Thursday 24 December 2015

Healthy Immigration from European Union Positively Impacts UK Economy

Healthy Migration has worked favourably for UK economy in the past years. European migrants have always seen UK as a sustainable economy with potential opportunities for professional growth and better quality of life.

It’s just not the migrants who are benefited but the host also get various benefits in terms of skilled professionals and greater taxes. In a recent research conducted by the UCL Centre for Research and Analysis of Migration (CReAM), European migrants who have arrived in UK since 2000 have contributed more than £20bn to the government coffers. The figure has substantially helped the government in relieving the fiscal burden along with contributing to the financing of public services. 

The report reveals that over a period of 2001-2011, European immigrants from the EU-15 countries contributed 64% more in taxes than they received in benefits. Immigrants from the Central and East European ‘accession’ countries (the ‘A10’) contributed 12% more than they received. 
Apart from the benefit the country has made in terms of taxes, these immigrants have endowed the country with highly skilled and productive human capital that would have cost UK a whopping £6.8bn in spending on education. The numbers are the strong indicators of the positive impact which a balanced immigration could bring to UK making it a competitive and progressing nation in the world.

Europeans aiming for employment opportunities can contact Fusco Browne Immigration services for UK work permits.

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