|Tier 1 Graduate Entrepreneur|
This route is for graduates who have been identified by participating Higher Education Institutions as having developed world-class entrepreneurial ideas or skills to extend their stay in the UK after graduation in order to set up a business in the UK.
The business can be as a sole trader, a partnership or a company registered in the UK. There can be more than one business.
Graduate Entrepreneurs can switch into the Tier 1 Entrepreneur category and need only show £50,000 of investment funds (but will be required to show the normal maintenance funds).
There is a limit of 2,000 places for the year from 6 April 2015: 1,900 places will be allocated to qualifying Higher Education Institutions and 100 places will be allocated to UK Trade and Investment. The places are now open to graduates of all disciplines, previously 1,000 places were allocated for MBA graduates, however this rule has since been removed.
The places are divided equally between participating institutions, (these must be highly trusted sponsors under Tier 4, or A rated Tier 2 and 5 sponsors if a Tier 2 and 5 sponsor licence is held) up to a maximum of 20 endorsements per institution. In order to qualify institutions must confirm that:
An applicant cannot apply for entry clearance in this capacity and must already be in one of the following immigration categories in order to be able to switch into the graduate entrepreneur category in the UK:-
An applicant who has previously had leave as a as a Tier 1 (Graduate Entrepreneur) Migrant cannot extend the leave under this category on more than 1 occasion.
Requirements for leave to remain
To qualify for leave to remain as a Tier 1 (Graduate Entrepreneur) Migrant, an applicant must:-
(i) score 75 points for Attributes under Appendix A
The applicant will need to request an endorsement from a Higher Education Institution approved by the Home Office. Approved UK Higher Education Institutions can be found on the Home Office website.
The applicant must score 75 points under the following criteria:-
Endorsed by an approved UK Higher Education Institution – 25 points
2. English language
If the applicant scores 75 points for Attributes they will automatically score 10 points under the English language requirement
3. Maintenance funds
An applicant will need to show maintenance funds of £945 from 01 July 2014 for a consecutive 90-day period ending no more than one month before the date of application.
Endorsement by UK Trade and Investment (UKTI)
The UK Trade and Investment’s (UKTI) elite global graduate entrepreneur scheme targets the brightest and best entrepreneurs from overseas Higher Education Institutions (HEIs). The UKTI will be working with the best HEIs globally in order to get the best elite graduate entrepreneurs into the UK.
For the year from 6 April 2015 there will be 100 places for those applying under the elite global graduate entrepreneur scheme. In order to be granted a Tier 1(Graduate entrepreneur) migrant visa under the scheme, applicants must meet the following requirements:
Attributes: pass mark = 75 points
English language: pass mark = 10points
If the applicant has a Global endorsement they must provide the specified documents to show they have a good knowledge of English. There are three ways to show they meet the English language requirement. These include:
The applicant can also meet the English language requirement, without the need to provide evidence, if they have ever been given permission to stay in the UK:
Maintenance: pass mark = 10 points
Period and conditions of grant
Leave to remain will be granted for a period of 1 year and will only permitted to work for the business the applicant has established, although they are allowed supplementary employment of no more than 20 hours per week.
An applicant can extend their stay for a further year to a maximum of two years in this category, if they meet the requirements set out above.
An applicant can bring dependants to the UK and dependants already in the UK can apply for further leave as dependants in this category, subject to the dependant maintenance requirements. Dependants will now be allowed to apply from within the UK, as long as they are not here illegally, as visitors, or on temporary admission or temporary release. Details of dependants must be given in the endorsement for the Higher Education Institution.
There would be a full right of appeal against any refusal.
Whatever the case, we are here to assist, advise and represent our clients in relation to any aspect of their immigration matters.