The United Kingdom – A Premier Destination for Intellectual Talent

The growing competition in the world among the nation-states to promote economic prosperity following the innovation-based labour economy reflects the opposition to attain intellectual that occurs through developing intellectual value creation. UK has become a prime destination in the pursuit of highly skilled migrants by utilizing a set of visas to ease the movement of skilled workers into the country in the fields deemed vital by the economy like healthcare sector, ICT sector and the academic sector. In spite of the fact that the economic contributions of these migrants have already been thoroughly investigated and documented, there is scarcely any integrated analysis in existing scholarship as to how targeted migration programmes influence sectoral development and national productivity. The paper critically examines the national policies on intellectual migration in the UK, evaluates the profile of skilled migrant demographically and professionally as well as explaining their economic effects. The results show that migrants especially the non-EU ones occupy the high-skill industries; 62 % of these skilled visa holders work in the healthcare sector. Moreover, the foreign professionals have great impacts on education and entrepreneurs whereby the firms founded by the migrants constitute one of every seven firms in the UK. The study also shows the rubric of visa policy and labour-market adaptation in way that individual tailored pathway involving the Global Talent, High Potential Individual visas helps to attract innovative and academically qualified persons. The above understandings reiterate the centrality of the idea of intellectual migration in economic vitality survival and the necessity in policy- making to acknowledge international credentials coupled with the issue of over qualification so as to utilize most of the migrants.

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