Border Force officers check the passports of passengers arriving at Gatwick Airport in 2014, in London, England. Getty Images
Border Force officers check the passports of passengers arriving at Gatwick Airport in 2014, in London, England. Getty Images
Border Force officers check the passports of passengers arriving at Gatwick Airport in 2014, in London, England. Getty Images
Border Force officers check the passports of passengers arriving at Gatwick Airport in 2014, in London, England. Getty Images

MP says changes to spouse visas are forcing academics and innovators to leave UK


Soraya Ebrahimi
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Raising the earnings threshold for Britons to bring partners into the country on a spouse visa is “forcing academics and innovators to leave”, an MP has claimed.

Liberal Democrat MP Layla Moran said the government is using taxpayer money to train highly qualified researchers, but that immigration policy then forces them out.

The government announced in December that it would raise the earnings threshold UK citizens must meet for their partners to secure a spouse visa.

Ministers said it would help the government reach its aim of cutting immigration.

The threshold is due to rise from £18,600 ($23,695) to £29,000 in the spring, with plans for it to rise to £38,700 in early 2025.

“The government’s recent spouse visa policy to increase the salary threshold is forcing academics and innovators to leave," Ms Moran told the House of Commons.

She told of a British constituent of hers graduating from the University of Oxford with a PhD funded by UK Research and Innovation.

Ms Moran said the constituent is married to an American who “cannot live with him because the job he has been offered will be paid well below the salary threshold”.

The man’s wife is graduating from a different university with a PhD, Ms Moran said.

UK's new immigration rules explained - video

“Can the minister explain why is this government using taxpayer money to educate people to become highly qualified researchers if its immigration policy then forces them to leave?” she asked.

Science Minister Andrew Griffith responded: “A fair immigration policy is absolutely part of an open Britain.

“And it’s right that those who are coming here from overseas, living cheek by jowl with those who clean their labs, who drive their local buses, empty their bins, make their fair share and contribution to the UK economy.”

UK retreats on plans to raise salary threshold to £38,000

In December, Prime Minister Rishi Sunak retreated on plans to raise the salary needed for migrants to bring foreign family members to live in the UK to £38,700 ($49,075), by reducing it to £29,000.

The measure, an increase from £18,600, will also not come into effect until April when it had been expected to start in January.

“There is now going to be a scramble because the new regime will be applied to those who make their application after the April date,” said David Jones, a veteran backbencher who sits on the right wing of the Conservative Party.

“People will now be rushing to apply for their visas before the April deadline. I just think that the government should be far more robust about this.”

Home Secretary James Cleverly had announced the increase as part of a package of measures to curb legal migration.

“This plan will deliver the biggest ever reduction in net migration, with around 300,000 fewer people coming to the UK compared to last year, delivering on our promise to bring the numbers down,” Mr Cleverly said then.

The government insists the reduction in net migration will still be achieved.

The move attracted criticism as it threatened to tear apart families, with many having their futures thrown into doubt as the government considered the details of the policy.

Home Office minister Andrew Sharpe confirmed the change of plans in answer to a written parliamentary question on Thursday.

Mr Sharpe said the threshold of £18,600 allows 75 per cent of the UK working population to bring their foreign family members into the country to live.

Increasing the threshold to £38,700 would limit the same right to 30 per cent of the working population.

Mr Sharpe said that in the spring of 2024, the threshold would be increased to £29,000, then later £34,500, then £38,700, without giving a precise date.

But Mr Jones, the former Welsh secretary, objected to the “considerably lower” amount now proposed.

“There could have been a far more focused way of dealing with this rather than simply dropping the threshold to a lower level,” he said.

“This should also have commenced in January with the £38,700 threshold maintained. People will be very disappointed at this volte-face.”

However, Dr Madeleine Sumption, of Oxford's Migration Observatory, told The National the figure meant some families would be forced to separate while a partner tries to earn the requisite salary.

“But sometimes people are unable to do that and they can be separated for very long periods of time,” Dr Sumption said.

Britain now had the highest salary requirement, she said.

“I'm not aware of any other countries that have an income threshold even as high as £29,000. The US, for example, has a threshold of less than £20,000.

“Some people will basically never be able to do it, so substantial numbers of people would still be affected, I’d say up to 30,000.

“Unlike a lot of immigration policies … one of the key impacts is on British people, who can't bring their spouse to the UK if they marry someone from overseas and if they don’t have the right income.”

In a fact sheet detailing its plans, the Home Office confirmed that changes to the family visa scheme would only apply to new applicants.

Anyone granted a fiance-fiancee visa before the minimum income threshold is raised will also be assessed against the £18,600 requirement.

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UAE currency: the story behind the money in your pockets
The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Updated: January 10, 2024, 7:38 PM