{"id":9467,"date":"2021-08-10T05:50:30","date_gmt":"2021-08-10T05:50:30","guid":{"rendered":"https:\/\/alphamigrationdubai.com\/?p=9467"},"modified":"2022-02-26T11:37:07","modified_gmt":"2022-02-26T11:37:07","slug":"uk-companies-house-update-innovator-visa-changes","status":"publish","type":"post","link":"https:\/\/alphamigrationdubai.com\/?p=9467","title":{"rendered":"UK Companies House Update: Innovator Visa Changes"},"content":{"rendered":"

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The government has published a policy paper<\/a> on the new UK Innovation Strategy. It contains information about two new visa routes that are set to be launched in 2022: \u2018High Potential Individual\u2019 and \u2018Scale-up\u2019. The paper also contains details on changes to the Innovator route.<\/p>\n

High Potential Individual<\/strong>
\nThe High Potential Individual route will be open to applicants who have graduated from a top global university. There will be no job requirement and there will be an option to extend the visa and settle in the UK, unlike with the new Graduate route that launched on 1 July 2021. The government has said it will explore opportunities to expand this route to other categories of high potential.<\/p>\n

Scale-up<\/strong>
\nThe Scale-up route will be open to individuals with a high-skilled job offer from a qualifying scale-up and a required salary level. Individuals will be able to extend their visa and settle in the UK. They will also be able to switch jobs or employers. Scale-ups that can demonstrate an average revenue or employment growth rate of more than 20% over a three-year period and at least 10 employees at the start of the three-year period will be able to expediate their verification process to use this route.<\/p>\n

Innovator<\/strong>
\nThe government has also announced plans to \u201crevitalise\u201d the Innovator route. The following changes have been set out in the UK Innovation Strategy:<\/p>\n