Reverse brain drain: (foreign) governments hope to lure talent after US visa change [View all]

Source: Reuters

Reverse brain drain: governments hope to lure talent after US visa change

Heejin Kim, Eduardo Baptista and Cynthia Kim
Mon, September 22, 2025 at 1:48 PM AST 3 min read

SEOUL/BEIJING (Reuters) -Countries including South Korea are aiming to take advantage of tougher U.S. immigration policy to lure foreign scientists and engineers, boosting their domestic industries and reversing an exodus of talent.

On Friday, U.S. President Donald Trump introduced a $100,000 fee for new H-1B visas - widely used by tech firms to hire foreigners - as part of his crackdown on immigration. The move dealt a blow to a sector that relies heavily on skilled workers from India and China.

Since taking office in January, Trump has cracked down hard on immigration, legal and illegal, and the change to the H-1B visa program is his administration's highest-profile effort yet to rework temporary employment visas.

South Korean Presidential Chief of Staff Kang Hoon-sik said on Monday he had instructed ministries to find ways to exploit the U.S. changes to attract scientists and engineers from abroad.

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Read more: https://finance.yahoo.com/news/reverse-brain-drain-governments-hope-174827028.html