5 NEW UK Immigration Visas introduced in 2022 – Expert reveals what is UK Points-Based System

New Introduced UK Immigration Visas

Feb 18 / 2022
06:00 PM – 07:00 PM IST

FREE WEBINAR – 5 NEW UK Immigration Visas introduced in 2022 – Expert reveals what is UK Points-Based System

by The SmartMove2UK

You asked… and we delivered!

The SmartMove2UK is coming up with a FREE WEBINAR to reveal the details on UK’s Points-Based System calculation.

We will also discuss the newly incorporated beneficial programs by the UK in 2022; which allow skilled professionals to work in their country.

They also encourage budding entrepreneurs to set up their innovative businesses in the UK.

UK’s Economy is an advantage because

  • UK’s economy ranks 5th
  • Forecast states UK’s GDP will grow by 4.7% in 2022
  • Britain is likely to regain pre-pandemic levels of GDP in the 1st quarter of 2022

Individuals will have immense development opportunities for their career or business with such potential in the UK.

We will discuss in depth about the these 5 NEWLY introduced UK Immigration Pathways

  • Graduate Visa
  • Youth Mobility Visa
  • Scale Up Visa
  • Innovator Visa
  • High Potential Individual

Our Speaker

Mrs. Falguni Y. Parekh – SRA-regulated solicitor, not practising, The SmartMove2UK

About The SmartMove2UK

  • The SmartMove2UK is a division of The SmartMove Immigration
  • Leading Immigration Law firm in Mumbai established since 2009
  • Specialized in visa solutions for UK, USA, Canada, Portugal, Bulgaria, Ireland, Grenada and Turkey
  • Proud member of the Bar Council of India, The Law Society (UK) and ILPA (UK)
  • High success rate with a Google Rating of 4.7 and Facebook rating of 4.9

LIMITED SEATS – BOOK YOUR FREE SEAT NOW!

Join our FREE webinar to know the latest facts and figures about the best-suited visa route to excel in your career or business.

Phone No : +91 9819 127 002
Email ID : info@smi.legal

Date and time

Feb 18, 2022
6:00 PM – 7:00 PM IST

Location

Zoom

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Startup Visa UK: The route for Graduate entrepreneurs in the UK

Startup Visa UK- the new buzzword in British academia. There has been confusion regarding the future of entrepreneurial options for immigrant students in the UK who are about to graduate soon and have ambitions of utilizing their UK education to launch a business in the UK itself. However, this confusion is a natural and expected symptom in every aspect of UK life in current times, with seismic shifts in its political landscape. Keep an eye on The SmartMove2UK’s Brexit updates.

However, since the reason behind this situation of frequent changes in rules and policy can be pinpointed to Brexit, there is hope. Hope with good reason. It’s only a matter of time before the UK (choice or no choice) regroups and bounces back on the global innovation scene. The deals are not in place now, but they will be.

Predictions of prosperity in such seemingly ‘unprosperous’ times are well backed by the gradual changes the Home Office has brought into the immigration rules of the UK. Like for example, the rule that has cut out a clear path for migrant students who are soon to complete their graduate courses in the United Kingdom: The new Startup Visa.

The Startup visa has replaced the Tier 1 Graduate Entrepreneur Visa – (the Tier 1 Graduate Entrepreneur Visa option for graduate students with business plans ready to launch immediately after their course of study ends). Start-up visa is an extension of the Tier 1 Graduate Entrepreneur Visa in many ways, not just a replacement. A ‘new and improved’ version, if you will.

Some of the highlights of the new Startup Visa UK include:

Application Fee for Startup visa from inside and outside the UK

From March 29, 2019, the UK visa fee for a startup visa entry clearance and leave to remain applications was £363 and £493, respectively. Moreover, the main applicant can also avail a Council of Europe Social Charter (CESC) discount of £55.

A startup migrant can stay in the UK for 2 years

The length of leave for initial applications under the startup visa UK is 2 years. Moreover, the length of leave for an extension application under the startup visa is also 2 years, minus the time already granted in Tier 1 (Graduate Entrepreneur) and Startup categories. Therefore, the maximum time an applicant can spend in the UK under the startup visa is 2 years. If an applicant has already been granted the maximum time in the startup category, then any further application will be refused. However, an applicant can switch from startup to innovator visa

[We will be posting the highlights of this other innovative option for entrepreneurial migrants to the UK in our Innovator Visa UK article tomorrow.

Is the Startup Visa different from the Graduate Entrepreneur Visa, besides the changes in magnitude (of time and money)?

Yes indeed. Here’s how.

