'Unicorn visas' to help UK tech companies

Tuesday 20th August 2019 13:43 EDT
 

An Indian-origin entrepreneur has called on the UK government to consider a new streamlined visa to help te technology industry in hiring the required talent from countries such as India even after Britain leaves the EU.

Rishi Khosla, the CEO co-founder of OakNorth, believes a new so-called "unicorn visa" would help fast-growing tech companies in the UK bring in talent from other markets, including countries like India.

"It would be great to see something that specifically helps the fastest-growing tech companies in the UK bring in talent from other markets such as a 'unicorn visa' whereby we could get applications fast-tracked from any UK consulate anywhere in the world," said Khosla in a statement to The Times.

"We're growing by 15 people on average every week and last week was a record for us with 27 new joiners. A special visa like this would be hugely helpful in ensuring we're able to get access to the talent we need, when we need it, and ensure we can continue pursuing our ambitious growth plans," he explained.

Britain is scheduled to leave the EU by October 31, which would mark the end of freedom of movement rules within the 28-member economic bloc.


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