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Immigration

Business immigration to the UK to start a new business

5/8/0

In this regard, in order to limit the flow of migrants, the government introduced a list of requirements regulating the rules of business immigration to this country. New categories of immigration, visas, naturalization, and work permits were introduced.

Each immigration category is assessed by a points system, abbreviated as HSMP. This is a program for immigrants who are highly skilled workers, and it has proven successful since its introduction in 2002.

Additionally, a category has been developed to allow low-skilled workers to enter the country. This category is based on specific sectors. For such immigrants, a special visa category has been developed, depending on who they are, what financial resources they have, and for what specific purpose they intend to come to the UK. Special conditions are stipulated for citizens of Romania and Bulgaria, who are given the opportunity to come to the country as self-employed persons to set up their own business.

Individuals coming to the country with the intention of investing at least £200,000 in its economy or starting their own business with the same amount are particularly respected by the British authorities. Business immigration for persons wishing to open a representative office of a foreign firm with the creation of a branch provides special preferences - they are granted representative visas, and for those with innovative ideas and a desire to implement them by establishing their own enterprise in Britain, a innovator visa is available.

Foreign lawyers wishing to come to work in the country to gain practice in British law are considered as a separate category of immigrant entrepreneurs.

Overall, the list of persons wishing to become business immigrants is clearly defined – for each category, there are specific admission conditions and visa processing times for obtaining entry to the country. This allows the authorities to limit the flow of immigrants and exercise strict control over the quality of the workforce arriving in the country, in order to avoid burdening the national economy with unnecessary costs for their future maintenance.

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