WhatsApp. eBay. Tesla. Google. These are just a few multi-billion dollar companies. Each of them is very different and operates in different industries, from automotive to social media. However, the one thing they all have in common is that all of these successful businesses, along with thousands of others, were founded by immigrants and rely on their backbone. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayThe Immigration Report, released in 2016 in the United States of America, concluded that from 1990 to 2010, immigrants have collectively brought in net benefits close to $50 billion per year. In 2016, nearly $3 trillion was added to the U.S. economy by the 26 million foreigners in the country. However, despite the scale of the benefits, immigration remains a subject with very contrasting perspectives; both within a country and internationally. The United States of America is undoubtedly the best example of the crucial importance of immigrants to a country's economy, considering that it has the largest immigrant population (approximately 13.5 % of total population in 2015). ). They have the highest nominal GDP ($19,417.144 billion) in the world, with companies like WhatsApp and eBay being big contributors. This is a similar case in countries like the UK, Canada and Italy, which have relatively large foreign populations and all have GDPs in the top 10. Why is this happening ? What do immigrants bring and/or do they do this? First and foremost, immigrants tend to enter a country at a relatively young age and do not make much use of public pensions or health care. In Italy, almost 80% of immigrants are of working age and those receiving a pension represent less than 0.65%. It is a similar case in the United Kingdom. European migrants are said to pay more in taxes than they receive in welfare benefits, estimated at a surplus of around $2 billion a year. Immigration increases the youthfulness of the population, avoids a reduction in the number of workers and an imbalance which leans towards an aging population. population. In January 2017, the Congressional Budget Office projected that over the next decade there would be economic growth of 2% per year in the United States, and that without immigrants entering the workforce, this figure would decrease to 0.5%. Between the 1950s and 1960s, population growth was more than twice that of the previous decade and the economy grew considerably. In Europe, immigrants have accounted for almost 70% of the increase in the workforce over the past decade and contribute significantly to labor market flexibility. Japan stands in direct contrast with its extremely low immigration rate and immigrant population. They suffer from a growing aging population – the highest percentage of people over 65 in the world. A growing aging population means increased spending on health care, pensions, benefits, etc., and fewer people working to increase the nation's GDP. The Japanese government has even tried monetary and fiscal policies to stimulate economic growth, but without success so far. When we talk about increasing the workforce, one of the most obvious and common questions is what that would mean for the existing population. Does this increased competition mean fewer jobs for locals?.