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    Home > Headlines > UK considers plan to scrap visa fees for top global talent, FT reports
    Headlines

    UK considers plan to scrap visa fees for top global talent, FT reports

    Published by Global Banking & Finance Review®

    Posted on September 22, 2025

    2 min read

    Last updated: January 21, 2026

    UK considers plan to scrap visa fees for top global talent, FT reports - Headlines news and analysis from Global Banking & Finance Review
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    Tags:BrexitUK economyImmigrationfinancial communityfinancial services

    Quick Summary

    UK considers abolishing visa fees for top global talent to attract scientists and experts, influenced by US immigration policies.

    Table of Contents

    • UK's Visa Fee Reform for Global Talent
    • Proposals from the Global Talent Task Force
    • Impact of U.S. Immigration Policies
    • Current Visa Costs and Implications

    UK considers plan to scrap visa fees for top global talent, FT reports

    UK's Visa Fee Reform for Global Talent

    (Reuters) -British Prime Minister Keir Starmer is exploring proposals to abolish some visa fees for top global talent at a time when the U.S. has taken a tougher stance on immigration, the Financial Times reported on Monday.

    Proposals from the Global Talent Task Force

    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.

    Impact of U.S. Immigration Policies

    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.

    Current Visa Costs and Implications

    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 $100,000 fee for new H-1B visas, which are widely used by U.S. tech companies, from Sunday.

    The U.S. 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 pounds ($1,030), with partners and children paying the same fee.

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

    ($1 = 0.7432 pounds)

    (Reporting by Shivani Tanna in Bengaluru; Editing by Jamie Freed and Lincoln Feast.)

    Key Takeaways

    • •UK may scrap visa fees for top global talent.
    • •Proposals aim to attract scientists and experts.
    • •US immigration policies influence UK decisions.
    • •Visa fee abolition targets top universities and prize winners.
    • •UK's economic growth linked to new visa policies.

    Frequently Asked Questions about UK considers plan to scrap visa fees for top global talent, FT reports

    1What is a visa fee?

    A visa fee is a charge that individuals must pay to obtain a visa, which allows them to enter, stay, or work in a foreign country. The amount can vary based on the type of visa and the country.

    2What is a global talent visa?

    A global talent visa is a type of visa designed to attract highly skilled individuals from around the world to work in a specific country, often aimed at enhancing the local economy and innovation.

    3What is economic growth?

    Economic growth refers to an increase in the production of goods and services in an economy over a period of time, typically measured by the rise in Gross Domestic Product (GDP).

    4What are visa reforms?

    Visa reforms are changes made to the existing visa policies and regulations, often aimed at simplifying the application process, reducing fees, or attracting specific talent to a country.

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