There is a lot to take in and to consider when it comes to the subject of Brexit. Some people say climate change helped cause Brexit. Others say that it is Tony Blair's fault. UK millionaires think Brexit will make them even richer. Tesco stopped selling Heineken beer because of Brexit. There is debate over whether Brexit will make the UK safer or possibly less secure. Since the result of the June 2016 Brexit referendum, which created shock waves across the world, the British public, businesses, analysts and lawyers have waited for what this might mean for European Economic Area or EEA nationals and the impact on trade and business in the UK.
With the goal of better understanding how to help employers minimize risk caused by Brexit, BAL Immigration surveyed companies across several industries to pinpoint important policy trends and produced a Brexit benchmarking report. From this survey, BAL found that businesses are concerned about how Brexit will impact their UK and EEA operations.
While there is still a great deal of uncertainty around the status of both existing EEA national employees and any new arrivals under the UK’s future immigration system, companies are beginning to create best practices for retaining EEA talent in the UK.
If you are in global mobility and need to consider the impact of Brexit on immigration, then I highly suggest downloading BAL's report Planning for the Future of British Immigration.
After a turbulent political period following the Brexit referendum, the U.K. government is due to officially notify the European Union of its intention to withdraw from the bloc on March 29. On that date, Prime Minister Theresa May will formally invoke Article 50 of the Lisbon Treaty, setting off a two-year negotiation period before Brexit can occur in 2019. Negotiations will be guided by 12 key principles, including controlling migration to the U.K. outside of the current Free Movement rules, but also protecting the rights of those already in Europe (and conversely the U.K.). To view the March 2017 Brexit Global Trends Benchmarking Report, please fill out the form below: