US President Donald Trump on Friday signed a proclamation raising the application fee for H-1B visas to $100,000, creating potentially major repercussions for the tech industry, where such permits are prolific.
The new measure, which could likely face legal challenges, was announced alongside the introduction of a $1 million “gold card” residency program that Trump had previewed months earlier.
“The main thing is, we’re going to have great people coming in, and they’re going to be paying,” Trump told reporters as he signed the orders in the Oval Office.
H-1B visas allow companies to sponsor foreign workers with specialized skills — such as scientists, engineers, and computer programmers — to work in the United States, initially for three years, but extendable to six years.
The United States awards 85,000 H-1B visas per year on a lottery system, with India accounting for around three-quarters of the recipients.