In a bid to attract world’s top talents, the UK government has introduced new Scale-up visa and pointed out ‘it will help the country's top high-growth businesses to attract skilled professionals, including scientists, engineers, architects, programmers, to work for them.’
Using the Scale-up visa, businesses, now, will be able to employ skilled individuals who will receive 2 years’ leave to remain in the UK without requiring further sponsorship or permission beyond the first 6 months.
“The Scale-up visa will give them (businesses) greater flexibility to hire, often in-demand, talent they need so they can go to the next level, while boosting the UK’s high-skilled pool," the UK government said earlier this week.
The Scale-up visa is mainly a “fast-track” immigration route that does not require the time, expense and responsibility of obtaining a sponsor licence to invite someone to the country. Earlier this year the Home Office hinted about the Scale-up visa in its policy paper, stating, “in Spring 2022 we will also introduce a new, unsponsored points-based route to attract the brightest and best to the UK, with a particular emphasis placed on the very high skilled and academically elite.”
To immigrate under the Scale-up visa, an individual will require a “high skill” job offer from a UK employer for which the minimum salary requirement is £33,000. It needs to be pointed out here, £33,000 will be a lower salary threshold than that required by many of the Skilled Worker occupations commonly employed by Scale-ups.
For the uninitiated, under the UK’s points-based immigration system, to come to the UK via the Skilled Worker route, IT analysts and systems designers must be paid the going rate of £36,600 unless they have other tradeable points that make up for being paid less, a report said.
Scale-up visa is a part of the UK’s points-based system for immigration. Currently, a high-skilled job with a minimum paycheque of £33,000 and English language proficiency are announced to be the only requirement for obtaining this visa.
The government notified that companies that have achieved growth of 20% or more in either employment or turnover year-on-year for at least 3 years and employed a minimum of 10 people at the start of the 3 years will be eligible to sponsor talented individuals through the Scale-up visa.
Eligible businesses will be able to attract highly skilled talent including, scientists, engineers, programmers, software developers, research and development professionals, economists, architects, technicians, financial and investment advisers.
Currently, there are 33,445 firms with 20% annual increase in growth of employees or turnover in 2019, employing 3.2 million people and generating a total turnover of £1.1 trillion
People on a Scale-up visa will be able to change jobs and employers. Their visas should be extendable, so it is likely there will be a route to settlement. However, there is not yet any announcement regarding whether family members join applicants.
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