The UK Government Home Office has announced that they want to make more UK visas available to foreign tech entrepreneurs enabling them to set up their businesses in Britain. A new UK startup visa will be launched in Spring 2019.
This current Tier 1 Entrepreneur Visa is difficult to obtain as most people do not have the £200’000 to invest in a business in the UK so this would be a welcome addition. The new UK startup visa should make entry to the UK for business people much easier.
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.”
The home secretary further highlighted the Startup Visa would ensure that the UK continues to attract the best global talent, while cementing the country’s place as a world-leading destination for entrepreneurs.