Post-Brexit UK Budgets Not Considered by UK Businesses

According to new research, several businesses in the UK seems unprepared to hire foreign talents after Brexit. The anticipation of new UK immigration rules being very strict for EU citizens after Brexit, access to foreign skilled workers will be restricted.  It is observed from research that there are no contingency funds from about 76% of UK mid-market companies, for post-Brexit immigration. Also, there has been a drop in skills and talents in about 41% of UK Businesses since March 2017.

UK Immigration White Paper

On December 19, 2018, a white immigration paper was published by the UK government although it was a little delayed. This paper outlined a post-Brexit system based on skills. As such, the Tier 2 visa rules may also be applicable to skilled EU workers as well as the non-EU nationals. During the publication of the paper, Sajid Javid, the Home Secretary said that access to skills will be made available to employers by the new immigration system, as well as ensuring the sustainability of net immigration at moderate levels. However, this has not been the case as there have been experiences of a great drop in the influx of workers into the country as a result of Brexit.

Tier 2 visa fees

The current Immigration fee for hiring skilled foreign workers is on the high side. More than £5,000 is needed for the employment of Tier 2 visa holder with a 3-year contract, and this amount constitutes the immigration health and skill charges plus the application fees. The fee is increased to about £11,000 if the visa holder's spouse and two children to go with him/her. Several comments have been expressed on the lack of post-Brexit immigration plan by businesses to hire foreign talents. The need to look beyond the European Union for skilled international talents by businesses in order to remain competitive is being stressed by many, however, costs of recruitments are very high. It has been observed that a lot of business leaders have folded their hands and failed to actually check the potential damage their businesses will face due to Brexit. However, they are being urged to look for potential negative impacts which may be caused by Brexit, in terms of a decrease in the workforce, so that such can be identified early and fixed.

Home Office Unfit to manage UK immigration policy

Since the UK government`s immigration white paper which outlined a system based on skills was released, the Institute for Government (IFG) published a suggestive report for the removal of the Home Office as managers of immigration policy in the UK. According to the IFG, the Home office is incapable of meeting the challenges posed by Brexit. Stay connected to VisaNews to know more updated visa news from Australia, Canada, Europe, the UK, and the USA! Please fill our Evaluation form to know whether you are eligible or not and we will also suggest you for the better options available for you.

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