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UK INCREASES SKILLED WORKER PAY THRESHOLD TO RS 40.8 L: IMPACT ON INDIANS
The Business Guardian
|April 05, 2024
Since the minimum salary requirement has increased, many Indian workers, especially those in entry-level or mid-level positions, might no longer meet the income criteria for the visa
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The UK government has implemented a significant increase in salary thresholds for the Skilled Worker visa, effective today (April 4, 2024).
This adjustment raises the minimum salary requirement for individuals seeking entry to Britain on this visa by 48%, from £26,200 (approximately Rs 27,65,960) to £38,700 (approximately Rs 40,85,597). Additionally, applicants for family or partner/spouse visas will see the minimum income requirement climb from £18,600 (Rs 19,63,620) to £29,000 (approximately Rs 30,61,559), with these changes slated for implementation on April 11.
A spokesperson from the British High Commission told Business Standard, "The UK government announced its plan to curb immigration abuse and cut net migration at the end of 2023. Part of the package of measures includes an increase in the minimum earnings threshold for Skilled Worker visas while UK employers have been asked to focus on recruiting the brightest and the best." General salary threshold increase.
The primary change is the increase in the general minimum salary requirement for the Skilled Worker visa from £26,200 to £38,700 annually. This hike includes several job categories, potentially affecting sectors dependent on skilled workers from abroad. However, specific exemptions exist, notably for healthcare workers.
Previously, skilled workers needed to earn a minimum salary to qualify for the visa. Now, that minimum salary has been increased. This means that only those with jobs offering a salary above the new threshold will be eligible to apply for the skilled worker visa. Potentially fewer applicants: With a higher salary requirement, the pool of eligible workers may shrink. This could impact specific industries that rely heavily on skilled foreign workers.
This story is from the April 05, 2024 edition of The Business Guardian.
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