The Economic Benefits of Immigration

 It is known to all that immigration can open up a lot of opportunities to people, than those available in their home country. But, very few know that a country welcoming the immigrants also benefits from this process. Most of these benefits of immigration fall in the economic category. To start with, a sudden increase in the availability of labour reduces the wages to a great extent.

The Benefits Reaped By America

As a result, a large amount of money of the home country is saved. In this regard, the United States of America saw a heavy inflow of labor in 19^th century, to take up jobs in industrialization and electrification sector in the country. But soon, the inflow of labor experienced a severe blow in the year 1929 with the passing of the restrict immigration laws.
It is noted that when a country possesses the ability to manage labor inflow efficiently, it experiences a greater economic benefit than otherwise. Countries expand their productive capacity, when a large number of immigrants start coming in. Better productivity is a direct result of greater investment. The large number of working labor, encourage investors to put their money in the development of the host country.
In the last 50 years, once again, the United States of America proved to be successful in making the best use of immigrants who were looking for brighter career opportunities outside of their home countries. USA’s move proved to be beneficial to both the immigrant and USA itself.
A reflection of this was seen in the period 1990-2010, when 30 percent of the country’s productivity is attributed to immigrants. Similarly in the year 2006 the country saw that, as much as 25 percent of the high tech companies in the U.S., are established by the immigrants in the country. The productive capacity of these establishments is not to be underestimated as they have been successful in making sales of over a million dollars.
The contribution that the immigrants are able to make, for the economic development of countries like the United States of America, is because of the high level of education the immigrants have acquired. This is something the natives have not been very successful with. It is commonly observed in the USA that the immigrants take up those jobs that the natives do not take or are not interested in. As a result, this makes sure that there is no lack of service, despite less number of takers within the country.

 source by---http://www.y-axis.com

Best overseas job portal in India

World's No 1 International Job Portal