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44784
registered interest false more like this
date less than 2014-03-24more like thismore than 2014-03-24
answering body
Home Office remove filter
answering dept id 1 remove filter
answering dept short name Home Office more like this
answering dept sort name Home Office more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for the Home Department, what assessment she has made of the contribution of the (a) Tier 1 (Entrepreneur) visa route and (b) Tier 1 (Investor) visa route on economic growth. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 193286 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-30more like thismore than 2014-04-30
answer text <p>The Migration Advisory Committee (MAC) advises the Government on economic issues relating to migration.<br><br>On 1 July 2013 the MAC published a &quot;Report on the economic and labour market impacts of tier 1 entrepreneur and investor migrants to the UK&quot; which it had commissioned from the Migration Observatory. The report made a number of findings, although it concluded that it was too early to make a full assessment of the economic contribution of the two routes without further research. The report is available on the gov.uk website at:<br><br><a href="https://www.gov.uk/government/publications/economic-and-labour-market-impacts-tier-1-entrepreneur-and-investor-migrants" target="_blank">https://www.gov.uk/government/publications/economic-and-labour-market-impacts-tier-1-entrepreneur-and-investor-migrants</a><br><br>More recently, on 25 February 2014 the MAC published its own report, &quot;Tier 1 (Investor) route: investment thresholds and economic benefits&quot; in response to a Government commission. The MAC concluded that the direct investment required by the route is of little or no benefit, but there is some benefit from indirect spending by investors and their families in the UK (although this is difficult to quantify). The report is available on the gov.uk website at:<br><br><a href="https://www.gov.uk/government/publications/the-investment-limits-and-economic-benefits-of-the-tier-1-investor-route-feb-2014" target="_blank">https://www.gov.uk/government/publications/the-investment-limits-and-economic-benefits-of-the-tier-1-investor-route-feb-2014</a><br><br>The Government keeps all routes under review and is currently considering its response to the MAC's report on the Tier 1 (Investor) route.</p><p> </p>
answering member constituency Old Bexley and Sidcup more like this
answering member printed James Brokenshire more like this
question first answered
less than 2014-04-30T12:00:00.00Zmore like thismore than 2014-04-30T12:00:00.00Z
answering member
1530
label Biography information for James Brokenshire more like this
tabling member
1586
label Biography information for Adam Afriyie more like this