Question to the Department for Business, Innovation, Science and Trade:

To ask the Secretary of State for Business, Innovation, Science and Trade, what assessment his Department has made of the role of state-backed investment visas in supporting the objectives of the Modern Industrial Strategy.

The Modern Industrial Strategy, published June 2025, focuses on driving sustainable, long-term economic growth by boosting business investment and increasing national productivity. Its Global Talent ambition is to attract and retain exceptional international talent to drive investment, innovation, productivity, research excellence and regional growth. My Department routinely reviews the approaches of other countries, including the use of state-backed investment visas, to attract such global talent.