Start a business in the UK after graduation with Tier 1 (Graduate Entrepreneur) Visa
The Tier 1 Graduate Entrepreneur visa category allowed international graduates with a viable business plan to come to the UK to set up a business. This category is now closed to new applications but current holders of Tier 1 (Graduate Entrepreneur) Visa can still apply for extension and Indefinite Leave to Remain (settlement) under this category.
The UK government’s changes to some aspect of the Immigration Rules announced on 7 March 2019 came into force on 29 March 2019.
The end of the Tier 1 (Entrepreneur) Visa and Tier 1 (Graduate Entrepreneur) Visa categories were replaced by two new categories:
- Start-Up Migrant Visa
- Innovator Visa
More information will be shortly available on our website.
However, current holders of Tier 1 (Graduate Entrepreneur) Visa can still apply for a one-year extension under this category.
You previously could apply for a Tier 1 (Graduate Entrepreneur) Visa if you wished to establish one or more businesses in the United Kingdom after your graduation. You needed to be identified by Higher Education Institutions as being a person who had developed world class innovative ideas or entrepreneurial skills.
Your time on a Tier 1 (Graduate Entrepreneur) Visa will not count towards your Indefinite Leave to Remain (Settlement) application, however, you can switch into Start-Up Migrant Visa or Innovative Visa.
Tier 1 Graduate Entrepreneur Visa: Current Status
The Tier 1 Graduate Entrepreneur Visa was discontinued for new applicants in 2019. However, if you currently hold this visa, there are still pathways available to you:
Extension: You may be eligible to extend your Tier 1 Graduate Entrepreneur Visa. Your endorsing body will determine if you meet their ongoing criteria for sponsorship.
Settlement (ILR): It’s important to note that time spent on the Tier 1 Graduate Entrepreneur Visa does not count towards your qualifying period for Indefinite Leave to Remain (ILR, or settlement). However, you may be able to switch your visa to one that does allow you to eventually qualify for settlement.
Act Now: If your Tier 1 Graduate Entrepreneur Visa is nearing expiry and you haven’t yet explored extension options, it’s crucial to act quickly. Failure to extend your visa in a timely manner could lead to complications with your immigration status.
What Are My Options?
The UK Government replaced the Tier 1 Graduate Entrepreneur Visa with two new categories designed for entrepreneurs:
Start-Up Visa: This visa is intended for those starting a new business in the UK for the first time. It offers an initial two-year stay, with no significant investment funds required.
Innovator Visa: Geared towards more experienced entrepreneurs, this route requires a minimum investment of £50,000 in your business idea. It also offers a two-year initial stay, with a potential pathway to settlement after three years.
Switching Options
It may be possible to switch from your Tier 1 Graduate Entrepreneur Visa to either the Start-Up or Innovator Visa. The eligibility criteria and process can be complex, so it’s essential to seek professional guidance before initiating a switch.
How Can Barar Associates Help with New Applications or Switching?
The closure of the Tier 1 Graduate Entrepreneur Visa and the introduction of new pathways create a complex landscape for entrepreneurs.
At Barar Associates, we specialize in UK immigration law, particularly in the ever-evolving post-Brexit environment. Here’s how we can help you:
Eligibility Assessments
Whether you’re considering a fresh Start-up Visa application or investigating a switch from your Tier 1 Graduate Entrepreneur Visa to the Innovator category, we’ll conduct a thorough assessment of your circumstances.
This personalised evaluation goes beyond basic criteria, helping ensure you choose the visa with the highest chance of success.
Expert Assistance for Switching
Switching visa categories requires careful adherence to specific requirements and tight deadlines. Our team understands the nuances of the process, helping you avoid costly missteps or delays.
We’ll manage the paperwork and guide your transition from your current visa to your chosen path smoothly and efficiently.
General Guidance & Support
UK visa applications demand attention to detail and clarity of information. We offer comprehensive support by reviewing your documents, clarifying requirements in context to your situation, and providing answers to your individual questions at every stage of the process.
Your Immigration Specialists
Our clients trust our deep experience in all aspects of UK immigration law. We stay up-to-date on the latest changes and how they might affect your circumstances. This expertise ensures we provide the most tailored and effective support, regardless of your starting point or desired outcome.
Why Choose Barar Associates?
We understand that your visa isn’t just about paperwork – it’s about realizing your entrepreneurial ambitions in the UK. We’re more than legal representatives; we’re committed to helping you build your business future with confidence.
Our core focus on speed, clarity, and quality translates into a smoother experience and a better chance of achieving your goals.
Frequently Asked Questions
The changes to the Tier 1 Graduate Entrepreneur Visa likely raise many questions. Here are some of the most common concerns, along with general guidance. Remember, it’s always best to seek personalized advice from immigration professionals for your specific circumstances.
Can I bring my family with me if I switch to a Start-up Visa or Innovator Visa?
Yes, both the Start-Up and Innovator Visas allow you to bring dependents, including your partner and children. However, eligibility requirements and the application process for dependents can differ slightly from your own.
What happens if my business idea changes while on a Start-Up or Innovator Visa?
Both visas require you to work on the business plan approved by your endorsing body. Significant changes to your idea may require you to re-apply or discuss modifications with your endorsing body and the Home Office. It’s advisable to consult an immigration specialist if you foresee major business shifts.
I’m not sure if I’m eligible for either the Start-Up or Innovator Visa. What should I do?
Assessing your eligibility is an essential first step. Barar Associates offers eligibility assessments to help you understand your options and make informed decisions. These consultations go beyond basic online resources for a more in-depth analysis of your situation.
Can I switch to a different type of visa later on?
Potentially, yes. Depending on your business’s progress and personal circumstances, you might later become eligible for other UK visa categories. This is where the challenge of immigration law comes into play, and professional guidance is invaluable for future planning.
The process seems overwhelming. Where do I start?
The best way to start is by contacting the immigration specialists at Barar Associates. A consultation will help clarify your options and give you a roadmap for the next steps.
Please bear in mind that these answers are intended as general guidance. Immigration rules are subject to change, and your individual situation will always dictate the most accurate and up-to-date advice.
If your Tier 1 Graduate Entrepreneur Visa is expiring, or you’re considering new opportunities under the Start-Up or Innovator Visa categories, don’t delay.
Timely action is crucial to ensure a smooth transition and avoid potential complications. Let’s discuss your situation – Barar Associates offers free initial consultations to help you understand your options and chart the best path forward.
Our expertise in UK immigration law gives you the confidence that you’re making informed decisions about your entrepreneurial future. Contact us today on 0207 487 8370 to schedule your consultation.
