Re: Your take on the impact of visa restrictions by developed economies| Good, bad or ugly? Quote:
Originally Posted by v1p3r Most of these middling white countries - EU, UK, Canada, Australia - keep whining about immigration. |
You are right but there are some nuances for each country, for Canada and to a lesser extent Australia, immigration was considered as a silver bullet that would provide unlimited economic growth forever. At some point, Canada overdid it and keep bringing in immigrants while doing nothing else to stimulate the market and provide jobs & homes for these immigrants. Unfortunately, while immigrants help in stimulating growth, it’s one among a multitude of factors, so without these factors, there was no point bringing in highly skilled workers with nowhere to work or live at. So, we have idiosyncrasies like apartments in Toronto being more expensive than New York City. Part of the problem is the US itself which actually has the right conditions to generate growth using highly skilled immigration, but their Chola-era immigration system forces three in four Indian students to leave the US - many of whom left for Canada causing a huge loss of valuable human capital, many of which were funded by American scholarships. Australia never went as overboard as Canada and famously never had a recession for decades but that’s what happens when you are sitting on tonnes of Coal, Lithium and Copper.
The UK predicament is just as you described but worse! They are trying to cut legal immigration and numbers of foreign students who bring in billions of dollars into your economy and potentially even more if they work there. The Tory rule of the past decade is an 101 on how to destroy a high-tech economy with a capital that’s the envy of the world in terms of its global reach. I doubt any world power has become irrelevant as quickly as the Brits, I wouldn’t be surprised if the UK becomes an free trading outpost for Indian businesses in 2-3 decades just like Dubai or Singapore because let’s be honest, London is like the third stop of a Rajdhani train route at this point (first two being Dubai and Singapore respectively).
Don’t even get me started on the EU. The Dutch, Swedes and to some extent the Germans have a relatively good system to attract talents but other countries have strange systems. In Belgium for example (where I did my masters), students couldn’t even get an extension to look for a job after graduating like literally every other Western country, and ironically our tuition was heavily subsidised unlike say the Netherlands. So, the Belgian government was spending €14,000 per foreign student or even more if they have a scholarship, only to force them to leave throwing their tax payer money down the drain, though I believe they did fix this system. Denmark makes it really hard to get even a PR, same with the Austria and the Swiss though they do seem to have better quality of immigrants than the rest - more integrated. Lots of opportunities in Poland but they are racist even toward Spaniards  The EU really makes up for all this with their old world charm though, someone really has to check if there are black holes near Europe and South America because time flows slower there than the rest of the world (in a good way).
There’s generally less in your face racism in the EU, you generally won’t have people telling you to go back to your country (atleast from an Indian perspective) but there’s always an opportunity drag when it comes to more senior positions. It’s hard to imagine an Indian-born person becoming a CEO of a EU based corporation or even the Dean of a faculty in a university though you’ll still be able to work in middle management without prejudice. This might also be because of other factors - the Indian community is much more strong in Anglo countries - there were more Indians in the UK than the whole of the EU put together around 5 years ago, the language and also more historical links and roots.
The UAE has a nice system to attract expats (not immigrants) but there’s always a feeling that the rules are decided based on which side of the bed a very important person woke up that morning, not ideal for stability. The Gulf countries in general, these things work like a switch, really drives you crazy sometimes.
Last edited by dragracer567 : 2nd September 2024 at 02:51.
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