UK Immigration Cap not to affect the Foreign Entrepreneurs!

Immigration cap is the recent buzz in UK. The latest has been that the Home Secretary Theresa May has stressed on the fact that the numbers of those creating wealth would not be limited. The British government has also given into the pressure by the industry and has made an exception for the migrant workers who are coming to the nation through the system of intra-company transfers.

The outline for the plan has been presented by the Home Secretary. This plan included reducing the number of those skilled workers who belonged to the non-EU nations to 21,700 from the initial 28,000. At the same time, this limit would not cater to another 22,500 workers who company to UK on a transfer basis from their overseas offices. This is based under the system of ICT.

As per May, these workers who intend to live in the nation for over a year would still qualify. However, they must have an income of atleast £40,000. The minimum level was previously £24,000.

According to CBI Director-General Desginate John Cridland, the announcement made clearly projects that the government has heard the businesses and its requests and has acted accordingly. This can be considered as a good outcome for the economy.

The government has also proposed to cater to 95 percent of skilled professionals entering the nation have a job offer in prior through the Tier 2 immigration system. However, only 1,000 visas would be made available for the skilled migrant categories which include professionals such as those of engineers and doctors catering to the Tier 1 system.

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