Trump administration to impose a $100,000-per-year fee for H-1B visas

president Donald Trump has signed a new executive, adding $ 100,000 fees to H-1B visa applications. It is not one time fee as well: New York Times It stated that companies will have to pay $ 100,000 annually to any employee who brings it to the United States in the visa for up to six years. The Minister of Internal Security will restrict the approval of visa requests for people who are “currently outside the United States” unless it is accompanied by fees, although the rule “allows the exemptions of each case separately then [it’s] In the national interest. The TimesAnd it is possible to face legal challenges. If implemented, it may deal with a major blow to the technology industry.

While many sectors in the United States use the program to bring skilled workers to the country, some of the largest beneficiaries of the technology sector. According to citizen and immigration services in the United States, Amazon has the largest number of workers (more than 10,000) workers on the H-1B visa. Microsoft, Meta, Apple and Google are also on the top ten list of employers who have brought more than H-1B workers, with between 4000 and 500 visa employees. Walmart, Intel, IBM and NVIDIA have a large number of H-1B workers as well. like Techcrunch I noticed that Elon Musk, who was close to the president, came to the United States in H-1B, as did the co-founder of Instagram Mike Krieger.

In the White House announcement, the administration made it clear that some employers have abused the H-1B visa to “artificially suppress wages”, creating a market that is not familiar with Americans. The advertisement said: “Information technology companies (IT) companies in particular have been prominently manipulated by the H-1B system, which greatly harms American workers in computer-related areas.”

Trump also signed a request for a new visa program called “Gold Card”, which the administration says will give priority “the acceptance of foreigners who will positively benefit the nation, including successful entrepreneurs, investors, businessmen and women.” It is an urgent immigrant visa program, available to anyone who can withstand a “required gift” required by the government. Specifically, the gift provided to the US Department of Commerce must be “one million dollars for the individual who donates on behalf of or $ 2 million to a similar company or entity that donates on behalf of the individual.”