UK Self Sponsorship Visa For PR And Citizenship
What Exactly Is A UK Self-Sponsorship Visa?
Entrepreneurs, investors, or individuals looking to buy an existing firm in the UK are the greatest candidates for this visa. The primary attraction of this programme is that it falls under the “Skilled Worker Visa” classification. There is in actuality no official visa called the ‘Self Sponsorship Visa’ but rather a route to enter the UK under the Skilled Worker Visa category. As a result, after five years with this visa, one is qualified for permanent residency, and after six years, one may even seek for citizenship. Any type of business could be launched, but it must adhere to UK legal requirements. Additionally, there is no requirement for a minimum or maximum investment in this. Finally, you might own all of the shares of your business.
How To Sponsor Yourself?
When it comes to how to sponsor oneself, the procedure is very simple. You must start or purchase a firm or corporation in the UK. You will then receive the sponsorship licence within 6 to 8 weeks, allowing you to employ foreign skilled personnel. The catch is that you will be working for yourself as a foreign skilled worker and will need to give yourself a proper title. Additionally, you must pay yourself a minimum wage of £10.10 per hour, or £25,600 per year (whichever is higher). In this approach, your business employs you as a skilled worker.
Uk Self Sponsorship Visa Requirements
You must be able to satisfy the following requirements:
- Must be over the age of 18
- Have a UK Company with a UK resident Director
- The Company must have a Sponsor Licence
- Your job is listed on the eligible occupation list
- Your UK job must pay you a minimum salary according to the Job Role
- Have enough funds to satisfy the maintenance requirement
- Complete an English Language Test
- Provide a valid TB Test Certificate
Required Documents
- 1 month business bank statement.
- Lease/Freehold/Tenancy agreement.
- Employer insurance certificate (minimum employer cover of £5 million).
- Payee/Account Office reference letter from HMRC (UK Revenue & Customs).
- Regulatory Approvals (Health & Safety star rating, ACCA, SRA, etc.).
- VAT Certificate (for registered organisations).
- Signed Annual accounts (for businesses over 18 months).
- B1 level English proficiency certificate as per Common European Framework of Reference (CEFR).
With this, you will have your own business in the UK and be paid to work for your own business. Consequently, this will be a self-sponsored contract. You will be able to apply for UK PR at the conclusion of the first five years of this engagement, and at the end of the sixth year, you can even do so for UK citizenship. You can obtain UK PR in this way without a job offer, a UK sponsor, or a required minimum sum of money.