Today we’re diving deep into one of the most requested topics the Self sponsorship visa UK and Skilled Worker Visa for 2024. We’ll be breaking down everything you need to know, including the latest updates and requirements that could affect your application process.Don’t forget to follow to our whatsapp channelfor updates on future Job Opportunities.
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UK self sponsorship
Let’s start with what self sponsorship actually means in the UK context. Self sponsorship isn’t technically a separate visa category, it’s actually part of the skilled worker visa route where you own or are a director of the company that sponsoring you. This has become increasingly popular among entrepreneurs and professionals who want to work in the UK, while having more control over their immigration status.
The first crucial step in self sponsorship is establishing a UK company and obtaining a sponsor license. Your company needs to be genuinely trading and meet all the requirements set by the Home Office. As of 2024, the company must demonstrate that it’s a legitimate business with proper infrastructure and financial stability. This includes having a UK business bank account, registered office address and clear evidence of business activities.
One of the most significant updates for 2024 is the increased salary thresholds for the skilled worker visa. The minimum salary requirement has seen notable changes. You’ll need to be paid either the general minimum salary threshold or the going rate for your specific occupation, whichever is higher. The company must prove it can sustain these salary payments, which is particularly important for self sponsorship applications.
What you need to prepare
First, your company needs to apply for a sponsor licence, which currently costs £536 for small companies or £1,476 for medium to large companies. The process typically takes 8 to 10 weeks, though you can opt for priority service at an additional cost. Your company must also demonstrate that it has proper HR systems in place to fulfill sponsor duties. The role you’re creating must meet the skill level requirements. As of 2024, the job must be at least RQF level three equivalent to A level. Qualifications. The occupation must also be listed in the Eligible Occupations Code list.
This is crucial because the Home Office strictly scrutinises self sponsored applications to ensure they’re not being used to circumvent immigration rules. A key aspect that many applicants overlook is the genuine vacancy requirement. The Home Office needs to be convinced that the role is genuine and not created solely for visa purposes. This means your business plan should clearly show why the position is necessary for your company’s operations and growth.For the actual skilled worker visa application, you’ll need several documents.
These include your certificate of sponsorship cause proof of English language proficiency at B1 level, and evidence that you meet the financial requirements as of 2024. You need to show you have at least £1,270 in your account for 28 consecutive days, unless your sponsor is certifying maintenance for you.
The costs involved are significant and need careful consideration beyond the sponsor licence fee. You’ll need to pay the visa application fee, ranging from £625 to £1423, depending on your circumstances.
The immigration health surcharge, currently £624 per year and potentially priority processing fees if you want to fast track your application. For those taking the self sponsorship route, it’s crucial to understand that the Home Office scrutinises these applications more carefully.
They want to ensure the business is genuine and sustainable. Your business plan should be robust, showing clear financial projections, market analysis and how your role fits into the company’s growth strategy.
One common question We receive is about the difference between self sponsorship and the innovator founder visa. While both allow you to work in your own business, they have different requirements and purposes.
Innovator Founder Visa
The Innovator Founder Visa is specifically for innovative business ideas, while self sponsorship under the skilled worker route is more suitable for established or traditional business models. A critical update for 2024 is the increased focus on compliance. The Home Office has strengthened its monitoring systems, and sponsors must maintain detailed records and report certain changes in circumstances. This is particularly important for self sponsored individuals who must wear both the employer and employee hats. For those considering this route, Timing is crucial. The entire process, from company formation to obtaining the visa can take several months. It’s advisable to start the process well in advance of your plan Move to the UK.
Remember that you’ll need to demonstrate sufficient funds throughout this period. The good news is that the skilled worker visa can lead to settlement after five years of continuous residence in the UK. However, you must maintain your employment with your sponsoring company throughout this period. For self sponsored individuals, this means keeping your business operational and compliant with all requirements.
Some practical advice for applicants
- First, ensure your business idea is viable in the UK market.
- Second, prepare comprehensive documentation showing your business’s legitimacy and financial stability.
- Third, consider working with immigration professionals who specialise in self sponsorship applications as the process can be complex.
For the ongoing maintenance of your visa status, you’ll need to ensure your company continues to meet its sponsor duties. This includes keeping accurate records, reporting relevant changes to the Home Office, and maintaining appropriate salary levels. Failure to comply can result in the loss of your sponsor licence and subsequently your visa.
Looking ahead while the UK government has announced plans to reduce overall migration, skilled workers remain a priority for the country’s economy. However, this means requirements might become stricter and compliance monitoring more rigorous. It’s essential to stay updated with any changes in requirements or procedures. Remember, self sponsorship isn’t suitable for everyone. It requires significant financial investment, business acumen, and commitment to maintaining compliance with immigration rules.
However, for those with a solid business plan and the necessary resources, it can be a viable path to working and eventually settling in the UK. We recommend thoroughly researching your specific situation and possibly seeking professional advice before proceeding with a self sponsorship application. The investment in proper guidance at the beginning can save you significant time and money in the long run. Stay tuned for more updates on UK immigration changes, and feel free to drop your questions in the comments below. Thanks for reading and good luck with your visa journey.
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Note: The sole purpose of this article is to provide information. We are not agents for Visas. Beyond posting openings, we don’t offer any kind of support.Vacancies given on this website are obtained from Internet. Please check the genuineness of the companies you are applying to while proceeding with the application.
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