Daily Mail News: The Financial Burden of Low-Paid Migrants
Thursday, 12 September 2024, 17:55
The Financial Impact of Low-Paid Migrants
In a recent statement, OBR official David Miles indicated that the financial burden posed by low-paid migrants on taxpayers can be quantified at an astonishing £150,000 each by the time they reach state pension age. This figure underscores the significance of understanding migrant characteristics. Miles emphasized that factors such as earnings and length of stay carry more weight than sheer numbers. Consequently, effective policies must take these facets into account to shape future immigration strategies.
Key Insights from OBR
- Financial cost to taxpayers: £150,000 per low-paid migrant
- Important characteristics: earnings and duration of stay
- Focus for policymakers: Assessing migrant impacts for better immigration frameworks
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.