Skip to content
Tuesday 21 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,543.97
+0.18%
DAX
24,883.05
+0.15%
CAC 40
8,341.37
+0.02%
STOXX 50
6,254.78
+0.44%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 02 October 2015 9:25 am

Make 10-year Chinese visas cheaper default option and bring £337m to UK economy, claims UKCVA

By: Catherine Neilan

Add as a preferred source on Google

Leading retailers have renewed their pleas for the government to overhaul its system regarding Chinese visas, claiming a simplified regime would boost the UK's economy by £337m. 
 
The UK China Visa Alliance (UKCVA) – which is made up of businesses such as retail park group McArthurGlen, retail body New West End Company, Walpole, London First and Worldpay – is calling on the UK government to make 10 year visas the default offering to Chinese visitors and drop their cost from £737 to just £135.
 
This would bring nearly 265,000 additional “high-spending tourists” to the UK each year, which would boost the country's tourism, leisure and retail sectors in turn.  
 
In August this year Chinese visitors were second only to visitors from Qatar in their spend per head, notching up £838 per visit to Oxford Street. 
 
Currently the UK issues nearly 400,000 visitor visas in China each year, which cost £85 to buy but £135 to process – a sum that is swallowed by the taxpayer – and grant svisitors access for just six months. 
 
The UKCVA claims that Chinese tourists would be willing to stomach the £135 cost, which would save the Home Office £19.5m each year in administration fees.  Currently 10-year visas are a whopping £737 per person. 
 
The estimates are based on a similar move made by the US, which saw the numbers of visas issued in China grow by 68 per cent in the first two months after introduction.
 
“At £737, 10 year visas are deemed a considerable investment for Chinese visitors, particularly in addition to the cost of a Schengen visa,” the UKCVA said. 
 
John Dickie, director of policy and strategy at London First, added: “The changes we have suggested would be a win-win for the government and for businesses.
 
“Not only would they give us a bigger share of the world’s largest tourist market, they would encourage these lucrative visitors to come back again and again.
 
“It would be another step in the right direction for a government that is building a good record in this area, as demonstrated by its efforts to streamline the UK and Schengen visas process.”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Markets

Trending Articles

  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

  • Romesh Ranganathan makes it hard to defend the BBC

  • Exclusive: Rugby World Champions Cup set to be mothballed

  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

  • London-listed healthcare services firm hit by cyberattack

More from City PM

  • World Cup: Third of fan visas from non-European countries are being rejected

    Sport Business
    GettyImages 2275551615 showcases a business setting with professionals in discussion, highlighting corporate collaboration...
  • Boots eyes £7.5bn sale in blow to hopes of London IPO

    Retail
    Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)
  • Formula 1 worth £12bn to UK economy as Silverstone rakes in £100m

    Sport Business
    Business professionals engaged in a strategic discussion at a corporate meeting, highlighting teamwork and collaboration.
  • Australian pharma giant Sigma quits Boots takeover talks

    Retail
    Anthony Hemmerdinger will take over the role from Seb James later this year.
  • Boots moves closer to London float but billionaire Westons circle

    Retail
    A pair of stylish and durable boots showcased on a wooden floor, highlighting their craftsmanship and premium leather qual...
  • Investor visa proposed by Labour-aligned think tank

    Politics
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • Steve Rigby: Burnham has a chance bring confidence back to British business

    Opinion
    Andy Burnham smiling at a public event, wearing a suit and tie, representing positive leadership and community engagement.
  • Reeves aims to lure US workers through tax reform

    Economics
    Keanu Reeves seen casually dressed during a public appearance in a local pub, engaging with fans and enjoying a relaxed at...
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook