The UK government is modernising its immigration system with the aim of bringing highly skilled talent into the country. To do this, three different types of visa have been introduced. Read on to learn the details…
The purpose of a Scale-Up Visa is to accommodate companies experiencing massive growth, helping to hire highly skilled labour from different parts of the world using this fast-track service to bring them over to the UK.
To qualify for this, applicants need to have:
- A high-skilled job offer from a scale-up company
- A minimum salary of £33k
- Met the English language requirement
Similar to the Skilled Worker Visa, this visa is also part of the points-based immigration system, although applicants don’t require an official sponsor whereas someone on the Skilled Worker Visa requires one.
A scale up company refers to any business that has experienced 20% growth in average annual revenue in a 3-year period, and it had at least 10 employees at the start of that period. This qualifies them to apply for the scale up status.
High Potential Individual Visa
This visa is to attract people with high potential who have graduated from top universities worldwide. This allows people to come to the UK without a job offer.
In terms of what classes as a top university, the lines are still a little blurred, especially in what constitutes a high potential individual. However, it is clear that a top university means an institution with a good reputation and government approved. An applicant’s age, grades, and qualification will play a large part in qualification.
Global Business Mobility Visa
This makes it easier for businesses to transfer employees from other countries over to the UK. It allows entrepreneurs to kick-start their businesses in the UK with relative ease. It allows them to:
- Carry out intra-company transfers
- Establish branches or subsidiaries
- Bring employees to the UK for short-term assignments
We hope this blog has clarified the recent visa changes. Please get in touch with us if you have any questions, we’d be more than happy to help.