Migrant Entrepreneur/Investor Consultation

Call for Evidence Review: Economic Impact of the Tier 1 Route

(Entrepreneur Graduate Entrepreneur; Investor and Exceptional Talent

The government has commissioned the Migrant Advisory Committee (MAC) to review the Tier 1 points based route to Migration within the UK. MAC are therefore looking to consult with financial institutions, legal representatives, consultancy firms, academics, representatives of other Governments and, in particular, entrepreneurs both in the UK and those looking to come here with the purpose of establishing how policy will ensure that the potential economic benefit of the routes are maximised.

The MAC will also consider the attractiveness of the routes to genuine entrepreneurs. In particular, the MAC has been asked to consider whether:

  • the initial eligibility criteria of access to funds is sufficient and whether other criteria, for example, assessment of previous entrepreneurial activity and/or testing the purpose of the investment, should be applied

  • the existing eligibility and extension criteria are aligned sufficiently with entrepreneurial and early stage business life-cycles, including consideration of the role angel investors and crowd-funding

  • the route utilises international best practice. As part of this, the MAC is requested to consider route design and incentives to ensure competitiveness

See the full document HERE

The call for evidence review sets out the questions on which the MAC seeks views and evidence from partners as well as how to respond.

The MAC is also keen to meet with partners to discuss the issues raised and will be arranging meetings and events.

The closing date for responses to be received by the MAC is Friday 12 June 2015 and partners are strongly encouraged to submit their evidence before this date.

Complete a response form and either

Email to:

MAC@homeoffice.gsi.gov.uk

Write to:

Migration Advisory Committee,
3rd Floor, Seacole Building,
2 Marsham Street,
London,
SW1P 4DF

For more information see the MAC website: HERE