The Costs of being a Sponsor Licence Holder

What are the costs of being a sponsor licence holder?

Jemima Johnstone looks at the cost considerations for employers when applying for a sponsorship licence:

“The main initial cost is the licence application fee.

“If you’re a small company under the Companies Act definition or a charity, it’s £536.

“If you’re a medium or large organisation, it’s £1476 and that’s for a four year sponsor licence.

“After that the cost will vary depending how many individuals you want to sponsor. You need to assign them each a certificate of sponsorship and that will cost you £199.

“There are then a number of additional visa costs, which some companies will cover. Others will agree with the individual that they will pay for elements of the visa application.

“What the company does need to pay is something called the Immigration Skills Charge that was introduced in 2017. It’s payable per year of the visa that you are applying for.

“For small companies, it’s £364 per year. For large companies, it’s £1,000 per year.

“Certain applications are exempt from that but it’s quite detailed as to what those rules are and we’re happy to talk you through whether your applicant is exempt or not.”

By |2018-03-07T10:49:05+00:00November 29th, 2017|Comments Off on The Costs of being a Sponsor Licence Holder