United States President Donald Trump on Friday dramatically ramped up the application fee for companies hiring employees on H-1B worker visas, the principal mechanism for firms to bring in workers with specialised skills from around the world in fields ranging from technology to teaching. The increase, to $100,000 per application, is meant to deter companies from using the programme to bring in foreign workers at current levels, amid a growing and heated debate within the US on immigration.
One of the orders creates a new visa category for people willing to pay $1 million to enter the U.S., or whose employers are willing to pay the U.S $2 million to sponsor them. While signing the order in the Oval Office on Friday, Trump dubbed the new visa the "Trump Gold Card." "This program will raise more than $100 billion, which we'll use for cutting taxes and paying down debt," Trump said.