Isle of Man Innovator Visa

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Isle of Man Innovator Visa – Who Is It For?

The Isle of Man Innovator Visa is very similar to the UK’s Innovator Visa but offers additional benefits. It is for skilled individuals with business experience who want to establish, join, or take over a business in the Isle of Man.  

To apply with Legend Consults, you need a solid business plan, English proficiency certificate, proof of investment funds, and approval from the Department for Enterprise to get your innovator visa.  

The Isle of Man innovator visa allows you to build your business in a supportive and tax-friendly environment and a path to permanent residency in the UK. 

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Getting Endorsed

The Department for Enterprise is the only endorsing body in the Isle of Man for the Business Migrant route as prescribed in Appendix X of the Isle of Man Immigration Rules. They are responsible for issuing the Letter of Endorsement you will need to support your visa application.

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Application Timeline

You can apply up to 3 months before you travel You should get a decision within 6 weeks when applying from outside the Isle of Man and UK

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Healthcare Surcharge

You do not need to pay the healthcare surcharge as part of your application. This is for those applying to the UK only.

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Visa Duration

Initial stay: 3 years Extensions: Can apply for another 3 years when your visa expires No limit on the number of extensions Possibility to apply for settlement (indefinite leave to remain) after 3 years in the Isle of Man

Where is the Isle of Man?

The Isle of Man is a small island located in the Irish Sea, between England and Ireland. It comes under the British Crown but with its own governing body. The Isle of Man has stunning landscapes, low taxes, and a business-friendly environment. It offers the perfect blend of natural beauty and modern opportunities. 

What You Can and Can't Do

You can:

  • Set up a business or several businesses 
  • Work for your business (as a director or self-employed partner) 
  • Bring family members with you 

You cannot: 

  • Do any work outside your business 
  • Work as a doctor or dentist in training
  • Work as a professional sportsperson 
  • Get public funds 

Knowledge of English

You must prove your knowledge of English by either: 

  • Passing an approved English language test with at least CEFR level B2 in reading, writing, speaking and listening 
  • Having an academic qualification taught in English and recognized by ECCTIS as equivalent to a UK bachelor’s degree, master’s degree or PhD 

Investment Funds

  • £50,000 minimum for new businesses 
  • No investment funds required for established businesses endorsed for an earlier visa 
  • Investment funds cannot be shared between team members 

Benefits of the Isle of Man Innovator Visa

Join the league of successful entrepreneurs today!

Isle Of Man Visa Requirements for Innovator Visa

In order to qualify, you need to have an Isle of Man visa investment amount of £50,000 and at least £945 held in your account for 90 days. 

Eligibility criteria includes:

Documents required:

Don’t wait. Talk to our expert Isle of Man consultants today!

Frequently Asked Questions

10+ years of Experience

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Yes, you can apply for the Innovator Visa if you have a successful track record in entrepreneurship. However, your proposed business venture in the Isle of Man should be innovative and have growth potential.

The Isle of Man government supports Innovator Visa holders through various initiatives, including access to networks, resources, and funding opportunities, to help facilitate the growth of innovative businesses in the jurisdiction.

Previous visa refusals may impact your eligibility for the Innovator Visa. You will need to share the previous case with Legend Consults so we can prepare comprehensive documentation to support your eligibility, which is essential.

There is no specific time limit for developing your business under the Innovator Visa. However, to maintain your visa status, you should demonstrate continuous progress and meet the performance criteria outlined by immigration authorities.

Isle of Man VISA

Bespoke Isle of Man Innovator Visa Consultancy and Processing

Legend Consults is an emerging team of Isle of Man innovator visa consultants, with a deep-seated dedication and passion to help businesses from around the world expand into new territories. Unlike other firms, we do not just throw your papers straight into visa processing; we help assess and refine your business ideas, too!

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Expert Guidance

We stay updated with changes in the Isle of Man immigration laws, so you have the assurance your visa processing is legally compliant in every step and that you get what we promise–a hundred percent Isle of Man innovator visa success rate!

Consultancy

Massive Network

We work directly with Isle of Man authorities to guarantee that every step is streamlined. Our wide network allows us to offer priority order service if you need the visa completed immediately.

Part of Legend Group

Legend Consults is part of Legend Group, a conglomerate of firms founded by a visionary and results-driven businessman. The firm bears the same core principles of knowledge, reliability, and excellence as its sister companies.

Transparent Consultancy

Service Transparency

From consultancy to visa completion, you can trust us to maintain transparency throughout the process, especially initial quotations and final pricing. You pay the amount as disclosed, with no hidden fees.

Ongoing Support

When your visa is secured, we remain committed toward helping your business. We provide continued support by proactively addressing any of your concerns after your successful immigration.

support

Business Marketing

Digital marketing will take your business to greater heights. Our sister company, Legend DigiTech, helps newly formed companies get on par with their competitors through the right marketing strategies.

Citizenship

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