Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram

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President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee.



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Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram


President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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