"Shabana Mahmood's migration changes are expected to save just 600m, about 6% of the 10bn the home secretary claimed, according to the government's own data."
"Portes said that the savings were likely to be offset by costs of migrants leaving the UK and high earners being deterred from moving to the UK."
"The newly released data from the migration advisory committee suggests migrants are net contributors for the first two decades after arrival, only turning negative after about 40 years."
"Benefit expenditure is much smaller than tax contributions, indicating that the fiscal impact of migration may not be as detrimental as suggested."
Shabana Mahmood's migration changes are projected to save 600m, about 6% of the claimed 10bn. Most individuals would wait 10 years for settled status. Jonathan Portes noted that savings could be offset by costs from migrants leaving the UK and deterring high earners. Mahmood stated that 350,000 low-skilled workers would qualify for settlement, impacting public services. The migration advisory committee's data indicates that migrants contribute positively for the first two decades, with negative contributions emerging later due to pensions and social care costs.
Read at www.theguardian.com
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