The popular Tier 1 Graduate Entrepreneur Visa scheme is coming to an end on the 6th of July 2019. The visa, which allowed graduates with a strong business idea to start a business in the UK, has been shelved as the Home Office looks to make a raft of changes that affect the business minded visa routes in the UK. As well as the Tier 1 Graduate Entrepreneur Visa, other popular routes such as the Tier 1 Entrepreneur Route have also been replaced.
In this article we are going to look at the options for graduates who are looking to start businesses in the UK, and how you can use these new visa routes as a stepping stone towards a long and fruitful stay in the UK.
The obvious replacement for the Tier 1 Graduate Entrepreneur Visa scheme is the newly announced Start-up Visa. Aimed squarely at graduates and inexperienced entrepreneurs, the scheme allows entrepreneurs without seed funding to get their business idea endorsed. The scheme gives applicants two years leave in the UK to work exclusively on getting their business off of the ground.
As long as your business is successful, you can apply to upgrade your visa from the Start-Up Visa to the newly created Innovator Visa. This new visa offers you the option to continue your business career in the UK with extended options. The Innovator Visa offers entrepreneurs the opportunity to live in the UK for the long-term by allowing them to build up to the 5 years required to apply for Indefinite Leave to Remain.
Of course one of the most frequent questions with the arrival of the new visa route is what happens next?
Fortunately there are still several avenues open to those currently in the UK on a Tier 1 Graduate Entrepreneur Visa. Your options will very much depend on where you currently are, but essentially your options are:
Whatever option you choose, you can speak to one of our immigration experts first to ensure that you take the option that is best for you. Our experienced team can help you to choose between the options available, and can even help with applications and endorsement.
The main change for the new Start-Up Visa is the lack of needing to be a graduate. This change has been introduced to help a new wave of entrepreneurs to enter the UK. With the UK's immigration future somewhat unclear, it has made sense for the Home Office to embrace some changes that will help the British economy in the long-term.
In order to apply (or switch to) a Start-Up Visa, you will need to meet the following eligibility criteria:
As long as you meet this eligibility criteria, you will be able to apply for a Start-Up Visa that will give you up to 2 years leave to live and work (on your business). If your business is successful, you will be able to upgrade to an Innovator Visa. Please note that if at any stage your endorsement is withdrawn, your visa will also be withdrawn.
In order to apply (or switch to) the Start-Up Visa you will need to first get your business idea endorsed by an appropriate body. Once you have this endorsement, you will then need to ensure that you meet the eligibility criteria (as laid out above). If you do satisfy the requirements then you will be able to make an online application. Currently the fee for making such an application is laid out below:
|Who you're applying for||Apply (outside the UK)||Switch (in the UK)|
|If you're a citizen of Turkey or Macedonia||308||438|
|All dependants||363 each person||493 each person|
As well as the fee, you will also need to pay the Immigration Health Surcharge which is currently 400 per year, per applicant. This means that you will have to pay the fee for each and every dependent that you choose to bring with you to the UK.
Once you have made your application you should have an answer within 3 weeks (Home Office workload permitting). If your visa is granted, you will be able to begin working on your business.
Our experienced team is up to date with all of the changes that are currently being made, and can help you to make the right decision when it comes to starting your business in the UK.
If you need more help with the Tier 1 Graduate Entrepreneur Visa, or any of the UK's brand new business immigration visas, then make sure you get in touch with us as soon as possible.
530 ReviewsREAD ALL REVIEWS
Tier 1 Investor Visa - Business Immigration
Investing over 2 million pounds is defintely not a routine decision. We had to make sure that the Tier 1 investor immigration lawyers that we'd be picking has to be one of the best within the Tier 1 investor category. We contacted Reiss Edwards and they were able to get us not only the Tier 1 investor visa but also suggested profitable investment portfolios in addition to what we already had in mind.
Indefinite Leave to remain - UK Settlement and
I am glad that i instructed Reiss Edwards on my visa matter. It started with a 20 minutes free immigration advice. I met with Amar to discuss my ILR refusal. He gave me a great deal of quality advice and decided to take on my messy case. I had doubts on the merits of my case by he was relatively convinced he could win it. That made me quite secure. To be honest, things did not start as quick as I would have wanted, but they kept on communicating the process and state of things to me.A big thank you to Verusha and Foram. They were also very helpful. Brilliant and informative. Their fee was fair and reasonable, especially if you compare them to other law firms and immigration law firms in London; some of whom even told me that i would not be able to get an indefinte leave to remain in this country. The process was long but was worth it. In the end, a big thank you to Reiss Edwards.
