The Chancellor Rishi Sunak has today announced new reforms to the immigration system to “help ambitious UK businesses attract the brightest and best international talent”. The reforms aim to attract and retain the most highly skilled globally mobile talent from around the world, particularly in academia, science, research and technology. This is intended to drive innovation and economic growth post-COVID and post-Brexit in order to boost the UK’s international competitiveness.
The proposed changes to the immigration system include:
The new unsponsored elite route will help UK companies attract highly skilled migrants without the need for a sponsor licence. The Innovator route has so far been a disaster in terms of its complexity and the need for overseas entrepreneurs to be endorsed so any reform of this route to make it easier for entrepreneurs to set up a business in the UK is a step in the right direction. The modernisation of the sponsorship system to make it easier to use will hopefully reduce the burden on businesses trying to recruit talent from overseas.
So, overall, these changes are to be welcomed and we look forward to the Government releasing further details in due course.