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The new joint visa applications across Europe and the UK could open the door to potential investment, but won’t cause an influx of talent, according to recruitment firm, Antal International.
According to an article in the Independent, George Osborne has bowed to pressure from businesses and agreed to bring a joint visa application for the UK and other European countries to help lure wealthy Chinese visitors. For the first time Chinese applicants will be able to submit just one form covering them for both Britain and the EU Shengen agreement countries through selected travel agents.
In response to the announcement, Antal International remarked that this move will have limited impact on the jobs market. The employment experts explained that this has some potential to attract investors from China, but the best career opportunities will be back home.
Tony Goodwin, Chairman and founder of Antal, commented, “China is a booming economy and one that many organisations worldwide admire. Taking steps to encourage investment from this prosperous area is a move many hope will bring the UK market back up to scratch. However, there will undoubtedly be concerns that this will lead to an influx of job seekers. This is simply not the case. With vast opportunities in China, there has long been a trend for students to move to the UK for study, but return to their country to work. This latest development will not change this attitude, but it is positive in terms of encouraging free markets, professional labour flow and investment from China into UK.”
Goodwin instead called on UK businesses to take advantage the success of the Chinese market. “Rather than worry about the potential for an influx of candidates in the UK, senior managers and professionals should instead consider the opportunities available for them in China.”