Citizenship Application - UK Naturalisation
TI have just had British Citizenship application approved. Prior to making the application, i was not sure which law firm i should hire to facilitate the paperwork. After a few hours of research, i decided to go with Reiss Edwards and i must confess that i wasnt disappointed. The immigration lawyers at Reiss Edwards handled my case well and they really knew what they were doing. They were fully aware of what documents I needed and it was easy for them to tell if my case was going to be easy or not. At the end of the day, I have not received my British citizenship within 3 months. If anyone is looking for a good immigration lawyer to handle thier case, contact Reiss Edwards.
Spouse Visa - Appeals and visa refusals
My wife's spouse visa extension application was refused by the Home Office and they gave her 14 days to leave the country. We contacted Reiss Edwards and they said "OK don't worry we will sort this out". They put together the list of documents for me to obtain and they prepared a bundle which was as thick as the printer it came out from.We followed everything they asked us to do and in the end we won our appeal and got our spouse visa. We can't recommend them enough and we have promised ourselves never to make any more UK visa applications without them.
Immigration Visa - Citizen of United Kingdom
The team of lawyers at Reiss Edwards are very professional and friendly people. Their experience in and around UK immigration law is quite extensive; be sure that you application is in safe and competent hands. My immigration matter was an indefinite leave to remain application based on Tier 1 on a self-employment basis. The immigration lawyers at Reiss Edwards made sure that the application was perfect and ready to be accepted. I got a positive decision and I recommend them highly for anyone who needs a UK immigration help.
UK Settlement Visa
I contacted Reiss Edwards to help me with my wife�s UK settlement visa. They acted with utmost professionalism throughout the entire application. I spoke with Joe Dinh, he is an immigration solicitor and he is one of the best solicitors out there. He ensured that there was little to no room for error. At some point I thought he was over cautious. He remained calmed and continued to assure us on our immigration matter. Most people in his position would have panicked but he was calmed and continued to assure us. We received out positive outcome very quickly.
Cheap Immigration Lawyers in London
I have been using Reiss Edwards for three years now for my family's immigration application. Both for my initial application and extension. They are really affordable. The team of solicitors at this firm are probably one of the most efficient and economical in terms of cost. They offered free advice over the phone and spent good time with us before inviting us for consultation.
Top Notch Immigration Service
Reiss Edwards is a top notch immigration service company. The way they handled our documentation and also the list of documents they sent was efficient and top quality. They helped us professionally throughout the process. We are very happy with the immigration advice we received from the team. We highly recommend them.
Best Immigration Solicitors
I used Reiss Edwards� immigration lawyers to assist with my immigration matter and that of my family. It was an EX1 application. They dealt with the matter properly and even when complications were coming up from the Home Office, they helped resolve the issue properly. They are very professional and are very popular in London. I am happy to have worked with them.
Indefinte Leave to remain - Individual Immigration - UK Settlement
It's a shame that you dont have an 'Excellent' star rating on here, as my experience with Reiss Edwards is nothing short of an excellent rating. They handled my application for an Indefinite Leave to remain in April 2014 and did my husband's one very recently including my daughter. Every time i have approached them, they have continued to treat me with courtesy, respect and patience. Amar was indeed a very thorough and professional gentleman. He is very knowledgeable, corporative and engaging. He responded to my emails, calls and enquiries promptly. He was always reassuring. I could not have asked for a better Immigration service. I would recommend them over and over again for anyone looking for an immigration advice. They gave me a free immigration advice when i called them, and the quality of the advice was something other charge thousands for. If you need a particular, name, Amar would be it. He exemplifies, for me, the true, professional gentleman. He is a valuable asset to Reiss Edwards.
Tier 2 Visa application - UK Work Visas
This is the only firm that i spoke with that didn't ask for money before listening to me, will be using them again.
I used Reiss Edwards for my Tier 2 visa application and it was successful. The team was ever present and happy to answer my question. The caseworker that dealing with my case went on holiday yet by case did not suffer one bit. Another lawyer stepped and took over the case without any hassle.
Tier 1 Investor Visa - Business Immigration
My Tier 1 Investor Visa was dealt with quickly and without issue. Would recommend Reiss Edwards as an Immigration law firm in London. Thank you to the team.