Press release

3 Mar 2021 London, GB

New skilled visa routes will help position UK as a leading Tech and FinTech market, says EY

The UK Government has today taken a decisive and affirmative step forward to position the UK as a leading hub for tech and FinTech by launching a new scale-up visa route.

Press contact
Seema Farazi

Partner, Financial Services, Immigration and Brexit, Ernst and Young LLP; EY EMEIA People Advisory Services COVID-19 Response Leader

Over 20 years' cutting edge immigration law experience. A qualified barrister, who has practised in complex immigration, extradition and public international law cases at all appeal court levels.

Related topics Finance Technology

Seema Farazi, UK & Financial Services Immigration Leader at EY, comments on the Chancellor’s announcement of a new FinTech visa: “The UK Government has today taken a decisive and affirmative step forward to position the UK as a leading hub for tech and FinTech by launching a new scale-up visa route. Supporting the growth of UK tech and FinTech is fundamental for the sectors’ global success and will also aid the UK’s economic recovery as we look to counter unemployment and increase skills in growth areas.

“A tailored visa route into UK scale-ups will have far-reaching positive implications and will support the tech sector as it looks out to the global marketplace. It is crucial the UK leads the way in attracting skills from all over the world as well as creating homegrown talent. Today’s announcement will drive progress in establishing the UK as a leading scale-up market.”

Ends

EY supported the Kalifa Review, and was the Consultancy Lead for the Talent and Skills chapter – for more details or to speak to Seema Farazi, please contact the EY Press Office.

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