OPPORTUNITY LIKE NO OTHER
Explore the Isle Of Man Innovator Program & the perks of Innovator Visa
Overview
The Isle of Man Innovator Program is meant for businesspeople who want to start or take over a business on the Isle of Man. This visa helps people with real business experience move to the island to create jobs and grow the economy. Some key points:
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Entrepreneurship: You can start a new business or join an existing one if you have a creative and original business idea.
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Visa Duration: The visa is given for three years. It can be extended, and later you might be able to apply for permanent residence or even British citizenship.
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Favorable Business Environment: The Isle of Man has 0% tax, a simple business setup process, and a safe, friendly community for companies.
Take a look at the Isle Of Man and Douglas - the beautiful capital
(tap on the video twice for fullscreen view)
How Global Migration Hub Helps You
At Global Migration Hub, we make it easier for you to apply for this visa.
Our services include:
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Idea Support: We help you shape your business idea based on your work experience and know-how.
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Business Plan Writing: We create a complete, clear business plan to show your idea is original, viable, and can grow.
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Endorsement Help: We guide you through getting a Letter of Endorsement from the Isle of Man’s Department for Enterprise. This letter is needed to apply for the visa.
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Legal and Visa Application: Our experienced solicitors work with you to prepare your visa application and ensure all documents meet the requirements.
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Ongoing Guidance: We continue to support you after your visa is granted, with help in keeping your business on track and guidance for future visa extensions or settlement.
The Simple Steps in the Application Process
Talk with Us: Start with a free consultation to discuss your background and business idea.
Write a Business Plan: Our experts will work with you to prepare a business plan that explains your idea, how it will work, and how it can create local jobs.
Get an Endorsement: With the business plan ready, we help you apply for and obtain a Letter of Endorsement from the Department for Enterprise.
Submit Your Visa Application: Once you have the letter, our legal team assists you with the online visa application. This includes preparing documents, booking your appointment for biometrics (fingerprints and photo), and paying the fees.
Ongoing Support: After you move to the Isle of Man, we may continue to help you with business and visa extension requirements if needed.
Benefits & Basic Requirements
Benefits:
Lower Investment: You need to show that you have access to £50,000 (it's not required to invest this amount), which is lower than many other visa programs.
Job Creation: You must show your business can create jobs for local residents (for example, at least one full-time job in the first year and three in three years).
Family Friendly: The program lets you bring your family, with extra funds needed to support each dependent.
Path to Long-Term Stay: After three years, you may extend your visa or apply for permanent residence.
Basic Requirements:
Business Idea: Your idea must be innovative and original, addressing an unmet need or gap in the market effectively. It should demonstrate clear potential to stand out and create value where opportunities currently exist.
Investment: You must provide evidence showing you have access to £50,000. This can include funds you’ve already committed to your business. cash that is readily available for use in your venture.
Experience: You need to have sufficient expertise, practical knowledge, and relevant skills to competently manage and operate a business within your chosen field.
English Skills: You must be able to speak, read, write, and understand English to at least an intermediate B2 proficiency level to ensure effective communication in professional and everyday settings.
Financial Self-Sufficiency: You need to demonstrate that you possess adequate financial resources to support yourself independently, typically requiring at least £945, plus additional funds for each family member accompanying you.