The Economic and Labour Market Impacts of Tier 1 entrepreneur and investor migrants

Publication date: 12 Jun 2013 | Publication type: Report | Theme: Trade, Investment & Productivity, Employment & Social policy, Exiting the EU & Britain after Brexit | NIESR Author(s): Nathan, M; Rolfe, H | External Author(s): Carlos Vargas-Silva

This report examines the economic impacts of entrepreneur and investor migrants who come to the UK through the Tier 1 route, introduced in 2008. The research for the report was commissioned by the Migration Advisory Committee (MAC) in February 2013. Tier 1 entrepreneur and investor migrants originate from outside of the European Economic Area (EEA) and the research therefore builds on previous research commissioned by MAC on the impact of migration on the UK. The research included a review of existing research both in the UK and internationally, an examination of UK datasets, and new qualitative evidence through case study interviews with Tier 1 entrepreneurs and investors. These findings are presented in Sections 1 - 3 of the report and are followed by conclusions and policy implications in Section 4.