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    Home»Business»UK considers plan to scrap visa fees for top global talent: report
    Business

    UK considers plan to scrap visa fees for top global talent: report

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    The idea of cutting visa costs to zero is for people who have attended the world’s top five universities or have won prestigious prizes

    [BENGALURU] British Prime Minister Keir Starmer is exploring proposals to abolish some visa fees for top global talent at a time when the US has taken a tougher stance on immigration, the Financial Times (FT) reported on Monday (Sep 22).

    Starmer’s “global talent task force” is working on ideas to attract the world’s best scientists, academics and digital experts to the UK in a bid to drive economic growth, the report said, citing people briefed on the discussions inside Number 10 and the Treasury.

    The idea of cutting visa costs to zero is for people who have attended the world’s top five universities or have won prestigious prizes, an official told the newspaper.

    According to the report, the reforms were being discussed in Number 10 and the Treasury before the Trump administration announced its decision to impose a US$100,000 fee for new H-1B visas, which are widely used by US tech companies, from Sunday.

    The US decision, however, has put “wind in the sails” to those pushing for changes to Britain’s high-end visa system, aiming to spur growth ahead of the November 26 Budget, a person involved in the UK discussions told FT.

    Britain’s global talent visa application costs £766 (S$1,326), with partners and children paying the same fee.

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    While the labour market is cooling, policymakers fear elevated price pressures are fuelling inflation expectations among consumers.
    UK Prime Minister Keir Starmer (left) and US President Donald Trump in the Oval Office in February. Significant investment announcements are expected during Trump's second state visit to the UK, where he will meet again with Starmer.

    The Treasury department and Downing Street did not immediately respond to Reuters’ request for comment. REUTERS

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