stdClass Object ( [id] => 11895 [post_date] => 2011-09-07 12:53:24 [post_content] => According to Migration Advisory Committee of UK government, country can have great economic loss if it continues to limit the entry of Non EU skilled immigrants. Followed by the earlier provisional restrictions, permanent restriction on Tier 1 and Tier 2 skilled immigration was implemented by the government of UK in April 2011. The General Tier 1 category which was in demand earlier exists no more. Later Tier 1 (Exceptional Talent) category was introduced but most people find it difficult to meet the requirements of this category. The situation became drastic when government restricted 21,000 visas of Tier 2 skilled immigrants who were offered jobs from a UK company. Immigration Minister Damian Green has expressed that his government intends to reduce immigration to the “tens of thousands”. A report from Government's Migration Advisory Council, Limits on Tier 1 and Tier 2 for 2011/2012, revealed  that if government of UK restricts the entry of skilled non-EU immigrants to UK then its GDP will have a loss of over half billion pounds.  This will unfortunately hamper UK’s financial status which is still finding ways to recover from 2008’s global financial crisis. The report suggested that "non-EU Tier 1 and Tier 2 migrants, at present levels have a small positive impact on GDP per head" and contribute positively to net public finances and play an important part in the provision of education, health and social services. The report also states, "It would be remiss not to point out that there is widespread concern among employers regarding the impact that limits on migration could have”. British employers are worried about recent immigration restrictions. "Ability to base highly skilled foreign staff in the UK helps to attract investment that also supports British jobs"   Said Neil Carberry, Director of employment affairs at the Confederation of British Industry (CBI). "With numbers in the employer-sponsored work permit system already relatively low, there is little evidence that this part of the system should be the government's key priority on controlling migration," he added. "We should want to attract these people to come and retaining a route to settlement is a key part of that, although businesses don't object to having a more formal points test for the right to settle." [post_title] => UK can face financial threat if restriction on non-EU skilled immigrants continues [comment_status] => open [post_password] => [post_name] => [post_modified] => 0000-00-00 00:00:00 [menu_order] => 0 [post_type] => post [post_image] => [comment_count] => 0 [category] => 3764 [source] => 91 [meta_title] => [meta_description] => [meta_keyword] => [post_by] => Author [country] => 0 [status] => 1 [pretty_url] => uk-can-face-financial-threat-if-restriction-on-non-eu-skilled-immigrants-continues [editeddate] => 0000-00-00 [editedby] => [reviewstatus] => [rejectiontype] => [rejectreason] => [post_category] => 3764,3765,3834,3918,3926,3928 [post_tags] => 31421,31911,32176,32558,32871,32938,33769,33799 [plagiarisem_count] => 0 [cnt_image] => [post_dateadded] => 2011-09-07 12:53:24 [addedby] => 12 [inactive_reason] => [source_ref_id] => 429 [p_url] => uk-can-face-financial-threat-if-restriction-on-non-eu-skilled-immigrants-continues [c_url] => immigration-uncategorized )