The Home Office has confirmed its plans to introduce a new type of visa for founders of startups in the field of high technology and IT. New visas will replace a visa route which was exclusively for graduates, allowing talented businessmen to start a business in the UK. Also the Home Office noted that the process of visa processing should become smoother and faster.
During London Tech Week Home Office secretary Sajid Javid in his speech 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. That’s why I am pleased to announce a new visa for people wanting to start a business in the UK. This will help to ensure we continue to attract the best global talent and maintain the UK’s position as a world-leading destination for innovation and entrepreneurs”.
New visa route will launch in Spring 2019.