Insurance Structures to Enhance Risk Management and Profitability
Could restructuring your approach to insurance provide more resources to support risk management and mitigation activities at no extra cost? ...
On 11th April 2022, the new Global Business Mobility visa was introduced. This visa route provides five different ways for overseas businesses to expand into or transfer employees to the UK. Our immigration specialist Alice Boyle shares details on the five routes.
This route is specifically for senior or specialist employees looking to transfer temporarily to an existing UK subsidiary or branch of their overseas employer. This new category replaces the previous Intra-company transfer (ICT) visa routes although existing ICT visa holders will not be affected. This visa is particularly helpful when an employee cannot meet the English language requirements for a Skilled Worker visa.
This route allows senior or specialist employees of an overseas business to come to the UK to set up a registered branch or wholly owned subsidiary. This category has replaced the representative of an overseas business (sole representative) visa although there are significant differences in particular the new requirement for the UK entity to have a sponsor licence. A positive is the fact that the UK authorities have waived the requirement for the applicant not to control the overseas company. This means that majority shareholders or owners of overseas companies can now apply for this visa. They will need to be able to show that their UK expansion plan is credible and not merely for immigration purposes.
This is for overseas workers who are undertaking temporary work assignments in the UK to provide services covered by one of the UK’s international trade agreements. The worker needs to be either a contractual service supplier employed by an overseas service provider or a self-employed independent professional.
This is a new route for overseas workers being seconded to the UK as part of a high value contract or investment (worth at least £10 million per year and at least £50 million overall) by their overseas employer. They must have worked for their overseas employer for at least 12 months.
This route replaces the previous ICT – Graduate Trainee category and is for employees normally employed outside the UK at a connected group company on a graduate training course. Such employees can come to the UK as part of their graduate training/work placement with a view to then taking up a senior management or specialist position outside the UK. The employee must have worked for the sponsor outside the UK for at least 3 months before applying.
Whatever your priorities, our immigration team (in conjunction with our corporate and employment teams where appropriate) can advise you on the best way for your business and employees to come to the UK. Get in touch with our specialist team to talk through your requirements.
CONTACT A SPECIALIST
Alice Boyle is a solicitor with extensive experience in all areas of immigration law. She qualified in 2000 at Norton Rose and has specialised in immigration since 2003.
Prospect Law is a multi-disciplinary practice with specialist expertise in the energy and environmental sectors with particular experience in the low carbon energy sector. The firm is made up of lawyers, engineers, surveyors and finance experts.
This article remains the copyright property of Prospect Law Ltd and neither the article nor any part of it may be published or copied without the prior written permission of the directors of Prospect Law.
This article is not intended to constitute legal or other professional advice and it should not be relied on in any way.
Prospect is a multi-disciplinary practice with specialist expertise in the energy and environmental sectors with particular experience in the low carbon energy sector. The firm is made up of lawyers, engineers, insurance and risk management specialists, and finance experts.
This article remains the copyright property of Prospect Law Ltd and neither the article nor any part of it may be published or copied without the prior written permission of the directors of Prospect Law.
This article is not intended to constitute legal or other professional advice and it should not be relied on in any way.
Further Reading
Could restructuring your approach to insurance provide more resources to support risk management and mitigation activities at no extra cost? ...
The quest for sustainable energy solutions continues to drive innovation across various sectors, including maritime shipping. In a remarkable demonstration ...
An interesting conference was held in Manchester in May on ‘Enhancing the Nuclear Economy’ organised by Nuclear Strategy. The conference ...
In the second century BCE, scholars gathered at the court of the Chinese King to debate philosophy and statecraft. Their ...
This is thefirst of a series of articles on the NEC standard form of contract. The premise indeveloping the NEC ...
In the spring of 2011, I came to the UK to assist a Chinese client in negotiating and completing the acquisition ...
