visitors to enter the nation they desire to visit, remain there temporarily, and engage in activities and transactions while there. Business visas can be used to travel abroad to conferences or company meetings. V-Symphysis is one of the leading business and work visa consultants in Hyderabad, and we can help you with your business visa application.

Qualifications for Business Visa Applications:

• Your visit must be for professional reasons.
• You must have adequate cash set aside to cover your stay.
• You must make arrangements to return home after your visa expires.

Requisite paperwork for business visas:

Despite the fact that every country has its unique requirements, a few documents are almost universally needed. These include:

• a valid passport
• Travel itinerary with lodging and flight details
• Business and professional credentials
• academic history
• Evidence that you want to conduct business there before leaving for your home nation
• proof of enough financial resources
• medical assessment and evidence of adequate insurance
• a complete application and payment must be attached.

You must visit v-symphysis if you are planning to go abroad. We have experienced consults and we are also one of the top PR visa consultancy in Hyderabad. Contact us now for more information. We have many experienced study visa consultants in Hyderabad, so if anyone in your family wants to study abroad, you can read our blogs on study abroad.