Is immigration a good thing or a bad thing? Well, the subject of immigration is a hot topic of debate. The team of Global Immigration Specialist found that people are having different points of view. While one group holds the opinion that immigrants arrive in large numbers, steal jobs from the native workers, weaken the native culture, and becomes a burden to the taxpayers whereas, another group completely holds a different opinion. They point out that the immigrants give a boost to the country’s economy, offer dynamism, and overcome the skill-shortage of the destination country.

What Does the Study Reveal?

Based on several studies by experts, it is evident that migrant workers accord notable economic benefits. But some local and short-term economic and social costs are associated with it.

Just like other debates, such as the debates on trade, where a hunch for protection by the industries trounce the long-term need for more open societies; in the same manner, the crucial role that is played by the migrants in the economic development of a nation is usually overpowered by the defensive actions taken to keep the immigrations out from a country.

The only way to deal with such a situation is to come up with policies. The policies would not only help the migrants to move to a new country but at the same time, the benefits offered by the policy would easily reimburse the losses.

Is Immigration Good or Bad?

This is a million-dollar question that is crossing the minds of most people at this moment. In the following section of this article, we have tried to find the answers to this puzzling question. Read on to find out more.

World Is On The Move

According to a study, roughly there are 230 million immigrants, and they make up around 3% of the global population. This data is from the year 2017. When compared with the data available from 2000, it was seen that the increase took place from 2.8%. The study even showed that 90% of the immigrants moved to other countries voluntarily, mostly for economic reasons. Only 10% moved out from their country of birth for escaping adversities. This figure hasn’t changed much over the decade.

With the world’s population increasing by fourfold; the same could be said for the immigrants. From the early 1900s, the number of nations has increased from 50 to 200. With the number of borders increasing, the number of migrant people is also rising.

Global Annual Flow

The experts of Global Immigration Specialist love to point on the trend of the global annual flow of almost 15 million immigrants. They have pointed out that the immigrants fit into various categories. The categories are: economic, student, refugee/asylum seekers, and family. 6 million migrants moved to other countries for economic reasons; 2 million migrated to a new country to follow their family members and so on.

Official records state around 20 million refugees are recognized as official all over the world. From these 20 million, 86% of the immigrants are being hosted by the neighboring nations. 10 years ago, the number was only 70%.

Why Migration to the US?

In the US, one-third of the migrants who have legal papers are skilled. The same trend could be seen in Europe. The percentage echoes the need for migrants for the economy. Governments that are open to immigration are assisting the nation in their business endeavor. After all, businesses become more nimble, adaptive, and profitable in the search for talents. This, in turn, helps the government to get more revenue.

Well, it’s not only the highly-skilled immigrants who are important. As a matter of fact, unskilled migrants are equally important in the US. They contribute to society by working in the construction, service, and agriculture sector.

Immigrants are very important. Hence, why so much fuss about immigrants migrating to other places.

Why The Fuss?

The professionals of Global Immigration Specialist pointed out that some think the migrants take up the jobs of the native people and destroy the economy. But it’s not true. In the US, companies like Google, eBay, Intel, Yahoo has been founded by migrants. As a matter of fact, skilled migrants make up more than half of the start-ups of Silicon Valley and over half of the patents.

Research conducted by the Federal Reserve Bank of San Francisco revealed that immigrants are responsible for improving the productive capacity of an economy, by encouraging investment and assisting specialization. This, in turn, leads to increased efficiency and boosting the income of every worker.

World Bank points that improving migration by 3% in developed nations can produce global economic gains of $356 billion. The net fiscal effect of immigration showed that immigrants give more amount of tax than the benefits they receive from the country.

Economists are predicting that if borders were kept open and if workers are allowed, it would offer a gain of almost $39 trillion to the world economy. So, immigration is good for the economy. With more money circulating within the economy, more jobs would be generated. Thus, it would be good for the GDP of a country.

Negative Aspects

The experts working with Global Immigration Specialist feels that the negative side of the immigration needs to be looked into. However, countries should come forward and acknowledge the fact that migration has been helpful for progression and dynamism.