Site icon Make Money Online

New UK Self Sponsorship Route

Did you know that there is a new self-sponsorship route in the UK that allows you to move with your family without the need for a job offer or employer sponsorship? This pathway also leads to settlement in the UK, with eligibility for indefinite leave to remain after 5 years.

No Job Needed

One of the main advantages of this new self-sponsorship route is that you do not need a job or job offer from any company to stay in the UK. You can sponsor yourself and your family, providing a great opportunity for those who want to move to the UK independently.

No Minimum Investment Requirements

Unlike other visa routes like the innovator founder Visa, there are no minimum investment requirements for this self-sponsorship route. You can start with the resources you have, as long as you can demonstrate a viable business or plan to support yourself in the UK.

Move With Family

Another benefit of this self-sponsorship route is that you can bring your family with you to the UK. This allows you to stay together and build a new life in the country without the constraints of traditional employment sponsorship.

Lack of Awareness

Many people are not aware of this self-sponsorship route and the opportunities it provides for individuals and families looking to move to the UK. It is a legal and viable option that offers flexibility and independence in the immigration process.

What is Self-Sponsorship Visa?

A self-sponsorship visa is a unique concept in UK immigration that allows individuals to sponsor themselves to come and work in the UK. This route does not require an individual to have a job offer from a UK employer, as they will be sponsoring themselves to work for their own company.

Three Step Process

The self-sponsorship route involves a three-step process. Step one is to incorporate your own company. Step two is to obtain a sponsor license for your company. Finally, step three is to sponsor yourself to work for your own company. This route provides individuals with the opportunity to establish their business in the UK and work for themselves.

Evolution of the Route

The concept of self-sponsorship route has been in existence for at least two and a half years. It has evolved since December 2020 to provide more clarity and guidance to individuals interested in utilizing this route. While it is not a visa, it is a pathway for individuals to come and work in the UK without the need for a job offer from an external employer.

Who is Eligible?

The self-sponsorship route is not suitable for everyone. It is geared towards individuals who have the entrepreneurial drive to establish their business in the UK and sponsor themselves to work for their own company. This route provides individuals with flexibility and autonomy in their work and residence in the UK.

Benefits of Self-Sponsorship Route

One of the key benefits of the self-sponsorship route is the ability to have control over your work and residency status in the UK. Individuals can move to the UK with their families and have the opportunity to apply for Indefinite Leave to Remain (ILR) after five years of continuous residence in the country. This route provides individuals with a pathway to establish themselves in the UK without the need for external job sponsorship.

Qualifications for the Route

This route is only for those who wish to run a gym or start a genuine business in the UK. The key qualification is having a genuine intention to run a business, which makes applicants more likely to be qualified for this immigration route.

Comparison with Other Immigration Categories

When comparing the new self-sponsorship route with the Innovator and Founder Visa and the Skilled Sponsorship route, the biggest difference lies in the Innovator and Founder Visa category. For those visas, the business must be innovative, scalable, and viable, requiring an endorsement from a recognized endorsing body. In contrast, the Skilled Sponsorship route allows literally any type of business to qualify, making it more accessible to a wider range of applicants.

Business Options

For those considering applying for the self-sponsorship route, the possibilities are vast. Almost any type of business can qualify, including consulting services, retail businesses, restaurants, and online ventures. However, it’s important to note that the applicant must have a genuine reason to be physically present in the country to run the business and take it to the next level.

Explanation and Requirements

If you can run that business from abroad, then the home office might question. Why do you have to be here? If you can run it from abroad, why do you need to be here? So we need to provide an explanation, a kind of convincing explanation that the person who owns the business has to be here to run the business. It can be literally any business with no restrictions whatsoever.

This is part of a two-step process called sponsor license and skilled worker visa. One has to pass an English language test at B1 level, which is in IELTS with minimum four bands in its sections: reading, writing, speaking, and listening. If they are coming from an English-speaking country and have done Bachelor or Masters from an English-speaking country, they are exempt. However, in a nutshell, they need to fulfill the English language requirement.

Eligibility Criteria

If someone has a genuine intention to run a business in the UK, the next step is to fulfill and satisfy the English language requirement. The third requirement is the investment criteria which is a common question among applicants.

Investment Criteria

When it comes to how much money is needed to invest, it varies and is very subjective for this immigration route. The potential applicant is usually asked how much money they think they need to run their business in the UK.

Benefits of the New UK Self Sponsorship Route

One of the major advantages of the new UK self sponsorship route is that there is no minimum investment requirement. Unlike previous entrepreneur visas which required investments of 200,000 or more, this new program allows individuals to start a business with as little as 25,000. This flexibility enables entrepreneurs to kickstart their business ventures without having to commit to a significant initial investment.

Simple Requirements

The basic requirements for the UK self sponsorship route are straightforward. The first step involves establishing a business and incorporating a company in the UK. Next, individuals need to obtain a sponsor license for their company in order to qualify for the skilled worker visa. This allows individuals to sponsor themselves through the company they own, a process which has been termed as “self sponsorship”.

Flexibility in Business Operations

By being able to sponsor themselves through their own company, individuals have the flexibility to run their business the way they see fit. They can start generating revenue immediately and use that income to pay themselves a salary and cover business expenses. As long as the business is genuine, credible, and actively trading, individuals can qualify for the self sponsorship route.

Pathway to Settlement

After successfully obtaining the skilled worker visa through self sponsorship, individuals can live in the UK for up to five years. Once the five-year period is completed, they become eligible to apply for indefinite leave to remain (ILR). This pathway to settlement offers a clear timeline for individuals looking to establish themselves and their families in the UK long-term.

