Context: The UK Home Office has announced the details for the final 2024 ballot of the India Young Professional Scheme.
India Young Professional Scheme
- About: It originated from an India-U.K. Migration and Mobility Memorandum of Understanding signed in May 2021, and was subsequently announced in November during the G20 summit in Bali.
- Launch: February 2023.
- Scope and Participation: Allows up to 3,000 degree-holding citizens aged 18-30 from each country to work in the other for 2 years.
- India is the first visa-national country to participate.
- Features
o Allows Indians aged 18-30 to live and work in the UK for up to 2 years.
o Permit holders can enter and leave the UK freely during their visa validity.
- Eligibility Criteria: Must be an Indian national aged 18-30 with a bachelor’s degree or higher.
o Requires £2,530 in savings and no dependent children under 18.
- Visa Conditions: Must enter the UK within 6 months of visa issuance.
- Activities Allowed in the UK:
o Permits study, including certain sensitive subjects under ATAS certification.
o Allows work in most job sectors.
o Allows setting up a company under specific conditions (e.g., no employees, limited equipment value).