The German government introduced a new skilled immigration law on 1 March 2020. This will result in a significant loosening of regulations. It will provide job opportunities for skilled non-EU nationals. And, it will fast-track the application process for skilled workers.
Immigration is essential for the future health of the German economy and the new policy must deliver for the economy in the context of a:
• Lower birth rate
• Ageing workforce
• Lack of skilled specialists
The expert summit shows that several barriers need to be removed such as; slow application procedure, reduced apprenticeship numbers, and language barriers.
Today, Germany has the fourth-largest economy in the world. But by 2060, without immigration, the German population will shrink by a third according to research published by the Bertelsmann Foundation.
Germany needs at least 260,000 new migrant workers per year until 2060 in order to meet labor shortages caused by demographic decline. The German economy lacks a skilled workforce, with around 1.2 million jobs currently unfilled. The new immigration law is all about opening up access to the German labor market.
The new law will keep Germany as a leading economy. According to estimates by the Federal Government, it will bring 25,000 skilled workers to Germany each year. It applies to graduates and adults with recognized professional qualifications.
Individuals without an employment contract, but with proof of qualified professional training, will be given six months to find a job.
The study also says that the average annual need for migrants is:
• By 2035 – 98,000 immigrants from non-EU countries
• Between 2036 and 2050, almost 170,000 people
• Between 2051 and 2060, almost 200,000 people
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