The new Highly Skilled Migrants Programme - HSMP Programme
The new Highly Skilled Migrants Programme will be fully implemented by the end of the summer.
Points System
You have to earn 75 points to be able to come to look for work in the UK, without a job offer. The new points system requires you to assemble 75 points to get you into the U.K.
Points for Degree
50 – PHD
35 – Masters
30 – Bachelors
Points for Age
20 – Under 28
10 – 28, 29
5 – 30, 31
Points for Previous UK Experience
5 - If Previous Earnings or Qualifications have been gained in the UK
Points for Previous Annual Income
45 – 40K+
40 – 35-40K
35 – 32-35K
30 – 29-32K
25 – 26-29K
20 – 23-26K
15 – 20-23K
10 – 18-20K
5 – 16-18K
You can get full 75 points needed to come here, if you have £200,000 held in a regulated financial institution and disposable in the UK.
IT Contractor Comment
What I deduce is, if you have a PHD and you are under 28, you’re in a favourable position as you would have 70 of the 75 points needed and need to have earned only 16K in the previous year. If you are under 28 and have a Bachelors degree, it would leave you needing to have earned only 26K in the last year.
Quite achievable.