I'm a US citizen in the UK on a visa where I can be self-employed and start companies. It looks like the new system has basically the same process for getting t

I'm a US citizen in the UK on a visa where I can be self-employed and start companies. It looks like the new system has basically the same process for getting this type of visa (which is to say it's still a pain in the ass) except now EU citizens have to jump through the same hoops instead of just moving over. This is going to be a double whammy for the UK tech scene. First, by leaving the EU, the UK hugely shrinks a company's addressable market and reduces the incentive for anyone to come here to start a company instead of somewhere with a bigger market, like the US, Germany, or whatever. Second, by making it as hard for EU citizens to get a visa to the UK as it is for them to get one the US, there's going to be a lot less incentive for people to come to the UK. The UK is a great place to live, but tech jobs here have a lot lower pay than the US and there is a much smaller tech scene. If the effort for moving to both is roughly the same, a lot of people are going to follow the money. Go into any dev office in London and you are likely to find as many Spanish, French, etc. developers as British developers. By cutting out that supply of labor, it's going to get a lot harder to hire developers and there will be less developers around with ideas who have the legal ability to start their own company. Maybe that will push local wages up, but maybe it will just depress the tech scene overall and push more business to other countries.