Isle of ManStarting a business
Explore the five recorded questions, answers and sources for this pathway.
This route is for a person who wants to set up a business in the Isle of Man.
You can apply for a Start-up visa if: You want to set up a business in the Isle of Man
The business or business idea must be assessed by the Department for Enterprise (the only endorsing body in the Isle of Man for the Business Migrant route), which provides a Letter of Endorsement if the business is viable; the Letter of Endorsement must be provided with the application.
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 and is responsible for issuing the Letter of Endorsement you will need to support your visa application.
Before you apply you need to have your business or business idea assessed by the Department for Enterprise. They will provide you with a Letter of Endorsement if your business is viable.
When you apply you need to provide a Letter of Endorsement issued by the Department for Enterprise of the Isle of Man Government
The applicant must have held at least £945 in their bank account for 90 consecutive days before applying; money from investment funds or from illegal work in the Isle of Man or UK cannot be used to meet this. The official page states no investment-fund amount for the Start-up route.
You need to have had at least £945 in your bank account for 90 consecutive days before you apply.
You cannot use either of the following to support yourself: Money from your investment funds Money earned while working in the Isle of Man or the UK illegally
The holder may bring family members and work in another job as well as working for the business. The holder cannot get public funds, work as a doctor or dentist in training, or work as a professional sportsperson (e.g. sports coach).
You can: Bring family members with you
Work in another job, as well as working for your business
You cannot: Get public funds Work as a doctor or dentist in training Work as a professional sportsperson, for example a sports coach
A single Start-up visa grant lasts 2 years 4 months and cannot be extended. Separately, if the endorsement is withdrawn and the holder is granted a new Start-up visa with a new endorsement, total stay across Start-up visas is capped at 2 years.
You can stay in the Isle of Man for 2 years 4 months on a Start-up visa.
You cannot extend this visa.
You can only stay for a total of 2 years even if you’re granted a new visa with a new endorsement.
These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.
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Not legal advice. No eligibility verdict or ranking. Check the linked sources before applying.