Trump Administration To Impose A $100,000-per-year Fee For H-1b Visas

President Donald Trump has signed a caller executive order, which adds a $100,000 interest to H-1B visa applications. It's not a one-time fee either: Companies will person to salary $100,000 a twelvemonth for immoderate worker it brings complete to nan US connected nan visa for up to six years. The Secretary of Homeland Security will restrict support for visa applications unless accompanied by nan fee, though nan norm "allows case-by-case exemptions if [it's] successful nan nationalist interest." This caller request will only use to caller visa applicants, a White House charismatic told The New York Times, and it will apt look ineligible challenges. If it does get implemented, though, it could woody a immense rustle to nan tech industry.

While respective sectors successful nan US usage nan programme to bring skilled workers into nan country, immoderate of its biggest beneficiaries are successful nan tech sector. According to nan US Citizen and Immigration Services, Amazon has nan astir number (over 10,000) of workers connected nan H-1B visa. Microsoft, Meta, Apple and Google are besides successful nan apical 10 database of employers that brought complete H-1B workers, pinch betwixt 4,000 and 5,500 labor connected nan visa. Walmart, Intel, IBM and NVIDIA person a sizeable number of H-1B workers, arsenic well.

In nan White House's announcement, nan management said that immoderate employers person abused nan H-1B visa to "artificially suppress wages," creating a disadvantageous marketplace for Americans. "Information exertion (IT) firms successful peculiar person prominently manipulated nan H-1B system, importantly harming American workers successful computer-related fields," nan announcement read.

Trump has besides signed an bid for a caller visa programme called nan "Gold Card," which nan management says will prioritize "the admittance of aliens who will affirmatively use nan Nation, including successful entrepreneurs, investors, and businessmen and women." It's an expedited migrant visa program, disposable to anybody who tin spend nan "requisite gift" nan authorities asks for. Specifically, nan gift made to nan US Department of Commerce must beryllium "$1 cardinal for an individual donating connected his aliases her ain behalf and $2 cardinal for a corp aliases akin entity donating connected behalf of an individual."