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UK government announces new start up visa route

19 June 2018 #Immigration #Inward Investment


Last week, Home Secretary Sajid Javid announced plans to introduce a new start up visa for entrepreneurs. The new start up visa will launch in Spring 2019 and is expected to replace the Tier 1 Graduate Entrepreneur scheme. The announcement was made during London Tech Week and the government hopes a simpler visa route will create a favourable environment for entrepreneurs.

To be eligible, applicants will need an endorsement from a university or approved business sponsor, including accelerators. The application process in itself is expected to be “faster and smoother”.

Commenting on the visa route, the Home Secretary said:

“The UK can be proud that we are a leading nation when it comes to tech and innovation, but we want to do more to attract businesses to the UK and our migration system plays a key part in that.

That’s why I am pleased to announce a new visa for people wanting to start a business in the UK. This will help to ensure we continue to attract the best global talent and maintain the UK’s position as a world-leading destination for innovation and entrepreneurs.”

The start up visa route will be designed to encourage more entrepreneurs from around the world to set up a new business in the UK as the country prepares for Brexit.

Clarkslegal, specialist Immigration lawyers in London, Reading and throughout the Thames Valley.
For further information about this or any other Immigration matter please contact Clarkslegal's immigration team by email at immigration@clarkslegal.com by telephone 020 7539 8000 (London office), 0118 958 5321 (Reading office) or by completing the form on this page.
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