Pushing global talent away

The Government’s proposed overhaul of immigration rules could deter highly skilled professionals and entrepreneurs from choosing the UK, according to Azets.

The whitepaper, Restoring Control over the Immigration System, proposes sweeping changes including raising salary thresholds, tightening language requirements, and doubling the timeline to qualify for settlement.

While the proposals aim to reduce net migration, advisers say they could have the unintended effect of weakening the UK’s competitive edge, particularly in sectors like tech, education, and innovation where international mobility is vital.

“For many fast-growing businesses, access to global talent is a non-negotiable,” said Azets Andreja Okamgba (pictured).

“Lengthening the settlement process and increasing the cost of sponsorship risks sending a clear message that the UK is becoming harder and less welcoming to build a life in – especially for entrepreneurs weighing up where to launch their next venture.”