Thoughts on new UK visa scheme for top graduates?
Graduates of top non-UK universities are eligible for a visa scheme for 2 years w/o required sponsorship. As an American who would want a few years of work experience outside the US under my belt, seems like a good prop and am open to the opportunity. I am perfectly aware of all the upsides and downsides that comes with living there (good chunk of my family already lives there).
Do you think this will actually attract people to move to the UK?
It would heavily depend on the individual and their ties to the UK.
I am not sure how many US top tier grads would want to move to the UK for a few years.
It would be very interesting to see how employers react to this scenario, maybe a few banks could offer bi-national rotation programs in both places?
The visa itself is only half the solution, even top tier grads may struggle with finding a job in the sector they want to be in. I.e. researchers or scientists might be better off in other locations than London. But it might work well for finance.
Some of the Top 50 schools on the list are also not well known colleges.
While the EU immigration numbers have fallen post Brexit, overall the non-EU number of immigrants have increased significantly. One of the Brexit promises was a renewed (=limited) visa scheme for immigration to the UK. This promise wasn't kept at all and some people won't be happy about it. In absolute numbers this visa, in addition to increased non-EU immigration, would mean that overall immigration to the UK is rising considerably.
It's not a path to residency / citizenship so I doubt that it will be popular compared to the more conventional Skilled Worker visa.
Not comparable - you don't need a job offer for the HPI.
Why is it not comparable? Employers would be reluctant to hire people on this visa given the term restrictions. It might be valuable for temporary internal transfers of experienced hires but not for first-time employment. If you're a recent grad and can't find a job in the UK with this visa then what's the point?
London sucks. If you graduate from a top US school, NYC is the way to go.
I do think that looking at the top universities globally was the wrong way to go about it; I can't possibly see anyone from the listed American universities coming here - and they make up half the list.
They ought to have looked at the countries where Britain gets most of its skilled graduate labour from (India, Australia, Canada, Hong Kong, Singapore, South Africa) - and selected the top universities within each of those countries.
Ahahahahaha
Are employers willing to hire people that they know wont stay after 2 years due to visa restrictions?
If there's a pathway then it's fine, but if there's not, then finding an UK job could be quite challenging with this visa I suppose.
I believe they will, especially in the finance sector. Historically the share of foreign EU workers in London's financial industry has been high. Now with Brexit, these EU workers require a visa, meaning that in order to maintain a pre-Brexit number of jobs (or even 50%) in London's finance sector, the banks/institutions would have to sponsor considerably more work visas than what they used to. Of course this fails if the number of jobs in London shrinks considerably after Brexit, but I believe this hasn't been the case so far. So, now banks are more willing to sponsor a visa to a foreign worker, and the guys under this new 2-year visa would have it easier to switch to a Skilled Worker Visa.
Employers are now legally required to ask for RTW in the UK and, frequently, shun from hiring candidates who are here on the limited EUSS (pre-settled). They are more keen to hire candidates with unlimited/open visas (ILR/settled) for the UK to avoid future sponsorship scenarios/costs/hassle.
I don't know what that means for this particular visa. But a rotation program could use this perfectly or the company would have to sponsor the candidate post visa.
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