International Journal of Advanced Research and Development

Authors
Dr. Preet Kanwal

Abstract
The European Union (EU) originated with aim to secure lasting peace through integration and cooperation in order to put an end to international hatred and enmity post the Second World War. Economic interdependence was considered as a means to avoid conflict among trading countries. The single ‘internal’ market allow EU citizens the right to study, live, shop, work and retire in any EU country. Currently EU is facing a range of political and economic pressures such as slow growth, unemployment in many EU countries and increasing eurosceptic sentiments due to supranational bureaucracy, euro area debt crisis and migrant crisis. The United Kingdom (UK) has initiated withdrawal from EU, the process being named as ‘Brexit’. This paper adopts an exploratory approach to study the genesis, structure and current perils of EU, Brexit and its possible consequences on immigration and UK citizens. Finally, the impact of Brexit on Indian IT sector and immigration is discussed.