NEW Tier 1 Start-Up Visa (March 2019)
In 2018, when Sajid Javid made this announcement, it was unclear if this new visa would, in fact, replace the Tier 1 Graduate Entrepreneur Visa. However, it is now evident that the Graduate Entrepreneur visa programme will be closed from 6th July 2019 (people can still apply to this until the 5th July 2019).
The new Tier 1 Start-up Visa category has been described as an expanded version of the Graduate Entrepreneur visa route. The visa will be available to anyone who is going to, for the first time, start a business in the UK. If you are an approved applicant, you will be granted a visa for two years and will be able to switch to the new Tier 1 Innovator Visa (discussed further below) which will allow you to continue to work and have your business in the UK.
The Start-up Visa is for new entrepreneurs who are starting a business in the UK for the first time. Those applying will not need to have any funds to invest in their business and must not have previously set up a business in the UK.
Those applying will be granted leave for 2 years and will be permitted to bring can your family members (spouses/partners and children under 18) to the UK.
During this 2 year granted period of leave, those who apply will spend the majority of their time working on their businesses but you will also be allowed to take on other work to support yourself. At the end of 2 years, If you are a Start-up Visa holder, you will be able to switch to the Innovator Vusa to extend your stay and develop your business further in the UK.
For more information on how to get started on acquiring a Tier 1 Start-up Visa please contact us, Gulbenkian Andonian Solicitors. We can help you with all the relevant documentation surrounding this application process and advise you on the best avenues to take with regards to your specific application.
Why choose Gulbenkian Andonian for your UK Visa needs?
Established in 1985, our firm has the reputation of being the best immigration law firm in London and one of the top immigration law firms in the UK. We have over 30 years of experience and are listed in the legal 500 Hall of Fame. We have a team of specialist lawyers and support staff of great ability and experience. To cater for our clients varied legal services needs we also offer them legal advice on other areas of law namely property, commercial, civil litigation, employment, intellectual property and wills and probate.