New Scale-Up visa for high-growth companies able to attract exceptional talent to the UK went live from 22 August
The UK’s top high-growth businesses will have greater flexibility and power to entice the world’s top talent through the new Scale-up visa.
UK businesses experiencing impressive success will be eligible to sponsor talented individuals, from scientists and engineers to architects and programmers, to support their growth and contribute to boosting the UK’s economy.
Unlike other sponsored visas, the Scale-up visa allows businesses to employ high-skilled individuals who will receive 2 years’ leave to remain in the UK without requiring further sponsorship or permission beyond the first 6 months.
This will further enhance the government’s overall offer to businesses through the points-based immigration system to hire eligible employees from anywhere in the world. The Scale-up visa will give them 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.
Companies, including small businesses and those in the tech and financial services sectors, 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:
- software developers
- research and development professionals
- financial and investment advisers
Please see more details on this visa category on our website by the following link.
Posted on Aug 22, 2022.