The Home Secretary has announced plans to introduce a new UK Start Up Visa in around Spring 2019. The new visa is designed to cater for foreign nationals who wish to start a business in the UK. It is anticipated that the new start-up visa route will replace the current Tier 1 Graduate Entrepreneur scheme.
Although full details have not yet been released, it is understood that in order to qualify, applicants will be required to have received an endorsement from a university or an approved business sponsor (i.e. an organisation that facilitates start-ups and is endorsed by the UK Department for International Trade).
For further details please contact our immigration team.
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