The new system could prove advantageous to India's skilled workers and students since they will be treated on par with EU citizens. There will be no cap on the number of people who can qualify under the scheme.
The system will allow workers whose salary is below a determined 'going rate' (1) for their occupation, or a general 25,600 pound ($33,310) minimum, to still qualify for entry if they have advanced qualifications in their field, or want to work in an industry where there is a shortage of workers.
"Once someone outside the UK has gone through all these steps, they will usually get a decision within three weeks," the Home Office said.
Applicants will need to have enough money to cover the application fee will range between £610 to £1,408, plus a healthcare surcharge (usually £624 per year) and be able to support themselves (usually by having at least £1,270 available).
The Skilled Worker visa lasts for up to five years before it needs to be extended. Alongside the work visa, a number of other routes are also now open for applications, including Global Talent Visa, for people who can show they have exceptional talent or exceptional promise in the fields of science, engineering, humanities, medicine, digital technology or arts and culture.