UK Home Secretary Announced New Start - Up Visa Route
18 Jun 2018
Great News for Entrepreneurs
The Home Secretary has announced people who aspire to begin a business in the UK now able to apply for a current “start-up” visa.
The current route declared while London Tech Week, will broaden the talented entrepreneur's applicant pool and make smoother and faster visa process for entrepreneurs who are coming to the UK. It will substitute a visa route which was entirely for graduates, beginning it up to a broader pool of founders of the talented business.
It will need candidates to have received an endorsement from the approved business sponsor or a university, including accelerators.
Entrepreneurs play a crucial role in generating jobs and stimulating the growth of the economy in the UK, and the revisions announced today will assure the UK remains a world's most significant destination for the expert global talent.
This visa route has been planned following consultation from the Migration Advisory Committee and feedback from the other stakeholders and tech sector.
Sajid Javid, Home Secretary, said:
The UK can be satisfied that we are the best country when it comes to innovation and technology, but we need to do more further to bring businesses to the UK, and our migration system acts a vital part in that.
That’s why I am happy to declare a new visa for people who are interested in starting a business in the UK. It will support to assure we remain to bring the best global talent and manage the UK’s position as a leading destination in the world for entrepreneurs and innovation.
This initiative develops on other modern reforms to the system of visa – including multiplying the number of visas possible on the Outstanding Talent route to 2,000 per year – and shows the government’s responsibility to make the UK a dynamic, welcoming, trading nation globally.
The extended route will begin in 2019 Spring, and further features will be declared in due course.
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