US EditionHow Your Business Could Sidestep Trump’s $100,000 H-1B Visa Fee
JPMorgan CEO Jamie Dimon warns the $100,000 fee on new H-1B visas could reduce approvals by 5,500 annually and drive skilled workers away, risking U.S. competitiveness.
- Last week, President Donald Trump signed a proclamation imposing a $100,000 fee on new H-1B visa applicants, effective immediately and applying to the upcoming lottery cycle.
- The Trump administration says the redesign aims to make it harder for foreigners to obtain legal work permits to protect American workers and prioritise higher-paid, higher-skilled foreign workers.
- JPMorgan, a leading sponsor, said `That caught everyone off guard` and warned the $100K fee could harm U.S. global competitiveness, with 2,440 H-1B visa holders.
- JPMorgan economists predict the policy could shelve 5,500 applications, while critics warn it may push tech and financial firms to relocate roles overseas and travelling H-1B employees faced airport chaos before Saturday.
- Legal experts note legal challenges appear likely, with a Federal Register notice indicating possible implementation with the 2026 lottery; Tennessee and its universities report heavy H-1B burdens.
14 Articles
14 Articles
President Donald Trump's administration continues to fight immigration, both illegal and legitimate. Last week, the White House introduced a huge $100,000 H-1B visa fee. This is the main mode of moving to the United States for highly skilled foreigners, most often technical skills (H-1B's visas were head of Tesla and SpaceX Ilon Mask, born in South Africa, and CEO of Microsoft Satya Nadella, a native of India). The H-1B programme has long been c…
Trump's H-1B visa fee burden Tennessee institutions - Nashville Banner
A HIGH PRICE: Tennessee is among the states that will most feel the financial burden created by President Donald Trump’s proclamation that a $100,000 charge will accompany all H-1B visa applications, which took effect Sunday. H-1B visas are available to highly educated foreign individuals for temporary work in specialized fields, such as medicine, software development, civil engineering, etc. The Xylom, a nonprofit news outlet, broke down the nu…
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