11 March 2019
The Home Office announced that they are introducing two new business visa categories that will replace the Tier 1 (Graduate Entrepreneur) and Tier 1 (Entrepreneur) categories in April 2019. These new business visa categories are Start-up and Innovator categories.
The Start-up visa route will be open to those starting a business for the first time in the UK, while the Innovator visa route will be for more experienced business people who have funds to invest in their business.
Both routes will see endorsing bodies and business experts – rather than the Home Office – assessing applicants’ business ideas. This will make sure that the routes are focused on only the most innovative, viable businesses.