The UK Skilled Worker Visa replaced the Tier 2 visa.
The Skilled Worker route allows applicants eligible for skilled work, their partners and children to obtain UK visas to stay in the UK via skilled worker visa application for up to five years and unlimited extensions. Successful applicants and their family members have a right to work in the UK. This route leads to settlement.
The applicant needs to prove 70 points and satisfy eligibility criteria.
Standard Occupational Code defines eligible job roles. It should be a minimum skill level of RQF level 3 - A-level or equivalent.
There is also a list of job codes that are not eligible for sponsorship in table 5 of Appendix Skilled Occupations
The salary equals or exceeds the general salary threshold of £25,600 per year and the going rate for the job's SOC code (see Appendix Skilled Occupations for the going rate).
The annual salary equals or exceeds £23,040 with 90% of the going rate for the PhD in a subject relevant to the job.
For the applicant with PHD in STEM subject relevant to the job, the annual salary equals or exceeds £20,480 and 80% of the going rate.
The job within a shortage occupation list, the annual salary equals or exceeds £20,480 and 80% of the going rate.
For a new labour market entrant, the salary equals or exceeds the annual £20,480 and 70% of the going rate. As for who is a "new entrant":
In a listed health or education occupation job, the salary equals or exceeds £20,480 per year and the going rate.
The applicant should have at least £1,270 held for 28 days, or the sponsor certifies their responsibility a maximum amount of £1,270.
For 12 months and more UK residents on the date of application, no financial requirements exist.