Introduction
- This explanatory memorandum has been prepared by the Home Office and is laid before
Parliament by Command of Her Majesty - This memorandum contains information for the Committee on the UK’s exit from the
European Union.
Purpose of the instrument
- The main changes are to:
- Introduce new Start-up and Innovator categories for those coming to the UK to set
up a business, replacing the Tier 1 (Graduate Entrepreneur) and Tier 1
(Entrepreneur) categories; - Make reforms to the Tier 1 (Investor) category to protect better against financial
crime and ensure investments are of greater benefit to the UK economy; - Increase the initial period of leave for those who qualify for Stateless leave, and
make clear that to qualify for stateless leave someone must show that they cannot
acquire a nationality or a right to permanent residence in another country to which
they may be entitled; and - Provide for the full opening of the EU Settlement Scheme for resident EU citizens
and their family members to obtain UK immigration status, alongside two negative
procedure Statutory Instruments being laid before Parliament on 7 March 2019: the
Immigration and Nationality (Fees) (Refund, Waiver and Amendment) (EU Exit)
Regulations 2019, which provide for no application fee for the scheme, and the
Immigration (European Economic Area Nationals) (EU Exit) Regulations 2019,
which, in part, make changes associated with the scheme to other secondary
legislation
Matters of special interest to Parliament
- Matters of special interest to the Joint Committee on Statutory Instruments
- None.