Home Secretary, Sajid Javid, has just announced that there will be a new visa available to those who wish to start a business in the UK, the Start-up Visa. For the longest time, the Home Office and its guidance has placed barriers for prospective entrepreneurs to enter the UK and proceed with their business venture. The Start-up visa will replace the Graduate Entrepreneur Route and will be open to a wider pool of talented entrepreneurs and business founders. However, as a requirement, applicants must be able to obtain an endorsement from either a university or an approved business sponsor. Nevertheless, the application process will be quicker than all other Entrepreneur Visa applications. The new visa is expected to launch in Spring 2019.
This initiative builds on other recent reforms to the visa system – including doubling the number of visas available on the Exceptional Talent route to 2,000 per year – and shows the Government’s commitment to making the UK a dynamic, open, globally-trading nation.
If you have further questions or / and is interested in this visa, please do not hesitate to contact us on 0330 058 3929.