China Launches K Talent Visa Amid US H1B Visa Fee Hike
After the United States tightened regulations on the H1B visa and imposed a fee of up to $100,000, concerns among IT professionals and students in India have increased. Meanwhile, China has seized this opportunity and launched the new 'K VISA', aimed at youth interested in science and technology fields. This visa is for individuals who have obtained STEM degrees from prestigious institutions in China or other countries.
The US administration's introduction of a $100,000 fee on the H1B visa raised concerns in India, as about 70% of IT sector employees in the US are Indian nationals working under the H1B visa. Although this impacts professionals worldwide wanting to work in the US, China has opened a new pathway.
China has introduced a new visa category called the K VISA for young individuals interested in science and technology. This visa will be available to youth passionate about working in science and technology fields.
The K VISA is seen as the Chinese counterpart to the US H1B visa. Following the new US rules on H1B visas, China took advantage and launched this new visa category. It provides a good opportunity for people from South Asia and other regions seeking job opportunities abroad due to US visa changes.