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Everything you need to know about citizenship and residence programs around the globe.
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29 March 2019 is not just a Brexit day; the immigration world is going to remember it because of very drastic changes to the UK Immigration Rules. Let’s see how new rules will affect investor and entrepreneur visa categories.
From 30 March 2019, those coming to the UK to start a business will need to apply in new Innovator and Start-up categories respectively (Graduate Entrepreneur applications will be accepted till 5 July 2019). They are said to be broader and contributing more to the UK economy.
From the point of view of applicants, they will now have to be endorsed by UK trusted bodies, e.g. government agencies, universities, etc. It means that all business ideas will be evaluated as to how innovative, viable and scalable they are. Moreover, the applicants will need to stay in touch with their endorsing bodies to show the progress of their business.
Besides, an English language requirement has gone up from B1 to B2 level.
This route will be open for applicants who intend to establish a new business for the first time in the UK. Key features of this visa:
After 2 years, possibility to switch to the Innovator visa
In contrast to the Start-up category, this visa will be open to more experienced entrepreneurs. Key features of this visa:
Route leading to settlement in 3 years
This route will not be cancelled; it will remain open to affluent foreign individuals who wish to invest at least £2 million in the UK. Key changes include:
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