Scotland Is In Need Of Around One Million Immigrants In The Next Fifty Years

23 Apr 2014

An independent Scotland will require approximately one million colonizers/immigrants in the next few decades, in order to increase the labor force and pay for its impending/expected deficit.

Scotland will likely face a £9 billion plus retirement fund bill in the primary year of independence. This is roughly three times more than the anticipated income which can be obtained from North Sea oil.

An independent Scotland will need to feature/have a £100bn public-division retirement fund bill with an extra £1bn of management expenditure in order to set up a fresh scheme.

Scotland will require an immigration of above 24,000 individuals per annum. This would imply approximately, a net relocation of 936,000 immigrants by 2051.

Inward relocation of approximately one million inhabitants in a nation with the existing people of 5 million people is merely not reliable or enough.

Without a reliable scheme for changing the dependency proportion, Scottish citizens will not be able to pay their country’s bills either by increasing the taxes or through a cut in the retirement fund.

The most recent calculations of North Sea oil and gas income for 2016 and 2017 is estimated to be £3.2bn, as per the information gathered from the Office for Budget Responsibility.

It is also being emphasized that the number of Scottish pensioners will increase to 1.3 million from 1 million, whereas the figure of aged working citizens will receive a further boost, steadily, when compared to the UK.

Currently, the UK pays £1725 for each citizen as their pensioner benefits. Scotland gives £1805 for each of its citizens. This shows up as a difference of £80 per individual citizen, but which may increase to up to £120 per individual citizen in the coming twenty years.