Benefits of immigration Research Paper Example | Topics and Well Written Essays - 1250 words

Benefits of immigration - Research Paper Example ds that may lead to influx of population, additional spending on the welfare in order to provide them housing, employment, education and other basic facilities. Coppel, Dumont and Visco (7) mentioned that United States is the major country that is receiving immigrants in huge numbers among the OECD countries. Most of migration policies accept immigrants in form of visitors, family reunion allowing the family members to stay permanently, asylum seekers; skill based migration and on the basis of naturalization rules. The policies defined by the nations not only allow migration of people but also benefits the host country economically and culturally which is analyzed in the present paper. Most of the policy makers debate upon the role of immigration that can ease the economic and budgetary impacts of declining and ageing OECD populations and addressing skilled labor shortages in various sectors (Coppel, Dumont and Visco, 4). Most of the nations would benefit from the immigration as it will lead to inflow of people into the market benefiting the native born population. Immigrants will buy goods and services from the native industries resulting in increased profit to the native firms and people (Novelguide.com, 14). According to recent report by Dr. Raul Hinojosa-Ojeda, it is found that comprehensive immigration reform will enable future flow of legal workers resulting in large economic benefit of $1.5 trillion in US GDP over the next 10 years (Immigration Policy Center, 1).The benefits of additional GDP growth would be spread throughout the US economy and higher earning power of newly legalized workers will result in the increase of tax revenues of $4.5 to 5.4 billion and will stimulate the economy giving rise to services in banking sector, housing and business. United Kingdom, too, witnessed growth in its GDP due to immigration and allowing the employers greater choice in a wider labour market and to find better match between vacancies and available labour (UK