Rising costs and stricter rules in UK immigration lead to shift from retirees to young professionals – Mishal Patel

Loading player...
The United Kingdom has long been a preferred destination for South Africans eager to expand their horizons by living and working abroad. In many areas, such as Wimbledon, it's common to hear Afrikaans spoken. However, under pressure to reduce migration numbers, the UK government has recently tightened its immigration rules. Mishal Patel, Director of Citizenship and Immigration at Sable International, identifies the escalating costs as the most significant change impacting South Africans. In an interview with BizNews, Patel said increases in the  Immigration Health Surcharge, stricter family visa requirements, and limitations on students bringing dependents to the UK have resulted in a 5-6% decrease in immigration interest. He says there has been a noticeable shift in the demographic profile of South Africans looking to emigrate, moving away from retirees towards younger professionals. Despite these changes, the UK continues to demand healthcare, hospitality, and construction professionals. To support individuals considering relocation, Sable International will host a series of Expos across South Africa in November. The immigration specialists have also introduced a new Refusal Review Service to assist people whose passport applications have been refused.
28 Oct 2024 7AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min

BizNews Ricardo Portfolio update: Afrimat, Clicks, Chubb, Teledyne

Alec Hogg went into this episode wanting to sell two shares. The rules he built for the Ricardo portfolios talked him out of at least one. In the first of a new run of Premium portfolio updates, he put four fresh sets of results through the same valuation test: Afrimat,…
22 Oct 8AM 41 min