Under a new visa scheme, graduates from the world’s finest universities will be eligible to apply to come to the UK.
Ministers believe that the “high potential individual” route, which begins on Monday, will attract the “best and brightest” young people to work in the UK.
Alumni of major non-UK universities who graduated within the last five years will be eligible for the scheme.
Graduates will not need a job offer to apply.
If you have a bachelor’s or master’s degree, you will be offered a two-year work visa, and if you have a Ph.D., you will be given a three-year work visa.
If they achieve certain standards, they will be eligible to switch to other long-term employment visas. There will be no limit on the number of eligible graduates.
At least two of the following world university rankings, the Times Higher Education world university rankings, the Academic Ranking of World Universities, and the Quacquarelli Symonds world university rankings must rank in the top 50.
More than a half-dozen US universities were included in the UK government’s most recent list of qualified universities, which also includes universities from Canada, Japan, Germany, China, Singapore, France, and Sweden for the year 2021.
The visa will cost £715 plus the immigration health surcharge, which is a levy paid by successful visa or immigration applicants that permits them to use the NHS.
Anyone applying for the visa must have a minimum of £1,270 in living expenses.
Candidates must pass a security and criminality check, as well as speak, read, listen, and write English at an intermediate level, said the government.
Rishi Sunak, the finance minister, stated that it would allow the UK to grow as an international hub for innovation, creativity, and entrepreneurship.
“We want the businesses of tomorrow to be built here today, which is why I call on students to take advantage of this incredible opportunity to forge their careers here” he added.