Notice: wp_enqueue_script was called incorrectly. Scripts and styles should not be registered or enqueued until the wp_enqueue_scripts, admin_enqueue_scripts, or login_enqueue_scripts hooks. Please see Debugging in WordPress for more information. (This message was added in version 3.3.0.) in /home/immigration/public_html/wp-includes/functions.php on line 4138
Student visa clampdown will cost UK economy £3.6 billion, MPs claim | Immigration Matters

Want to learn more about UK/EU Immigration Law? Click Act Now to learn more... Act Now

Hide
Show
Call Us +44 7950 458 464 | info@immigrationmatters.co.uk
 Categories : News

 

A clampdown on Tier 4 foreign students is set to cost the British economy £3.6billion, MPs will claim today, The Sun reports.

A report from the Commons Home Affairs Committee accuses Home Secretary Theresa May of endangering the nation’s recovery.

The MPs argue the country will lose the revenue from non-EU pupils’ tuition fees as well as tax on their future earnings.

More than 300,000 non-EU students came last year. Many will use loopholes to stay on when their visas run out. Home Office plans to slash the numbers have already been watered down after a revolt by Business Secretary Vince Cable.

The committee accused the Government of rushing the legislation. Chairman Keith Vaz said: “We need an evidence-based policy which does not adversely affect the economy.” Source: The Sun.

The BBC reported yesterday that the Scottish Affairs Committee warned that tighter student visa restrictions will have a disproportionate impact in Scotland.

The MPs claimed that abuse of the current system was “largely insignificant” in the Scottish context, which earns £500 million from non-EU students.

Immigration Adviser for Bison UK, Cynthia Barker said:

‘International students contribute over £40 billion to the UK economy, so the losses could be far higher than £3.6 billion.’

Bison UK are currently offering free advice sessions to student worried about the impact of the 4 July changes to the Tier 4 student visa immigration rules.

The UK is the second most popular destination for international students, after the US, but following the recent Tier 4 rule changes and the government’s pledge to slash the number of students and migrants coming into the country it remains to see how long it will retain this position.

See also:

Competition between Universities and private providers for home students hots up

New Tier 4 student visa rules now in force

Wanted by UK Government – 1000 exceptionally talented migrants

If you need any immigration advice or help with Sponsorship or Work Permits, Visa, ILR/Settlement, Citizenship, dependant visa or an appeal against a refusal please email: 

info@immigrationmatters.co.uk or visit www.immigrationmatters.co.uk

Looking for a college or University or need advice?

UKUS is a free University and College Admissions and advice service based in London, UK. Students interested in studying abroad can complete the Online UKUS Registration Form for more details.

Spread the Word, like or share this page, your friends will also love it and thanks for it.



Do you employ foreign workers? Don't risk a £20,000 fine and a possible custodial sentence. We can advice on Entrepreneur Visas, Investor Visas and Home Office sponsor licence compliance for your business. Use the button below to schedule an appointment...

About

Immigration Adviser, Speaker and Author See also: www.LinkedIn.com Profile - http://www.linkedin.com/profile/edit?trk=hb_tab_pro_top www.Ecademy.com Profile: http://www.ecademy.com/account.php?id=110038 http://www.facebook.com/#!/groups/14119859749/

7 Responses to “Student visa clampdown will cost UK economy £3.6 billion, MPs claim”
Read them below or add one

  1. […] The Tier 4 visa changes were slammed this week by MP’s on the Commons Home Affairs Select Committee who said the measures would cost the UK economy £3.6 billion. […]

  2. […] The recent Tier 4 visa changes were slammed last week by MP’s on the Commons Home Affairs Select Committee who said the measures would cost the UK economy £3.6 billion.  […]

  3. peter okuns says :

    In this era where economy is the key, it is unwise to rush any policy without proper weighing of the adverse consequences.Uk universities to an extent depends on foreign students and reck in billions of pounds through tax money for the economy. Its better to revisit the policy and adopt a gradual approach to issues and not a military way of veto. If the scortland is hard hit by this policy it could speed up their desire for independence. At the moment the economy is near recession again and when this come in place the economy might be hard hit.

  4. […] The Tier 4 visa changes were slammed this week by MP’s on the Commons Home Affairs Select Committee who said the measures would cost the UK economy £3.6 billion.  […]

  5. […] The Tier 4 visa changes were slammed this week by MP’s on the Commons Home Affairs Select Committee who said the measures would cost the UK economy £3.6 billion.  […]

  6. […] However, the MPs criticised the decision by the Home Secretary Theresa May and the coalition government for ignoring the Home Office’s official assessment of the policy.  According to official impact assessment the policy on tier 4 student visas would cost £3.2 Billion to the UK economy. […]

Leave a Comment

Your email address will not be published. Required fields are marked by *.

You must beLogged in to post a comment.