The UK Chancellor of the Exchequer, Rishi Sunak, presented the Autumn Budget 2021 and Spending Review to Parliament on Wednesday 27th October. The Budget contains some important details about proposed changes coming soon to the UK’s immigration system.
1. A new Scale-up Visa
The government is launching a new Scale-up Visa. Its purpose is to help “the UK’s fastest-growing businesses” access overseas talent.
When will the new Scale-up Visa launch?
The new Scale-up Visa is scheduled to launch in spring 2022.
Who will be able to apply for the new Scale-up Visa?
The Budget states that the visa will be open to applicants who:
- Pass the language proficiency requirement
- Have a high-skilled job offer from an eligible business
- Have been offered a salary of at least £33,000 with the job offer mentioned above
When can I apply?
There are no further details about the new Scale-up Visa. Woodcock Law & Notary Public will bring you the latest when further information is released. Follow us on social media to keep up to date with the latest immigration news.
2. A new Global Talent Network
The UK government will be launching a Global Talent Network (GTN), “to bring highly skilled people to the UK in key science and technology sectors”. GTN will work with businesses and research institutions to identify skills that are needed in the UK and to source the talent from overseas.
When does the Global Talent Network launch?
The Global Talent Network will launch in 2022. It will initially launch in the Bay Area and Boston in the US, and Bengaluru in India.
Will there be support for those who move from overseas to the UK?
The Global Talent Network will provide a concierge service to support those moving to the UK.
3. Department for International Trade (DIT) Global Entrepreneur Programme
The government has said that it will maintain the Department for International Trade (DIT) Global Entrepreneur Programme. This programme will allow an extra 100 highly skilled entrepreneurs to come to the UK every year.
This blog is for informational purposes only. Woodcock Law & Notary Public will bring you the latest changes and updates when further information is released. Follow us on social media to keep up to date with the latest UK immigration news.
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