In the February 2021 Budget, the Chancellor announced plans to introduce an elite points-based visa with a ‘scale up’ stream, enabling those with a job offer from a recognised UK scale up to qualify for a fast track visa.
This was built on in the October 2021 Budget and announced that this visa will launch in spring 2022.
This new route is likely to be of particular interest to organisations operating in the FinTech sector who have typically struggled with skills shortages in the UK.
Given the fast pace of change, we would stress that this information is designed to be informative, not advisory and represents our understanding of English law and practice as at the date indicated. We would always recommend that you should seek specific guidance on any particular legal issue.
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