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Countries That Offer a Self-Sponsorship Visa for Entrepreneurs

Several countries offer self-sponsorship visas or entrepreneur visas that allow individuals to move and start a business without requiring a traditional employer or sponsor. These visas typically require proof of business experience, financial investment, and a viable business plan. Here are some options:

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1. United Kingdom – Innovator Founder Visa

The Innovator Founder Visa is designed for entrepreneurs who want to establish an innovative business in the UK. This visa replaced the previous Innovator Visa and Start-up Visa, making it more accessible to self-sponsored business owners.

 

Key Features

No Minimum Investment Requirement – Unlike the old Innovator Visa (£50,000 investment), you only need a viable business plan.

Pathway to Settlement – You can apply for Indefinite Leave to Remain (ILR) after 3 years.

Work Flexibility – You can do some additional work outside your business if it remains the primary focus.

Visa Duration – Initially granted for 3 years, renewable.

 

 

Eligibility Requirements

To qualify, you must:

  1. Have an innovative, viable, and scalable business idea – Your business must be new, unique, and have growth potential.
  2. Get an Endorsement – You need approval from an endorsing body, such as a business incubator or investor.
  3. Meet the English Language Requirement – At least B2 level in speaking, reading, writing, and listening (IELTS or equivalent).
  4. Financial Requirement – You must show enough funds to support yourself (£1,270 for the main applicant, plus more for dependents).
  5. Be at least 18 years old.

 

Application Process.

 

  1. Secure an Endorsement – Submit your business idea to an approved endorsing body.
  2. Prepare Supporting Documents – Include business plans, financial proof, endorsement letter, and English language certification.
  3. Apply Online – Submit your visa application.
  4. Attend a Biometrics Appointment – At a visa application center.
  5. Decision Timeline – Usually 8 weeks from the application date.

 

Costs

  • Application Fee: £1,191 (outside the UK) / £1,486 (inside the UK).
  • Healthcare Surcharge: £624 per year.
  • Endorsement Fee: Varies by endorsing body.

 

 

Settlement (ILR) Pathway

After 3 years, you can apply for permanent residency (Indefinite Leave to Remain) if:

  • Your business is still active and growing.
  • You meet at least two of these criteria:
    • Job creation (at least 5 full-time employees).
    • Revenue growth (at least £1M in annual revenue).
    • Market expansion (international customers or partnerships).

After one more year with ILR, you can apply for British citizenship.

 

Who is this Visa Best For?

  • Entrepreneurs with a scalable, innovative business idea.
  • People who want a fast-track route to UK residency.
  • Startups in tech, sustainability, or high-growth sectors.

 

 

 

2. Canada – Start-Up Visa Program

The Canada Start-Up Visa (SUV) Program is designed for entrepreneurs who want to establish a business in Canada. It provides a direct path to permanent residency (PR) and does not require a minimum personal investment, as long as you secure funding or support from a designated organization.

 

Key Features

Permanent Residency (PR) From the Start – Unlike other visas, you don’t need to renew or switch visas; you become a PR directly.

No Minimum Investment Requirement – You only need a commitment from a designated investor, incubator, or angel group.

No Industry Restrictions – Any business sector is allowed as long as it is innovative and scalable.

Fast-Track Work Permit Option – While waiting for PR, you can get a temporary work permit to start working in Canada.

 

Eligibility Requirements

To qualify, you must:

  1. Have a qualifying business – Your business must be innovative, scalable, and capable of creating jobs in Canada.
  2. Secure a Letter of Support from a Designated Organization – You need backing from one of the following:
    • Venture Capital Fund – At least $200,000 CAD investment.
    • Angel Investor Group – At least $75,000 CAD investment.
    • Business Incubator – Must be accepted into an approved program.
  3. Meet Language Requirements – At least CLB 5 (IELTS: Reading 4.0, Writing 5.0, Listening 5.0, Speaking 5.0).
  4. Have Enough Settlement Funds – Must prove financial ability to support yourself ($14,690 CAD for one person, more for dependents).

Application Process

  1. Secure Support from a Designated Organization
    • Submit your business plan to a venture capital firm, angel investor group, or incubator.
    • If accepted, receive a Letter of Support (this is the most crucial step).
  2. Prepare and Submit Application
    • Include business documents, proof of language proficiency, and financial proof.
    • Apply for PR.
  3. Biometrics & Medical Exam
    • Attend a visa center for fingerprinting and a medical exam.
  4. Processing Time
    • 12 to 16 months for PR approval.
    • Work permits (if needed) are processed within 4-6 months.

Costs

  • PR Application Fee: $2,140 CAD (including right of PR fee).
  • Work Permit (if needed): $155 CAD + biometrics fee.
  • Investment or Incubator Fees: Varies by organization (some charge fees for acceptance).

Settlement & Citizenship Pathway

  • After 3 years of living in Canada, you can apply for Canadian citizenship if you meet residency requirements.
  • You must reside in Canada for at least 730 days (2 years) in a 5-year period to maintain PR.

Who is This Visa Best For?

✔ Entrepreneurs with an innovative business idea.
✔ Startups looking for funding and support from Canadian investors.
✔ People who want permanent residency immediately.

 

 

 

3. United States – E-2 Investor Visa

United States – E-2 Investor Visa

The E-2 Investor Visa is a non-immigrant visa that allows entrepreneurs from treaty countries to live and work in the U.S. by investing in a business. It does not lead directly to a Green Card but can be renewed indefinitely as long as the business remains active.

