People who want to start a business in the UK will be able to apply for a new “start-up” visa, which will be launched in Spring 2019, The Home Secretary has announced.
The new route, announced during London Tech Week, will widen the applicant pool of talented entrepreneurs and make the visa process faster and smoother for entrepreneurs coming to the UK. It will replace a visa route which was exclusively for graduates, opening it up to a wider pool of talented business founders.
Entrepreneurs play a key role in creating jobs and driving economic growth in the UK and the changes announced today will ensure the UK remains a world-leading destination for the best global talent.
The Home Secretary, Sajid Javid, said:
The UK can be proud that we are a leading nation when it comes to tech and innovation, but we want to do more to attract businesses to the UK and our migration system plays a key part in that.
That’s why I am pleased to announce a new visa for people wanting to start a business in the UK. This will help to ensure we continue to attract the best global talent and maintain the UK’s position as a world-leading destination for innovation and entrepreneurs.
With the Brexit is looming around the corner, the UK wants to become leader in tech and innovation, by attracting business startups and accelerators.
Source: GOV.UK
