ArticleUK skilled worker visa financial requirement 2024

Skilled worker visa, a critical pathway for skilled professionals to work in the UK, is undergoing significant changes. As announced by Home Secretary James Cleverly, from 4 April 2024, the minimum salary for this visa will see a substantial increase from the current £26,200 to £38,700. However, health and social care visa routes, as well as education workers on national pay scales, are set to be exempt from this increase, acknowledging the vital roles these sectors play in the UK.

The skilled worker visa has traditionally offered certain exceptions to the minimum salary requirement, allowing eligibility even at lower salaries, but not falling below £20,960 per year or £10.75 per hour. These exceptions have included roles listed in shortage occupations, applicants under 26 years old, recent graduates or those in professional training, and individuals with specific STEM (Science, Technology, Engineering, and Maths) PhD qualifications relevant to their occupation. Additionally, those holding postdoctoral positions in science or higher education have been covered under these exceptions.

However, the new policy brings a crucial change: the discontinuation of the salary discount for jobs on the shortage occupation list. This move signifies a shift in the government’s approach to addressing skill shortages and managing immigration more stringently. As such, the reform stands to impact both employers and potential migrants, necessitating a thorough understanding and strategic planning to navigate these changes effectively.

In the wake of these impending changes, it is crucial for potential applicants and employers to stay informed and prepare accordingly. Understanding the new salary thresholds and their implications will be key to ensuring compliance and making the most of the skilled worker visa route. For employers, this may mean re-evaluating recruitment strategies and considering the impact on workforce planning. For aspiring skilled workers, it’s essential to assess how these changes might affect their eligibility and future career prospects in the UK.

Get in touch:  For a comprehensive understanding of your options or queries on UK immigration matters, contact GigaLegal Solicitors at 02074067654 or click here to book a no-obligation consultation with an immigration expert.