President Trump Imposes $100,000 Annual Fee on H-1B Visas
President Donald Trump has signed an executive order introducing a $100,000 annual fee for H-1B visa applications, aiming to curb the program's overuse and encourage the hiring of American workers.
President Donald Trump has signed an executive order introducing a $100,000 annual fee for H-1B visa applications, aiming to curb the program's overuse and encourage the hiring of American workers. The administration asserts that this measure will ensure companies retain only foreign workers who are critically important and incentivize the employment of recent U.S. graduates. Commerce Secretary Howard Lutnick stated, "No more will these tech companies train foreign workers. If you're going to train someone, you're going to train one of our recent graduates."
The H-1B program, established in 1990, allows U.S. companies to hire highly skilled foreign workers for positions that cannot be filled domestically. Critics argue that the program has been exploited to replace American workers with lower-paid foreign labor. The new fee is intended to address these concerns by making it less economically viable to hire foreign workers over Americans.
Legal experts anticipate challenges to the executive order, questioning the administration's authority to impose such a substantial fee without congressional approval. The order is expected to significantly impact the tech industry, which relies heavily on H-1B visas to fill specialized roles.
In addition to the H-1B fee, President Trump announced a "gold card" visa, offering a pathway to U.S. citizenship for wealthy individuals willing to invest $1 million. This move is part of a broader effort to reshape the U.S. immigration system by prioritizing economic contributions.
Source
Business InsiderFact-checking
Fact-check the facts of the article using external sources and databases.