4:48 AM 20th November 2020
8% Rise In Demand For Tech Talent Visa As Yorkshire Tech Ecosystem Sees Continued Demand For Specialist Skills
Tech Nation, the growth platform for tech companies and leaders, launches a new report that reveals insights into the international talent landscape and provides an update on the Global Talent Visa for Digital Technology.
The Tech Nation Global Talent Visa sees rise in demand, up by 48% since last year
41% of Global Talent Visa applicants are based out of London
Demand for specialist tech skills in Yorkshire on the rise - 187% rise in demand for cyber skills, and a 163% rise in demand for AI skills over the past three years
Demand for the Tech Nation Global Talent Visa has continued to rise, with a growth of 45% and 48% in the past two consecutive years. It is expected to rise in 2021 as, from January, the Tech Nation Visa will be opening up applications to exceptional tech talent from the EU. In 2020, the Global Talent Visa has enabled 421 founders to set up businesses in the UK, up from 400 in 2019.
"Having a UK-based company is an immense benefit when launching a software startup..."
This global talent is distributed right across the UK, as 41% of endorsed applicants for the visa are based outside of London, working in the UK’s strong regional tech hubs.
AI & machine learning is one of the most popular sector destinations for Global Talent Visa holders, reflecting continued demand for tech skills in this area. Yorkshire has seen a 163% rise in demand for AI skills and 187% rise in demand for cyber skills over the past three years.
The data shows that there has been a 200% increase in the volume of users in the UK searching online for terms explicitly related to ‘UK tech visas’ between April and September 2020, reflecting profound shifts in the labour market. This surge in interest to work in the UK’s digital tech sector is reflected globally too, with a 100% increase in users internationally searching for these terms in countries like the US and India.
Taras Lanchev, Founder and CEO of Calbot, Leeds
“Many people recommended I apply for the Global Talent Visa as it would enable me to launch my company in the UK. Having a UK-based company is an immense benefit when launching a software startup as it allows you to benefit from a robust legal framework whilst also being surrounded by an active community of other founders and VCs."
Sagar Ghagare, Senior Software Engineer at Mastek (NHS Digital), Leeds
"I wanted to contribute to the healthcare industry in the UK through my technical skills. I think there are lots of opportunities for technical skills people from across the world in the UK."
Stephen Kelly, Chair of Tech Nation,
“The UK is a global talent magnet for Tech founders. The UK provides rich opportunities for entrepreneurs to set up, flourish and scale a business. The Global Talent Visa is crucial to making this process easy and accessible.
“Tech Nation’s Visa Report shows that, despite the pandemic, international interest to work in the UK tech sector has never been higher. Attracting tomorrow’s tech leaders to the UK is crucial to the continued growth of the sector, the UK’s place in the world, and driving the nation through recovery to growth in the digital age.”
Minister for Digital and Culture Caroline Dinenage
“It's no surprise the UK's world-beating technology sector appeals to international talent. Our dynamic companies reflect the UK’s long-standing reputation for innovation and are renowned on the global stage.
"We are open to the brightest and the best talent, and this visa scheme makes it easier for companies across the country to recruit the talent they need to grow.”