Entrepreneur visas have been in the news this week on both sides of the Atlantic – in Canada a new Start-Up Visa has just been announced, while here in the UK new rules relating to the Tier 1 (Entrepreneur) immigration category came into effect.
On January 28, Canada’s Citizenship, Immigration and Multiculturalism Minister Jason Kenney announced that a new Start-Up Visa would be launched on April 1 this year. This will create a route into the country for entrepreneurs who have secured financial support from within Canada. Jason Kenney said, “Our new Start-Up Visa will help make Canada the destination of choice for the world’s best and brightest to launch their companies.”
Britain, on the other hand, has offered an ‘entrepreneur visa’ for some time, allowing entry for non-European migrants who want to invest in the UK by setting up or taking over and running a business here. New changes to the rules for this visa include the introduction of an entrepreneur test, designed to help the UK Border Agency identify bogus applicants, and also a requirement to hold or invest a certain minimum level of funds. These changes came into effect on 31 January 2013 – and if they are likely to affect you, more information and details can be found on the UK Border Agency website.
Britain has always had a worldwide reputation for invention and innovation, so it makes the ideal location for entrepreneurs to set up a business. Now, with the points-based immigration system of which the Entrepreneurial visa is an integral part, the country is doing all it can to welcome skilled migrants to the UK. There is always a place for outstanding individuals who are motivated, willing to create income and jobs, and engage with British society.
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