Indian businesses recognize the opportunities offered by the UK as an international destination, but a restrictive immigration and visa regime poses a barrier to trade and investment.
With a Free Trade Agreement (FTA) between India and the UK yet to materialize, self-sponsorship is seen as a solution for UK immigration.
The self-sponsorship system, pioneered by A Y & J Solicitors, allows overseas entrepreneurs to establish UK limited companies from abroad and sponsor themselves for a Skilled Worker visa.
According to research, an FTA with the UK would encourage Indian businesses to explore opportunities, and it has the potential to increase bilateral trade to more than $100 billion by 2030.