Tier 2 Visa Changes Could Affect Luxury UK Businesses
It has been announced that the UK government have introduced a new ruling for Tier 2 visa changes. The majority of non-EU migrants in the UK, on a Tier 2 visa, will now have to earn a minimum salary of £35,000 in order to qualify for settlement in the country.
Anyone from outside the EU who has come to the country as of April 2011 via a Tier 2 visa could now face deportation.
The change has attracted a large debate regarding businesses in the UK who depend on foreign talent or skilled works as now it will be much harder for them to recruit these professionals from outside of the EU. It has also been raised that this could have a negative impact on the number of non-UK entrepreneurs looking to set up companies in Britain. This is bad for the luxury market as on the one side, these luxury brands rely heavily on foreign works, for manufacturing, delivery and for translating. In addition, it accepts the prospect of chic and independent high-end brands setting up companies from abroad in the UK. Having to pay high wages means they?ll not only be less attracted to do it but they?ll have to employ workers who won?t know the brand, as well as their homegrown staff, would.
The Tier 2 Visa Changes
Tier 2 visas are given to non-EU workers, which are sponsored by a company.
This visa route is set up to do the following:
Employ workers from overseas where it is evident that the position cannot be filled by an individual who is based locally.
It allows skil...
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