Isle of Man

Isle of Man

Start-Up Visa

🚀 Startup Capital
£945
one-time
No minimum investment required. Must hold £945 in maintenance funds for 90 consecutive days
⏱️ Duration
2 years 4 months, not extendable. Must switch to Innovator Visa at the 2-year mark to continue
👪 Dependants
Yes
Spouse, civil partner, unmarried partner, and children under 18

The Isle of Man Start-Up Visa is a business migration route for first-time entrepreneurs seeking to establish an innovative business on the Isle of Man. It is governed by Appendix X of the Isle of Man Immigration Rules and was introduced in April 2020, replacing the former Tier 1 (Graduate Entrepreneur) category. Unlike the Innovator Visa, the Start-Up Visa requires no minimum financial investment, making it accessible to entrepreneurs without substantial capital. The Isle of Man is a self-governing British Crown Dependency within the Common Travel Area, allowing free movement between the Isle of Man, the United Kingdom, Jersey, Guernsey, and the Republic of Ireland.

Requirements
  • Must be 18 or older
  • Open to all nationalities subject to immigration control
  • Genuine and original business idea assessed as innovative, viable, and scalable
  • Must demonstrate the skills, knowledge, experience, and market awareness to develop the proposed business
  • Letter of Endorsement from the Isle of Man Department for Enterprise
  • No minimum investment required
  • Maintenance funds of £945 held for at least 90 consecutive days, plus £630 per dependant
  • English language proficiency at CEFR B2 level
  • Must not have previously held a Start-Up Visa or UK Innovator Founder/Start-Up visa
Required Documents
  • Valid passport
  • Letter of Endorsement from the Department for Enterprise
  • Comprehensive business plan covering business idea, market analysis, employment structure, wages, premises, marketing strategy, and rationale for Isle of Man location
  • Bank statements showing £945 held for 90 consecutive days (plus £630 per dependant)
  • Proof of English language proficiency (B2 level)
  • Passport photograph
Application Process

The application follows a two-stage process. First, contact the Department for Enterprise to discuss the business plan and apply for a Letter of Endorsement, paying the £1,000 endorsement fee. The Department assesses the business idea against three criteria: innovation (genuine, original idea meeting market needs or creating competitive advantage), viability (applicant possesses or is actively developing the necessary skills and experience), and scalability (structured planning with potential for job creation and growth). If approved, the Letter of Endorsement is valid for 3 months.

Next, submit the visa application online through the UK Visas and Immigration (UKVI) website, pay the £363 visa application fee, and attend a biometrics appointment at a British embassy or visa application centre. Processing takes approximately 6 weeks. Priority (£220) and super priority (£800) services are available.

Duration & Path Forward

The Start-Up Visa grants a stay of 2 years and 4 months and cannot be renewed or extended. At the 2-year mark, holders must switch to the Innovator Visa to continue residing in the Isle of Man. The Innovator Visa then provides a path to indefinite leave to remain (ILR) after 3 additional years and eventually to British citizenship through naturalisation. When transitioning to the Innovator Visa, the £50,000 investment requirement is waived.

Family Members

Spouse, civil partner, unmarried partner, and dependent children under 18 may accompany the primary applicant. Each dependant submits a separate application and pays the £363 visa application fee. Dependants require £630 in additional maintenance funds held for 90 consecutive days. Dependants are permitted to work subject to Isle of Man work permit regulations.

Business Obligations

Holders must spend the majority of working time managing and developing the endorsed business, though other work is permitted if it does not detract from the business. The Department for Enterprise conducts update meetings at least every six months to monitor progress. The business plan must demonstrate how necessary finance will be raised to ensure viability.

In team applications, each co-founder must independently meet all endorsement criteria.

Tax Implications

The Isle of Man has its own tax regime. Income tax is 10% on the first £6,500 of taxable income and 20% above that. There is no capital gains tax, inheritance tax, or stamp duty on real estate. Corporate tax is 0% for most businesses (10% for banking and retail, 20% for income from Isle of Man land and property).

Important Considerations
  • Visa holders must not be absent from the UK and Islands for more than 180 days in any consecutive 12-month period
  • No Immigration Health Surcharge is required, unlike UK applications, saving over £3,000 per adult
  • The Letter of Endorsement expires 3 months after issuance
  • Former holders of a UK Start-Up visa or UK Innovator Founder visa may not be eligible

Links

Other Digital Nomad Visas in Europe

Country
Program
Income
Investment
Funds Required
Capital Required
Duration
Dependants

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Startup Visa

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🇭🇷 Croatia

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🇨🇾 Cyprus

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🇨🇿 Czech Republic

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🇪🇪 Estonia

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🇪🇪 Estonia

Residence Permit for Major Investor

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🇪🇪 Estonia

Startup Visa

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🇫🇮 Finland

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🇫🇮 Finland

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Yes

🇫🇷 France

Carte de Sejour Temporaire Visiteur

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🇫🇷 France

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4 years

Yes

🇫🇷 France

Talent Porteur de Projet — Direct Economic Investment

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Yes

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Talent — International Reputation

4 years

Yes

🇩🇪 Germany

Opportunity Card (Chancenkarte)

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1 year

No

🇩🇪 Germany

Freelance Residence Permit

No fixed statutory minimu...

