Business Migrant – Innovator visa
Business Migrant – Innovator visa is a residence route in Isle of Man (Entrepreneur). Endorsement by IoM Department for Enterprise (only endorsing body); ≥ £50,000 investment funds for new business; English; maintenance funds. 3 yrs, unlimited extensions, ILR after 3 yrs. No health surcharge. In-island extension £1,693, ILR £3,226.
Entrepreneur and startup residence routes →Requirements at a glance
The minimum qualifying investment is about CHF 53'500. There is no minimum stay to keep the permit. Spouse and children can usually be included. Permanent residence: after 3 years. Citizenship can be possible after about 5 years.
How holders are taxed
IoM income tax 10%/22%, optional cap £220k/yr (elected for 5 yrs); no CGT, IHT, wealth tax
Next steps
Check the official page for the current rules and fees, compare this route with the other programmes on the interactive map, and talk to a licensed immigration lawyer or authorised agent before applying.
| Category | Entrepreneur |
|---|---|
| Investment | CHF 53'500 |
| Fees (family) | CHF 4'400 |
| Income / yr | — |
| Assets | — |
| Min. stay | 0 |
| PR | 3 |
| Citizenship | 5 |
| Work | ownBusiness |
| Eligible | all |
| Tax | IoM income tax 10%/22%, optional cap £220k/yr (elected for 5 yrs); no CGT, IHT, wealth tax |
| As of | 2026-10 |
General information only — not tax, legal, immigration, investment or financial advice, and no client relationship. Figures are simplified, indicative and may be out of date. Always verify with the official authority and a licensed professional in the country concerned before acting. Partner links, if any, are marked and may earn us a fee.