The
British government has reported a decision to hike up the visa fee
from 18 March 2016 across many categories.
Impact
on Students
It
can have a huge impact on the international student business apart
from other visa seekers in the British economy. There is an estimated
contribution of £2.4bn to the UK economy by the international
students studying in this country. Britain has great
business schools, with 15 of these ranked by the FT global MBA
rankings to be in top 100 business schools of the world. UK business
schools coach up to 15% of all university students. The
increased visa fee will have an acute effect on the MBA post graduate
programs with 52% international students.
Impact
on Workforce
Every
year a large number of skilled workers are granted visa to strengthen
the workforce in UK. The recent changes in the UK visa fee directly
imply a 2% hike including the short term visas.
The
student graduates and the immigrant skilled work force, looking for
settlement are up for a 25% increase in fee for settlement visa
appeals and also nationality applications. These applications also
called the "Indefinite Leave to Remain" (ILR) application
within the UK will see a fee hike from 1,500 pounds to 1,875 pounds.
The next step post ILR clearance is at 1,236 pounds for
naturalization as British citizens.
Apart
from the impact on visas concurrent with economic growth, like
skilled workers and students, the 2% increase is also set for
tourists visas.
Other
visa fee increases include the optional premium services which are
offered by the Home Office. These will see a hike of up to 33% in the
priority visa services and the super premium visa services overseas.
Effect
on family visas is at an increased fee of £2, 676 for “Adult
Dependent Relatives” and family and spouse visas at £1,195. Also a
£25 fee has been introduced for processing of invalid applications.
With
the complex visa legal framework, frequent changes and the recent
alterations in fee system it is important to engage expert immigrant
and visa law firm for your visa application.
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