1 year — 3 years

Yes

🇩🇪 Germany

Residence Permit for Financially Independent Persons

No fixed statutory minimu...

1 year — 3 years

Yes

🇩🇪 Germany

Self-Employment Residence Permit for Business Founders

No fixed statutory minimu...

1 year — 3 years

Yes

🇩🇪 Germany

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Yes

🇬🇷 Greece

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🇬🇷 Greece

Golden Visa (Permanent Residence Permit for Investor)

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🇬🇷 Greece

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🇬🇷 Greece

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🇬🇬 Guernsey

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$273,973

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🇬🇬 Guernsey

Guernsey Investor Visa

$1,369,863

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🇭🇺 Hungary

Guest Investor Residence Permit

$294,118

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🇭🇺 Hungary

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🇭🇺 Hungary

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🇮🇸 Iceland

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🇮🇪 Ireland

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🇮🇪 Ireland

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🇮🇲 Isle of Man

Innovator Visa

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🇮🇲 Isle of Man

Start-Up Visa

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🇮🇹 Italy

Digital Nomad Visa

$29,164 / year

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🇮🇹 Italy

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1 year — 2 years

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Italia Startup Visa

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🇱🇹 Lithuania

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Investor Residence Permit

$588,235

3 years

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3 years

Yes

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3 years — 5 years

Yes

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🇲🇹 Malta

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Yes

🇲🇹 Malta

Malta Retirement Programme

$8,824 / year

1 year — Permanent

Yes

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Nomad Residence Permit

$49,412 / year

1 year — 4 years

Yes

🇲🇹 Malta

Startup Residence Programme

$29,412

3 years — 8 years

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🇲🇹 Malta

The Residence Programme

$17,647 / year

1 year — Permanent

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🇲🇹 Malta

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1 year — Permanent

Yes

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🇲🇩 Moldova

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1 year — Permanent

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🇲🇪 Montenegro

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🇲🇪 Montenegro

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1 year

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🇲🇪 Montenegro

Temporary Residence Permit for Property Owners

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1 year

Yes

🇳🇱 Netherlands

Orientation Year Residence Permit

1 year

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🇳🇱 Netherlands

Startup Residence Permit

$24,494 / month

1 year

Yes

🇲🇰 North Macedonia

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No fixed minimum; must de...

1 year — 3 years

Yes

🇳🇴 Norway

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1 year

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🇵🇹 Portugal

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🇵🇹 Portugal

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1 year

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🇵🇹 Portugal

Golden Visa

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2 years — Permanent

Yes

🇵🇹 Portugal

Job Seeker Visa

$10,729 / month

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🇵🇹 Portugal

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$7,584

2 years — Permanent

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🇷🇴 Romania

Digital Nomad Visa

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6 months — 1 year

No

🇷🇴 Romania

Long-Stay Visa for Commercial Activities

$117,647

1 year — 3 years

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🇷🇺 Russia

Impatriation Residence Permit

3 years — Permanent

Yes

🇷🇺 Russia

Investor Residence Permit

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🇸🇲 San Marino

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🇸🇲 San Marino

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$588,235

10 years — Permanent

Yes

🇸🇲 San Marino

High-Tech Startup Residence

$1

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Yes

🇷🇸 Serbia

Investor Temporary Residence Permit

$58,824

6 months — 3 years

Yes

🇷🇸 Serbia

Property Ownership Temporary Residence Permit

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3 years

Yes

🇷🇸 Serbia

Startup Temporary Residence Permit

1 year — 3 years

Yes

🇷🇸 Serbia

Talent Temporary Residence Permit

1 year — 3 years

Yes

🇸🇰 Slovakia

Temporary Residence for Business Purpose

$33,427

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🇸🇮 Slovenia

Temporary Residence Permit for Digital Nomads

$45,487 / year

1 year

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🇸🇮 Slovenia

Temporary Residence Permit for Other Justified Reasons

$6,974 / year

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🇪🇸 Spain

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1 year — 3 years

Yes

🇪🇸 Spain

International Telework Visa

$33,431 / year

1 year — 3 years

Yes

🇪🇸 Spain

Non-Lucrative Residence Visa

$33,882 / year

1 year — 2 years

Yes

🇸🇪 Sweden

Residence Permit for Job Seeking

Must prove sufficient fun...

9 months — 1 year

Yes

🇸🇪 Sweden

Residence Permit for Highly Qualified Persons

9 months

No

🇸🇪 Sweden

Self-Employment Residence Permit

SEK 200,000 one-time

1 year — 2 years

Yes

🇨🇭 Switzerland

Residence Permit Without Gainful Employment

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1 year — 5 years

Yes

🇺🇦 Ukraine

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🇺🇦 Ukraine

Immigration Permit for Investors

$100,000

Permanent

Yes

🇺🇦 Ukraine

Temporary Residence Permit for Investors

$117,647

2 years

No

🇬🇧 United Kingdom

Global Talent Visa

1 year — 5 years

Yes

🇬🇧 United Kingdom

High Potential Individual Visa

2 years — 3 years

Yes

🇬🇧 United Kingdom

Innovator Founder Visa

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3 years — Permanent

Yes