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Trump proposes $100,000 H-1B visa fee increase
Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system
Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system
– Trump announced a $100,000 fee for H-1B visas and a $1 million residency gold card to boost American hiring.
– Critics argue increased fees may limit smaller firms’ access to foreign talent, impacting U.S. tech innovation.
Trump stated the initiative aims to bring in highly skilled individuals rather than those crossing the borders illegally. A gold card requiring a $1 million payment will expedite visa processing, with a reduced availability compared to existing green card categories.
The new programme could alter the competitive landscape for U.S. tech companies, which historically depend on H-1B visas to access foreign talent.
Critics warn that the increased fees may deter smaller firms from utilising these visas, potentially hindering U.S. progress in tech sectors like artificial intelligence.
Visa Impact
Debate persists within Trump’s administration regarding the new policy’s implications. Supporters argue it protects American jobs, while opponents contend it restricts access to global talent crucial for innovation.
The H-1B visa programme, established in 1990, remains vital for skilled foreign workers seeking residency in the U.S., yet faces growing scrutiny.
