New start up visa for Entrepreneurs

The new start up visa route for Entrepreneurs was announced in the summer of 2018. It will replace the current Graduate Entrepreneur visa which is exclusively for graduates and requires an endorsement from either a UK university or Department of Trade and Industry (DTI).

The Home Office has not yet revealed details of the requirements for the start up visa. What we know so far is that the applicants will require an endorsement from a university OR from a business sponsor, including accelerators. The new visa route is meant to widen the applicant pool of talented entrepreneurs and make the visa process faster and smoother for entrepreneurs coming to the UK. The current visa routes for Entrepreneurs, especially the Tier 1 Entrepreneur visa, have very complex requirements and the refusal rate for Tier 1 Entrepreneur visa is in the region of 50%. The new start up route is therefore awaited with excitement.  

The launch of the visa was due in Spring 2019, however, no details have yet been published by the Home Office. We will provide further updates when the launch date and the detailed requirements are announced by the Home Office.

The note reflects legal position and is for general information purposes only and does not aim to be comprehensive or to provide legal advice. We accept no responsibility for loss which may arise from accessing or reliance on information contained in this blog. For formal advice on the current law please do not hesitate to contact Carter Lemon Camerons immigration team. The specialist team at Carter Lemon Camerons Solicitors can assist you with all immigration and business-related matters. Our years of expertise in these areas mean that we can provide tailored solutions for you. For more details, please contact our immigration team at immigration@cartercamerons.com or +44 (0)20 7406 1000.