New immigration routes for the UK
The UK has announced two new immigration routes, the High-Potential Individual route and the Scale-up route which are being introduced to encourage global talent.
High-Potential Individual route
This route aims to allow overseas nationals to come to the UK without a job offer and without being sponsored by an organisation if they can prove high potential. This visa route will be available to those who have graduated from a “top global university.”
The Home Office has not yet defined what is classed as a top global university. Further information is awaited from the Home Office which should outline the requirements for this route.
The scale-up visa route is for those talented individuals to come to the UK if they hold a high skilled job offer from a “scale-up.”
A “scale-up” is defined by the Home Office as a company that can show an average annual revenue (20% or more) over a period of 3 years or employment growth rate of a minimum of 10 employees at the start of the of 3 years.
There will be a minimum salary threshold requirement for this visa.
Under both routes, it is said that individuals will be able to settle in the UK providing they meet certain requirements.
Should you have any queries regarding the above information or if you require assistance with your corporate, employment or immigration matter, please get in touch with a legal professional at Hudson McKenzie via email at email@example.com or by telephone +44(0) 20 3318 5794.
The information provided does not amount to legal advice.