The UK is launching a ‘startup visa’ to entrepreneurs to launch businesses in the country, according to a report by Independent.
A startup visa programme targets immigrant entrepreneurs with the skills and potential to build businesses in a guest or host country that are innovative; can create jobs; compete on a global scale and are sustainable.
According to the report, the new route will make the visa process faster and smoother for entrepreneurs coming to the UK, the department said.
Startup visas will launch in 2019 and applicants will need to be endorsed by a university or approved business sponsor.
The new visa option has been designed following advice from the Migration Advisory Committee and feedback from the tech sector among others.