How the US economy will welcome immigrants after the COVID phase?
It was a very unusual experience for all the people to experience the global shutdown to contain the spread of the Coronavirus. For the very first time, countries across the world closed their borders to the entry of foreign citizens. Economic activities came to a standstill with a lot of uncertainty with respect to how much we would have to stay locked up in our premises. Some got stranded in places far from their homes while some could discover opportunities to develop something new irrespective of where they were. The United States of America which is a dream nation for many people was also forced to take some stringent steps.
Is the US Economy Ready To Welcome Immigrants?
Now that the vaccination drive against Covid-19 has started in many nations, still, the pandemic is far from over. People across the world have started moving out to contribute with their valuable inputs in the upscaling of the degraded economy. Likewise, the US economy is eyeing on a prosperous future, wherein, the role of immigrants cannot be denied. Following is a peek into the current status of immigrants in the USA-
The new President Joe Biden has very recently issued an executive order that bans the entry of all non-US citizens from the countries like the United Kingdom, Brazil, Schengen nations, and South Africa amidst the spread of the second wave of the coronavirus.
- The US government did not grant the privilege to the undocumented immigrants and their families residing in the country to enjoy the benefits of the new COVID-19 relief package which was launched in the month of March-2020. However, in December-2020, they were entitled to the coronavirus stimulus payments. This has come as a great respite for these people who are mostly exposed to more vulnerable situations involving higher risks and unhealthy living conditions with unwarranted employment opportunities.
- Trump’s anti-immigration rhetoric is likely to be blown up by President Joe Biden in an attempt to make America a lucrative and a non-prejudiced superpower. Thus, many of earlier harsh restrictions on the travel of Muslims from different countries in the USA are being called off.
- The new immigration policy of the USA will most likely take care of and grant protection to the well-being of the minors that have been brought to the country illegally and facing an identity crisis. Such undocumented immigrants will be welcomed with open arms to work and support their livings in the country, however, their citizenship to the USA won’t be guaranteed still.
- US Tax consultants in Toronto and the ex-pats tax consultants in Toronto are expecting a better economic turn around with such ideologies.
Biden is an open supporter of the open economy. Moreover, he holds the vision to catapult the US to a path of swift growth with the support of human capital irrespective of any biases. However, such changes are likely to take time to reflect as the current administration is still battling the menace of the Coronavirus.
