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What happened
The UK government is exploring measures to attract skilled foreign workers in light of Donald Trump's recent hike in H-1B visa fees to $100,000. Keir Starmer's global talent taskforce is examining plans to reduce visa application fees and streamline the relocation process for foreign academics and digital experts. Currently, the UK's global talent visa costs £766 per individual, with additional health fees. Officials suggest that cutting these costs to zero could significantly enhance the UK's competitiveness in attracting top talent. The initiative comes as the UK has seen a 76% increase in global talent visas granted in the past year, indicating a growing interest in relocating to the UK. The Home Office emphasizes the importance of attracting high-skilled talent to maintain the UK’s status as a hub for innovation.
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Key insights
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1
Visa Fee Reduction
Plans to cut visa fees aim to attract skilled workers.
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2
Response to US Policy
UK's strategy counters Trump's increased H-1B visa charges.
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3
Global Talent Visa Growth
76% rise in global talent visas granted in the past year.
Takeaways
The UK's proposed visa reforms could significantly enhance its ability to attract global talent.