Trump raises fee for high-tech visa to $100,000

US President Donald Trump is raising dramatically to $100,000 the interest for the visa utilized extensively by high-tech workers, particularly from India, a US authoritative said.

The caller interest connected H-1B visas marks portion of a larger crackdown by Trump, who has unleashed a monolithic propulsion against migration since returning to the White House but had truthful acold not targeted the visa connected which Silicon Valley has agelong relied.

A US authoritative confirmed that the visa outgo would beryllium hiked to $100,000, compared with conscionable nether $1,000 now. The determination was archetypal reported by Bloomberg News.

The Trump medication volition besides instrumentality steps aimed astatine preventing tech workers visiting connected the visa from undercutting wages of native-born workers.

The United States awards 85,000 H-1B visas per twelvemonth connected a lottery system. India accounts for astir three-quarters of the recipients. Large exertion firms trust connected Indian workers who either relocate to the United States oregon travel and spell betwixt the 2 countries.

Tech entrepreneurs — including Trump’s erstwhile state Elon Musk — person warned against targeting H-1B visas, saying that the United States does not person capable homegrown endowment to capable important tech assemblage occupation vacancies.

Vanguard News

The station Trump raises interest for high-tech visa to $100,000 appeared archetypal connected Vanguard News.