China’s new K Visa, aimed at attracting young science and technology professionals, is emerging as an appealing alternative. This comes as the US tightens rules around the H-1B visa with a hefty $100,000 application fee.

Launched in August and effective from 1st October, the K Visa offers more flexibility than the H-1B. Applicants do not need an invitation from a Chinese employer. Therefore, it makes it easier for global STEM talent to explore opportunities in China.

The timing is striking. The Trump administration’s steep H-1B fee hike is expected to hit Indian applicants the hardest. Indian applicants made up over 71% of H-1B approvals in FY24. India has voiced concern about the “humanitarian consequences.” External Affairs Minister S Jaishankar is set to raise the issue with US Secretary of State Marco Rubio during his 22nd September meeting at the UN General Assembly.

For Beijing, the K Visa is part of a broader strategy to boost domestic spending while facing sluggish economic growth. On 16th September, the Chinese government unveiled a 19-point plan to increase consumption. It focuses on drawing international students and tourists, highlighting Chinese culture, and making life in China easier for international residents.

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