Skilled Worker Route Sponsorship Costs A Comprehensive Guide For Uk Companies

Know the Costs of Sponsoring Skilled Workers in the UK Before Hiring!

11th May 2024 | 2 Views

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Expanding your business horizons?

As an Indian employer setting sights on the UK market, skilled talent acquisition is crucial. But before diving in, understanding the costs involved in sponsoring foreign workers is key.

Let’s break down the essentials of UK Skilled Worker Route Sponsorship Costs:

1. Understanding UK Visa Sponsorship

UK visa sponsorship allows you to hire skilled workers from overseas. To become a sponsor, you’ll need a sponsor license from UK Visas and Immigration (UKVI). Obtaining this license has associated responsibilities and costs, including the application fee.

2. Sponsorship Licence Application Fee

UK employers must hold a valid sponsor license to employ non-UK resident workers through most work visa routes. The Home Office implements a tiered fee system for sponsorship license applications, with small businesses and charities having a different fee structure compared to larger corporations.

3. Certificate of Sponsorship (CoS) Fees

Once licensed, you’ll issue a CoS for each sponsored worker. The fee depends on factors like the CoS type (Defined or Undefined) and its validity period (up to 3 years or longer). Remember, choosing the correct CoS type is crucial to avoid unnecessary costs and compliance issues.

4. Immigration Skills Charge (ISC)

The ISC is a mandatory charge for employers sponsoring foreign skilled workers. This fee aims to encourage investment in local workforce training, contributing to the UK’s future skilled workforce. The amount varies based on your company’s size and nature, with some exemptions and refund possibilities under specific circumstances.

5. Priority Fees for Sponsor License Application ()

Businesses can opt for priority processing services to expedite sponsor license applications. This service incurs an additional fee but reduces processing time, enabling quicker access to skilled workers.

6. Visa Application Fees

Visa application fees are not one-size-fits-all. Factors like CoS duration, job category (shortage occupation or not), and whether dependents are included, all influence the cost. Make sure to factor these in when budgeting for the sponsorship process.

Don’t let visa sponsorship costs be a barrier!

By understanding these costs and seeking expert assistance, you can streamline the process and successfully hire the skilled talent you need to thrive in the UK market.

We’ve got you covered in detail in our comprehensive guide to Skilled Worker Route Sponsorship Costs for UK companies in 2024.

7. How The SmartMove2UK Can Help

Navigating the complexities of UK visa sponsorship and skilled worker route sponsorship costs requires expert guidance. The SmartMove2UK, with its team of experienced UK immigration lawyers, offers comprehensive evaluations and guidance to facilitate seamless sponsorship processes for UK companies

In conclusion, understanding skilled worker route sponsorship costs for UK companies is essential for employers planning to expand their business to the UK from India. Being aware of these costs and seeking expert assistance can streamline the process and ensure compliance with immigration regulations.

SmartMove2UK Immigration

@SmartMove2UK-Immigration

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