United Kingdom-India Young Professionals Scheme (YPS)
iasparliament
February 12, 2025
Why in News?
The ballot for United Kingdom-India Young Professionals Scheme (YPS) will open soon.
YPS is a reciprocal scheme under which UK and Indian nationals can live, study, travel, and work in the other country for up to 2 years.
Launched in - February 2023.
Eligible Age - 18 to 30.
It is part of the Migration and Mobility Agreement that the two countries signed in 2021.
It caps the number of young professionals admitted to either country at 3,000 per year.
Qualification - The applicants must also have a qualification at UK bachelor’s degree level or above, and have proof of £2,530 in savings to support themselves in the UK.
Features - YPS does not require any pre-approved employer certificate or salary conditions.
It allows Indians to land in the UK and seek a job or self-employment if they have enough savings to support their stay.
However, YPS is not extendable unless the regular work visas which are valid for 5 years can be extended.
The scheme also does not allow any dependent children to accompany the applicant.