Thursday, October 25, 2018

Due to student visa restrictions UK has missed out on billions which seems disheartening!


The UK economy owing to its immigration changes may have lost out on billions of pounds in export earnings from international students according to a new analysis published by Universities UK.
According to the analysis, when the government scrapped the post study work visa, the country lost more than 8 billion pounds in the period 2013-17.
There was a slight dip in the number of student enrolments due to the immigration rule changes between the period of 2012-17 according to the analysis.
The analysis is based on two scenarios, the continuation of non-EU growth between 2008 – 2012 and a visible growth of non-EU student growth in Australia Post 2017.
According to the reports, it was revealed that 442375 international students constituted 19% of the students registered at UK universities, consisting of 6% from EU and 13% from non-EU countries.
According to analysis, the income and economic activity of these students resulted in 25.8 billion pounds in output and 206,600 jobs for the UK economy in 2014-15.

In terms of international student enrolments countries such as US, Australia, France and Germany all grew at a faster rate than the UK, with growth rates in 2014-15 of 9.4%, 10.7%, 1.8% and 8.7% respectively.
It revealed that in 2016-17, 442,375 international students made up 19% of all students and in this period, the UK’s international enrolments grew just  by 0.5%
The Chief executive of Universities UK Alistair Jarvis said  that he expected the UK to be doing “better.” He called on Theresa May’s government to “reshape” the immigration system.
“Since 2011, countries such as Australia, Canada, and the US have seen high growth in international demand for study in their respective countries while the total number of enrolled international students in the UK is less, he said.
“The UK  should definitely be doing much better than this. In order to keep up with competitors, the UK government needs to promptly develop a reshaped immigration system that recognises the value of international students as temporary visitors and declare to the world that they are welcome here.”
Jarvis’ viewpoint  is that this should include improved post-study work opportunities.
“International students provide a positive and fantastic economic boost in terms of spending and job market in communities across the UK. They enrich our campuses with their approach and the experience of UK students is enhanced both academically and culturally.
“The income and economic activity of these students resulted in £25.8bn”
“Many return home after building strong professional and personal links here that provide long-term, ‘soft power’ benefits for the UK,” he added.
UK recently announced a type of  visa that would allow international students to gain work experience in the UK for up to two years after graduation.
The new visa would allow a wider range of employers – in all parts of the UK – to benefit from  a wide access to multi talented graduates from around the world that include small and medium employers who do not have Tier 2 sponsorship licences due to the high costs involved.

recent poll by ComRes  which was based on the views of more than 4,000 British adults, revealed also that in relation to the UK government’s immigration policy, only around a  quarter of British adults say that they view international students coming to study at UK universities as immigrants.

It revealed also that nearly (72%) of British adults polled actually think that international students would  be able to stay in the UK post-graduation for one year or more in order to gain work experience.

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