ADVERTISEMENT

ADVERTISEMENT

Trump Signs Order Imposing $100,000 Fee on H-1B Visas, Adds “Gold Card”

“Either the person is very valuable … or they’re going to depart,” Trump said. With Indians making up the bulk of H-1B holders, the changes could redefine the India-U.S. tech corridor.

President Donald Trump delivers remarks from the Resolute Desk in the Oval Office with Commerce Secretary Howard Lutnick standing by. / Screen Grab / White House YouTube Live.”

US President Donald Trump signed an executive order Friday restricting entry of H-1B workers unless their employers pay a $100,000 annual fee — a move that could dramatically alter the pipeline of Indian professionals to the United States.

He also introduced a “Gold Card” visa requiring million-dollar contributions, vowing both measures will protect U.S. jobs while raising billions for tax cuts.

Trump, flanked by Commerce Secretary Howard Lutnick, declared a new era for U.S. immigration policy, signing a proclamation that raises the cost of employing H-1B visa holders and introduces a new fast-track residency option for the global elite.

“The H-1B nonimmigrant visa program was created to bring temporary workers into the United States to perform additive, high-skilled functions, but it has been deliberately exploited to replace, rather than supplement, American workers with lower-paid, lower-skilled labor,” the proclamation stated.

 

 

This post is for paying subscribers only

SUBSCRIBE NOW

Comments

Related

To continue...

Already have an account? Log in

Create your free account or log in