Last Updated on December 10, 2024
Key Points
- The High-Potential Individual route allows recent graduates from top global universities to reside in the UK without a job offer. This allows them to search for a job while living in the country.
- The Scale-up route allows foreign nationals with high-skilled jobs from a designated scale-up business who meet the salary requirements to enter the UK. Scale-up businesses must prove an annual average revenue or employment growth rate over three years greater than 20% with no less than 10 employees at the start of the three years.
- For the Revitalized Innovator route, applicants must prove their status by showing their business venture is innovative, has the potential to grow, and adds value to the UK. The applicants do not need GBP 50,000 investment funds to apply through the innovator route. Accepted applicants from the Global Entrepreneur Program automatically qualify for the revitalized innovator route.
Overview
The UK government recently released its Innovation Strategy, which includes the Home Office’s new immigration routes. These routes should enhance the UK immigration system and create jobs in the country.
What are the Changes?
These additions to the UK immigration routes will ultimately encourage more people to reside and work in the UK.
Looking Ahead
These changes to the immigration routes attract global labor market to the UK, by making it easier and more attractive to establish a business.
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Content in this publication is not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an Envoy-affiliated attorney or another qualified professional.
