TechRound: Experts Comment: How Will the Recent Changes in the UK Budget Affect Talent Drain in the Tech Industry?
November 4, 2024

Country / Territory
Related contacts
Related offices
Related content
Related contacts
Related offices
Related content
Related contacts
Related offices
Related content
The recently announced UK Autumn Budget has generated mixed reactions among the public and business owners, with significant changes affecting areas such as national insurance, income tax thresholds and Capital Gains Tax. Director Olga Nechita points out in TechRound that British citizens could feel their contributions to the economy are being overlooked, prompting them to seek alternative welcoming environments abroad.
Countries such as the UAE, Italy, Malta and Spain are capitalising on this sentiment by offering enticing tax incentives and immigration programmes. The budget's impact on businesses raises concerns about the UK's ability to retain entrepreneurs and attract new investment in a competitive global landscape.
Read more here.
Country / Territory
Related contacts
Related offices
Related content
Related contacts
Related offices
Related content
Related contacts
Related offices
Related content
Explore more at Fragomen
Video
Latin America & the Caribbean Managing Partner Leonor Echeverria explores how Latin Americaโs evolving immigration landscape offers accessible and flexible residence pathways for foreign nationals, highlighting key visa options, regional trends and the growing role of digital modernization across the region.
Podcast
Senior Associate Stephanie Weaver and Associate Julia Manacher continue their discussion on immigration law in popular culture, examining how television and media portray immigration processes and the realities behind common immigration storylines.
Media mentions
Partner Kevin Miner discusses how proposed H-1B salary threshold increases may raise employer costs and influence hiring strategies for specialized talent across industries.
Video
In this Mobility Minute, Manager Pierangelo DโErrico discusses Portugalโs newly approved nationality law changes and the potential impact on Golden Visa applicants and other foreign residents.
Media mentions
Partner Rajiv Naik highlights the importance of transparency, clear guidance and human oversight as AI use expands in UK immigration tribunals.
Video
Senior Associate Tuฤba รzyakup outlines how Europeโs Entry and Exit System (EES) introduces digital tracking of non-EU short-stay travel across the Schengen Area, requiring more proactive planning, accurate record-keeping and awareness of increased border processing times to avoid delays and overstay risks.
Media mentions
Partner Chad Ellsworth discusses recent H-1B lottery changes, including salary-weighted selection and filing restrictions, and how they are influencing employer selection outcomes and hiring approaches for foreign talent.
Work authorization
Senior Associate Tracey Kimberly explores the recent increase in RFEs for EBโ5 Iโ526E petitions, highlighting heightened USCIS scrutiny of source-of-funds documentationโparticularly in cases involving loan-based investments and property sale proceeds.
Work authorization
Director Audrey Morew examines how Nordic immigration systems, while increasingly digital and efficient, can embed compliance risk earlier in the processโplacing greater responsibility on employers to ensure data accuracy, internal controls and longโterm compliance from the outset.
Work authorization
Partner Rick Lamanna outlines Canadaโs entry requirements for the FIFA World Cup 2026, highlighting visa and eTA processes, border expectations and special measures for participants to help travelers prepare for seamless entry during the tournament.
Media mentions
Partners Aaron Blumberg and Daniel Pierce discuss how a US pause on processing certain work permit applications including OPT creates uncertainty for international students and employers while early court rulings offer limited case-specific relief.
Video
Latin America & the Caribbean Managing Partner Leonor Echeverria explores how Latin Americaโs evolving immigration landscape offers accessible and flexible residence pathways for foreign nationals, highlighting key visa options, regional trends and the growing role of digital modernization across the region.
Podcast
Senior Associate Stephanie Weaver and Associate Julia Manacher continue their discussion on immigration law in popular culture, examining how television and media portray immigration processes and the realities behind common immigration storylines.
Media mentions
Partner Kevin Miner discusses how proposed H-1B salary threshold increases may raise employer costs and influence hiring strategies for specialized talent across industries.
Video
In this Mobility Minute, Manager Pierangelo DโErrico discusses Portugalโs newly approved nationality law changes and the potential impact on Golden Visa applicants and other foreign residents.
Media mentions
Partner Rajiv Naik highlights the importance of transparency, clear guidance and human oversight as AI use expands in UK immigration tribunals.
Video
Senior Associate Tuฤba รzyakup outlines how Europeโs Entry and Exit System (EES) introduces digital tracking of non-EU short-stay travel across the Schengen Area, requiring more proactive planning, accurate record-keeping and awareness of increased border processing times to avoid delays and overstay risks.
Media mentions
Partner Chad Ellsworth discusses recent H-1B lottery changes, including salary-weighted selection and filing restrictions, and how they are influencing employer selection outcomes and hiring approaches for foreign talent.
Work authorization
Senior Associate Tracey Kimberly explores the recent increase in RFEs for EBโ5 Iโ526E petitions, highlighting heightened USCIS scrutiny of source-of-funds documentationโparticularly in cases involving loan-based investments and property sale proceeds.
Work authorization
Director Audrey Morew examines how Nordic immigration systems, while increasingly digital and efficient, can embed compliance risk earlier in the processโplacing greater responsibility on employers to ensure data accuracy, internal controls and longโterm compliance from the outset.
Work authorization
Partner Rick Lamanna outlines Canadaโs entry requirements for the FIFA World Cup 2026, highlighting visa and eTA processes, border expectations and special measures for participants to help travelers prepare for seamless entry during the tournament.
Media mentions
Partners Aaron Blumberg and Daniel Pierce discuss how a US pause on processing certain work permit applications including OPT creates uncertainty for international students and employers while early court rulings offer limited case-specific relief.


