UK considers visa fee cuts for highly skilled as Trump hikes US charges | Business

The best American scientists could be invented in the United Kingdom in the proposals to make accelerated visa requests and reduce the accusations of administration, which calls into question Donald Trump’s attempts to keep local talents.

It is understood that “Global Talent Taskforce” by Keir Starmer examines plans to reduce visa demand costs and facilitate foreign academics and digital experts to move to the United Kingdom.

It is also believed that treasury officials are involved in discussions on how to attract the talents of the United Kingdom with a set of measures to increase economic growth.

This decision follows the American president’s decision to set up costs for qualified foreign workers who require $ 100,000 H-1B visas (£ 74,096) and a White House message to technological companies and American universities that they should employ American nationals in higher positions.

While British visa costs are modest compared to the United States at less than £ 1,000, large companies have complained to the Treasury ministers that they are dissuasive, as well as complex documents and long delays in treatment, to the most qualified experts moving to the United Kingdom.

The global British talent visa, introduced in 2020, costs each individual £ 766, with partners and children who also paid the costs. In addition, costs of £ 1,035 are applied to each person to cover health costs.

The government plans to “reduce costs to zero”, according to an anonymous official who spoke to The Financial Times.

The visa is aimed at eminent people in science, engineering, human sciences, medicine, digital technology or arts and culture.

Rachel Reeves’ plans apply a tax on successions to the world richness of non -domiciled British residents could also be modified or re -staged within the framework of a wider set of incentives.

The recent Chancellor’s recent changes to the non-Dom tax system was criticized by certain rich people who blamed the new rules for their decision to leave Great Britain.

During the year ending in June 2023, there was a 76% increase in the number of world talent visas granted, pushing the total to 3,901.

The World Talent Working Group is chaired by Varun Chandra, Starmer sales advisor, and Patrick Vallance, the Minister of Sciences.

The Ministry of the Interior, which manages British visas, said that the candidates selected were “leaders or have the potential to be leaders, in their field, as determined by an approving organization”.

A spokesperson for the Home Office said: “Our global talent routes attract and retain highly qualified talents, in particular in science, research and technology, to maintain the status of the United Kingdom as a leading international center for emerging talent and innovation.”