British New Graduate Visa and Application Process

The British New Graduate Visa: A Platform for Start-Up Innovation

In July 2021, the UK Government announced the launch of the British New Graduate Visa as part of its post-Brexit immigration policy. The visa program is aimed at attracting top-tier international graduates to the UK, offering them the opportunity to establish their entrepreneurial ventures and contribute to the country’s start-up ecosystem.

The visa category is a game-changer for overseas students who aspire to launch their startups in the UK. It allows international graduates to remain in the country for up to two years after completing their degree to kick-start their business ventures. Unlike other categories of the UK’s visa policies, New Graduate Visa holders may be able to switch to other types of work visa programs once their start-up company grows.

The program is set to provide more opportunities for students to secure professional networks and enter the UK labor market, which will foster creativity and innovation among the next generation of entrepreneurs. With the New Graduate Visa program, international students can contribute to the UK’s financial growth, providing an influx of talent and innovation while allowing students to gain work experience.

The Application Process

To apply for a New Graduate Visa, applicants must have completed a UK Bachelor’s or Master’s degree and must meet the English Language Requirements. The steps of the application process are as follows:

1. Secure a Confirmation of Acceptance of Studies (CAS) from a UK institution:

When applying for the New Graduate Visa, students must contact a UK higher education institution to receive a Confirmation of Acceptance of Studies (CAS). Once the institution issues a CAS, the student can apply for the New Graduate Visa.

2. Provide Evidence of Financial Capability:

To be eligible for a New Graduate Visa, students must have funds of at least £2,530 in their bank accounts for at least 28 consecutive days before applying for a visa.

3. Prove English Language Proficiency:

International students must pass an English Language Test to apply for a New Graduate Visa. Students can achieve the set language proficiency requirements by achieving a score of at least CEFR level B1 in a recognized English language test.

4. Submit Application and Biometrics:

Students can apply for the New Graduate Visa online and submit biometric information, including fingerprints and a photograph.

5. Wait for a Decision:

Upon submission of the application, the Home Office will evaluate the visa application and notify the employees of a decision. If the application is processed on-time and approved, students can live and work in the UK for a further two years.

Frequently Asked Questions

1. Who is eligible for a New Graduate Visa Program?

To be eligible for a New Graduate Visa, the applicant must have recently completed a Bachelor’s or Master’s degree from a UK Higher Education institution.

2. What period can an international student apply for a visa after graduation?

Students can apply for a New Graduate Visa within a year after graduation.

3. Can a New Graduate Visa holder launch a start-up venture with a partner?

Yes, students can launch their start-up venture with one partner. However, the student must have control over a substantial portion of their business’ equity.

4. What are the visa requirements for students with a postgraduate research degree?

Postgraduate research degree graduates are eligible for the New Graduate Visa, provided that they meet the program’s criteria.

5. Can students extend their stay with the New Graduate Visa?

New Graduate Visa holders can extend their stay in the UK if they meet the UK Home and Immigration Office’s requirements.

Conclusion

Overall, the British New Graduate Visa Program is an innovative immigration policy offering opportunities for international graduates to establish their ventures and contribute to the UK start-up ecosystem. The application process provides a transparent guideline for students, ensuring a straightforward visa application process. With the New Graduate Visa and the opportunities it offers, students can gain vital experience and establish their business in the UK, promoting the growth of the UK economy and contributing to the country’s innovation and start-up culture.