There is no Requirement for graduation and funding for a startup visa

Unlike its predecessor, an applicant applying for a startup visa does not need to be a graduate or secure any initial funding. Moreover, a successful applicant may get up to 2-year leave, instead of 1-year under the Tier 1 Graduate Entrepreneur route. Furthermore, after 2-years a startup migrant will have the option to switch to innovator visa under Appendix W for further developing business in the UK.

Back on the up!

For our associates here at The Smartmove2UK (a unit of SmartMove Immigration), these qualities of the startup Visa highlighted above, make it a great statement on behalf of the British government that they want to move forward in the right way. Encouraging innovation, which is precisely what the new Startup Visa UK does, is a sign that a nation is back on its way up.

Furthermore, our associates had indeed written about how the Startup Visa has been a great new option for migrant entrepreneurs to the UK from 2019, way back in June of 2018. Have a look at our recent article on the startup visa here. For information on how you can apply successfully with the help of our legal assistance, fill out the form below and one of our associates will be in touch with you very shortly.

When it comes to UK Visas and Immigration, SmartMove Immigration is always one step ahead of the curve. If you would like to be as well, then drop in your email below to subscribe to regular and relevant updates on immigration rules, news updates, and for the time being, good old fashioned Brexit.

You can find our presence in New Delhi, Bengaluru and Mumbai being our registered office.

For further queries and clarifications, call us on +91 98191 27002 or email us at info@smi.legal and book your consultation appointment.

Think Entrepreneurship in the UK, Think The SmartMove2UK.

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What are the requirements to apply for a UK Start-up Visa 2023?

Disclaimer:

As per the latest statement of changes released by the UK Home Office in February 2023, the UK Start-up Visa will permanently close down from April 2023 for new applications.

In this article we have covered these important points:

UK Start-up Visa: Introduction

Important Notes:

  • The UK Start-up Visa has replaced the Tier 1 Graduate Entrepreneur Visa
  • One of the prime features of the UK Start-up Visa is that, it requires ZERO initial investment funds

In 2019, the UK’s Prime Minister, Theresa May, announced the launch of a new visa category for aspiring entrepreneurs across the world. This new route – the UK Start-up Visa was launched in the Spring of 2019 and focuses on inviting talented individuals with business plans to set up businesses with a Start-up Business Visa UK.

The UK Start-up Visa is a new route for prospective entrepreneurs coming into the UK and those who have an innovative, viable, and scalable business plan.

Theresa May said, “It’s a great time to be in tech in the UK, and our modern Industrial Strategy will drive continued investment, ensuring the nation flourishes in the industries of the future and creating more high-paying jobs.”

The visa is a great opportunity to allow young, spirited minds with the motivation to affect the world in a positive way, to follow through with their entrepreneurial ambitions in a strong economy such as the United Kingdom.

What are the UK Start-up Visa Requirements?

To be eligible for a UK Start-up Visa:

  1. You must be at least 18 years old
  2. You have never owned a business in the UK (unless you previously held leave as a Tier 1 Graduate Entrepreneur)
  3. You will require a Start-up Visa UK Endorsement.[This means, your business plan must be approved by a UK endorsing body, which has evaluated your business idea for innovation, viability, and scalability and is satisfied that you will spend the majority of your working time in the UK developing your business venture]
  4. Your endorsement letter was issued within 3 months of the date of your UK Start-up Visa application
  5. You genuinely intend to and are capable of carrying out any work or business activity listed in your application in the UK
  6. As per the UK Start-up Visa UK English Requirements, you must have at least CEFR Level B2 English proficiency (equivalent to IELTS 5.5 in reading, writing, listening, and speaking)
  7. If you are not from the UK or have only been here for less than a year, you must have at least £1,270 to support yourself, plus £285 for a dependent partner, £315 for a first child, and £200 for each additional child

How The SmartMove2UK can help you apply for a UK Start-up Visa?

The specific requirements for a Start-up Visa UK that you must meet will depend on the circumstances of your case.
For expert advice, we recommend consulting an immigration lawyer.

Keep an eye out for more such UK immigration-related updates!

The SmartMove2UK posts regular updates on the UK Start-up Visa and its requirements.
In the meantime, our expert UK immigration consultants are happy to assist aspiring entrepreneurs looking to migrate to the UK on a UK Start-up Visa.

A detailed overview:

UK Start Up visa by UK Start-Up visa experts in India

Here are 7 latest business statistics of Start-up firms in the UK

Statistics of Start-up firms in the UK for the year 2022

Want to know more about UK Start-up Visa Requirements then you can connect with us on

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