The UK government is considering plans to give a two-year visa to EU migrants who are under the age of 30. This permits them to live and work in Britain after it withdraws from the EU.
The reason given is that such EU migrants have a longer productive and working life in the future and can contribute towards the public finances in a big way.
An independent Migration Advisory Committee was set up by Amber Rudd, the UK Home Secretary, which reviewed the economic costs incurred and the benefits derived through EU migration. A report was published by this committee on 3rd August 2017. It has come out with a suggestion that there must be a visa system similar to the lines followed by Australia, Canada, and New Zealand for youths in the 18 -30 bracket.
Tier 2 visa
The existing option which can continue to attract EU migrants, after Brexit happens, is the Tier 2 visa, which permits skilled workers to work for a UK employer who has a Tier 2 sponsorship license. This will also lead to getting legal PR Status.
Reasons for a two-year UK work visa:
- Young EU migrants have a long working life in the future,
- They have a better chance of making a positive impact on the public finances,
- They have the ability to integrate with the society successfully,
The migrants could earn points to better their chances of entering the UK.
A points-based system is not new and the Tier 2 visa of the UK has a points-based system. It assesses non-EU immigrants regarding their eligibility for entering the UK. Paying a lower threshold salary to them to settle in Britain is also being discussed.
Another issue is to consider the variations from one region to another to determine the salary thresholds for those wanting to join the workforce in the UK. The immigration for low-skilled persons is slated to be finished completely.
This would be a factor to encourage professionals holding specific and in-demand skills to come to the UK. The economic data reveals that migrants likely to benefit in such a scenario must possess skills which are different from the resident population.
As per the report, there will be positive and negative aspects, for the general UK population, and also for the British businesses, owing to reduced low-skilled immigration.
The report analyzes the impact stating that reduced low-skilled immigration, will lead to high wages and expenses for businesses, leading to an increased price paid by consumers. As a result, the businesses would opt for capital, which will show more productivity.
The demand for labor in some industries is seasonal. More labors will be required in a particular place for a short time.
Beginning from 2004, EU migrants residing and working in the UK has been around 600,000 and now has crossed the 2 million mark. After June 2016, National Statistics data shows that 117,000 EU citizens left the UK, which is 31,000 more since 2015.
Majority of those leaving hailed from the Czech Republic, Baltic States, Poland and Hungary and from the EU8 group nations.
Amber Rudd, Home Secretary has said that EU nationals will be allowed to enter the UK during the period of transition after Brexit happens. They would be required to register and a documentation process will be followed. They will not have the automatic right of entry. Free movement will be over immediately after the exit.
Reformation of the immigration will be based as per the requirements in the economic and social spheres.