New start-up visa for talented entrepreneurs

New application process to be made faster and easier for a wider pool of talents

This new route, announced during London Tech Week, is said to replace the Tier 1 (Graduate Entrepreneur) visa route that has been exclusively for graduates as could be seen by its name. The start-up visa will apply to a wider pool of talented business founders, even those without a university degree, that will create more jobs and drive economic growth. This faster and smoother route will launch in spring 2019.

It is all part of the UK government’s commitment to remain a world-leading destination for the best global talent and a global leader in tech and innovation.

While the Tier 1 (Graduate Entrepreneur) route requires graduates to be endorsed by the Department for International Trade (DIT) or an authorised UK higher education institution, the new start-up visa will require an endorsement from a university or approved business sponsor, including accelerators.

There are yet many clarifications to be made and changes confirmed but the new route is sure to benefit more talented migrants.