"President Donald Trump introduced a $100,000 application fee for the H-1B visa on Friday. Some key US industries, like tech, rely on the program to recruit talent and build their workforce. Some prominent tech and business leaders have benefited from the H-1B, including Elon Musk. For foreign-born engineers and product managers hoping to work in America's biggest companies, the H-1B visa is a golden ticket to a career in the US."
"In recent years, however, the visa program has been bogged down by a lottery system, loopholes such as multiple and fake entries, and long wait times. On Friday, the White House announced a $100,000 fee for new H-1B visa applications, sparking a wave of confusion and panic as companies and workers scrambled to make sense of the order. The H-1B visa was also once used by some of the biggest names in tech, including the current CEOs of Tesla and Microsoft."
President Donald Trump introduced a $100,000 application fee for new H-1B visas, effective as announced on Friday. The H-1B program supplies talent to key U.S. industries, especially technology firms, and has enabled prominent leaders such as Elon Musk to work in the United States. The program has been hampered by a lottery system, multiple and fake entries, and long wait times. The fee announcement prompted widespread confusion and panic as companies and prospective visa holders scrambled to respond to the order. Several current tech executives previously held H-1B visas and have called for greater efficiency in the program. Representatives for those executives did not respond to requests for comment.
Read at Business Insider
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