Key Features

No Fixed Minimum Investment – Investment must be “substantial” (typically $100,000+ but varies by business type).
Renewable Indefinitely – As long as the business remains operational and profitable.
Spouse & Children Can Join – Your spouse can apply for a work permit, and children under 21 can study in the U.S.
Faster Processing – Approval within 3-6 months (or 15 days with premium processing).

Eligibility Requirements

To qualify, you must:

  1. Be a Citizen of an E-2 Treaty Country – Only nationals of countries with an E-2 treaty with the U.S. qualify (e.g., Canada, UK, Nigeria does not qualify, but Grenada, Turkey, and some Caribbean countries do).
  2. Make a Substantial Investment – No fixed amount, but typically $100,000+ is recommended.
  3. Own at Least 50% of a U.S. Business – You must have a controlling interest.
  4. Actively Manage the Business – The business cannot be a passive investment (e.g., real estate rentals).
  5. Create U.S. Jobs – Your business must employ U.S. workers, not just support you and your family.

Application Process

  1. Register a Business in the U.S. – Establish a legal entity (LLC, Corporation, etc.).
  2. Invest Your Funds – Transfer capital into the business (before applying).
  3. Prepare Business Documents – Include business plans, financial projections, and proof of investment.
  4. Submit the E-2 Visa Application – Apply through a U.S. embassy or consulate in your home country.
  5. Attend an Interview – If approved, receive a visa valid for 2-5 years (depending on the treaty country).

Costs

  • Application Fee: $205
  • Premium Processing (Optional): $2,805 for 15-day processing
  • Investment Amount: Varies, but generally $100,000+

Renewal & Green Card Options

  • The visa can be renewed indefinitely as long as the business remains profitable.
  • If you want a Green Card, you may:
    • Switch to an EB-5 Investor Visa (requires $800,000+ investment).
    • Find an Employer to Sponsor You for an EB-2 or EB-3 visa.
    • Apply for an EB-1 Visa if your business is highly successful.

Who is This Visa Best For?

✔ Entrepreneurs from E-2 Treaty Countries.
✔ Business owners looking for a lower investment than the EB-5 Visa.
✔ People who want to live in the U.S. while running a business.

 

 

 

4. Australia – Business Innovation and Investment Visa (Subclass 188)

The Subclass 188 Visa is a temporary residency visa for entrepreneurs, investors, and business owners who want to establish or develop a business in Australia. It offers a pathway to permanent residency (PR) through the Subclass 888 Visa after meeting business or investment criteria.

Key Features

Multiple Streams – Options for entrepreneurs, investors, and business owners.
Pathway to Permanent Residency – After 3-4 years, you can apply for the Subclass 888 Visa.
Spouse & Children Can Join – Your family can work and study in Australia.
State or Territory Sponsorship – Required for most streams.

Visa Streams & Requirements

1. Business Innovation Stream

For business owners looking to establish or manage a business in Australia.

  • Minimum Net Assets: AUD 1.25 million.
  • Annual Business Turnover: AUD 750,000 in at least 2 of the last 4 years.
  • Ownership: 30% of a private company (or 10% for public companies).

2. Investor Stream

For those investing in government bonds or managed funds.

  • Investment Requirement: AUD 2.5 million in Australian investments for 4 years.
  • Minimum Net Assets: AUD 2.5 million.

3. Significant Investor Stream

For high-net-worth individuals investing in Australian venture capital.

  • Investment Requirement: AUD 5 million in government funds, VC, or managed funds.
  • No Business Experience Required.

4. Entrepreneur Stream

For start-up founders with an innovative business idea.

  • Funding Requirement: AUD 200,000 from an Australian investor or government entity.
  • No personal investment required.
  • Must be nominated by an Australian State/Territory.

Application Process

  1. Submit an Expression of Interest (EOI) via SkillSelect.
  2. Get a Nomination from an Australian state or territory.
  3. Receive an Invitation to Apply from the Australian government.
  4. Apply for the Visa & Provide Supporting Documents (Business plan, financials, proof of investment).
  5. Wait for Processing (9-24 months, depending on the stream).

Costs

  • Business Innovation & Investor Visa Fee: AUD 9,450
  • Significant Investor Visa Fee: AUD 13,860
  • Additional Costs: State nomination fees, business setup, legal fees.

Permanent Residency (Subclass 888 Visa)

  • After 3-4 years, you can apply for PR if you:
    • Successfully run a business or maintain investments.
    • Meet job creation and financial requirements.

Who is This Visa Best For?

✔ Entrepreneurs and investors with significant capital.
✔ Business owners looking for permanent residency in Australia.
✔ Startups seeking funding through the Entrepreneur Stream.

 

5. Portugal – D2 Entrepreneur Visa

  • For self-employed individuals and entrepreneurs.
  • No strict minimum investment, but business viability is key.
  • Leads to residency and eventually citizenship.

 

 

6. UAE – Green Visa for Freelancers & Entrepreneurs

  • No need for a local sponsor.
  • Available to self-employed individuals and business owners.
  • 5-year renewable residency..

 

 

7. Estonia – Start-Up Visa

  • For innovative businesses with high growth potential.
  • Requires approval from the Estonian Startup Committee.
  • Leads to residency.
  • .

8. France – French Tech Visa

  • For entrepreneurs launching a start-up.
  • Must be incubated in a recognized tech hub.
  • Leads to residency.

 

9. Netherlands – Dutch Start-Up Visa

  • Requires mentorship from an approved facilitator.
  • After one year, can transition to a self-employed visa.
  • Leads to residency..

10. Spain – Entrepreneur Visa

  • For innovative businesses that contribute to the economy.
  • Fast-tracked residency.

 

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