Establishing a Company and Applying for Sponsor License

For individuals looking to relocate to the UK through the new self-sponsorship route, one of the key requirements is establishing a company and applying for a sponsor license. This process can often be challenging for applicants, especially if they are unfamiliar with the legal procedures involved.

Challenges Faced by Applicants

After successfully establishing their company and obtaining a sponsor license, applicants may face challenges in proving the genuineness of their immigration intentions to the Home Office. The authenticity of the job role and the reasons for seeking entry into the UK under this specific immigration rule may be questioned, leading to potential delays or rejections.

How Immigration Lawyers Can Assist

Immigration law firms play a crucial role in helping applicants navigate through the complexities of the immigration process. By ensuring that clients meet the genuine requirements of the self-sponsorship route, immigration lawyers help minimize the risk of their applications being questioned or denied.

Providing a One-Stop Solution

Through a network of strategic partners, immigration law firms can assist applicants in establishing their company and meeting the key personnel requirements for the sponsor license application. This comprehensive approach ensures that clients have access to all the resources and support they need throughout the immigration process.

No Minimum Investment Requirement

There is no minimum investment requirement for the new UK self-sponsorship route. Individuals do not need to have a specific amount of money in mind to start the process. However, it is important to understand the expenses involved in moving to the UK.

Living Expenses in the UK

The UK is a developed country with higher living expenses compared to some other countries. Individuals or families moving to the UK under this route need to consider the higher cost of living for at least 6 to 12 months. This is especially crucial if they do not have a solid business plan in place to generate income and sustain themselves financially.

Bringing Family Members

One of the advantages of the self-sponsorship route is that individuals can bring their spouse, partner, or children under 18 with them. However, it is essential to factor in the living expenses for each family member when planning the move to the UK.

Financial Considerations

Considering the living expenses and financial stability in the UK, it is recommended to have at least 450,000 to cover the initial period of relocation and settlement. This amount can vary depending on individual circumstances and the specific needs of the family.

Financial Requirements

One key aspect of the new UK self sponsorship route is the financial requirement. Individuals looking to move to the UK through this route must pay themselves a salary through their own company, with a minimum of 40,000 per year. However, it is important to note that this salary comes with tax obligations such as corporation tax, HMRC taxes, National Insurance, and income tax. On average, this can amount to at least 10,000 to 15,000 per year. Additionally, there may be other expenses related to running the business, such as advertising, marketing, setup costs, and legal fees if hiring a lawyer.

Investment Considerations

Before embarking on the self sponsorship route, individuals must have the financial capacity or budgeting to meet the required investment. It is essential to have a clear understanding of the financial commitments involved in running a business in the UK. This includes not only the minimum salary requirement but also the additional costs and expenses that come with it. Therefore, it is advisable to carefully assess one’s financial situation and ensure that there is a sufficient budget in place to support the business venture.

Genuine Intention to Run a Business

Another important aspect to consider is the genuine intention to run a business through this program. The self sponsorship route is designed for individuals who are looking to establish and operate a business in the UK, rather than simply seeking employment. Therefore, it is crucial to have a clear and genuine intention to run a business and contribute to the UK economy. Those who are considering this route should carefully evaluate their motives and goals to ensure that they align with the requirements of the program.

Genuine Business Opportunity

If you have a genuine business, then the UK self-sponsorship route could be one of the best options for you. This route eliminates the need for a job offer or sponsorship from an employer. Instead, you can establish your own business in the UK and move with your family.

Endorsement Requirement

To qualify for this route, you may need endorsement from an endorsing body like the Innovative Founder Visa. It’s important to note that your business doesn’t necessarily have to be innovative, but it should be genuine and feasible. Additionally, you will need to satisfy the English language requirement to be eligible for this immigration route.

Exploring the Immigration Route

If you meet the criteria mentioned above and are interested in pursuing this immigration route, we encourage you to start exploring your options. You can find more information and complete the necessary forms by following the link provided in the comment or description section. Our team will strive to respond to your inquiries within 24 to 48 hours.

Professional Assistance

Due to the high volume of inquiries we receive, there may be a slight delay in our response. However, we assure you that our professional business relationship team will reach out to you via email. Please remember to check your spam folder and whitelist our email address to ensure you receive our responses promptly. Rest assured, we are here to assist you every step of the way.

Consider Your Eligibility

Before embarking on this immigration journey, take some time to consider your transferable skills, qualifications, and experience. Ask yourself if you genuinely wish to establish a business in the UK and if you are prepared to meet the requirements of this self-sponsorship route. Having a clear understanding of your goals and capabilities will guide you through the application process.

New UK Self Sponsorship Route

The UK government has recently introduced a new self-sponsorship route for individuals wishing to move to the UK without the need for a job offer. This new pathway allows individuals to sponsor themselves and their family members, offering a new opportunity for those who may not have been able to secure a job offer in the past.

No Job Needed

One of the biggest advantages of this new self-sponsorship route is that applicants do not need a job offer in order to apply. This opens up opportunities for individuals who may have struggled to find a job that meets the requirements for a traditional work visa.

Move With Family

Another benefit of the new self-sponsorship route is that applicants are able to move to the UK with their family members. This means that spouses, children, and other dependents can all accompany the main applicant to the UK, creating a smoother transition for the entire family.

ILR In 5 Years

One of the key advantages of the new self-sponsorship route is the possibility of obtaining Indefinite Leave to Remain (ILR) in the UK after just 5 years. This offers a clear pathway to settlement for individuals and their families, providing long-term security and stability in the UK.

Overall, the new UK self-sponsorship route offers a unique and attractive opportunity for individuals and families to establish themselves in the UK without the need for a job or employer sponsorship. With the potential for settlement after 5 years, this pathway is worth exploring for those interested in moving to the UK.

New UK Self Sponsorship Route, No Job Needed, Move With Family, ILR In 5years

Exit mobile version