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U.S. Increases Costs for Hiring Foreign Workers

The U.S. goverment announced that the fee​ for issuing work visas to ​foreign laborers will increase to $100,000 per year.

The United States plans to require companies to⁤ pay $100,000 ​annually for each H-1B work‌ visa‌ starting next⁢ year, according ⁢to⁤ the English ⁤section of webangah News Agency,citing Mehr News Agency ‍and Euronews. This decision could ⁢deal⁢ a important blow to the technology sector, which heavily depends on skilled⁢ workers from India and⁤ China.

Since‍ taking office in January, Donald Trump has launched an extensive campaign aimed at restricting immigration, including efforts targeting⁣ certain forms ⁢of ⁣legal migration. The revision of the H-1B visa program is his management’s most prominent ‌step toward‍ reforming temporary work visas.

The move has sparked protests⁢ among tech⁢ companies that had contributed ‌millions of dollars to Trump’s presidential campaign.

Microsoft and jpmorgan ⁤have warned employees holding H-1B visas⁣ against international travel or ‍advised them to return to​ the U.S. promptly before the new fee structure takes effect at midnight local time tonight.

Some analysts warn ⁣this policy could push companies to relocate valuable operations‍ overseas and weaken Washington’s position ⁢in critical competition⁣ with ‌China in artificial intelligence⁢ growth.

Currently, obtaining an H-1B visa involves only modest fees totaling a few thousand dollars if⁣ approved.

in his executive order⁢ released yesterday,‌ Trump stated that between 2000 and 2019, the number of ‍foreign workers ​in science,‌ technology, ⁤engineering, and mathematics (STEM) ⁣fields in the U.S. more than doubled-reaching approximately 2.5 million-while total‍ employment growth in thes sectors was just 44.5% during that⁣ period.

‌ News Sources: © webangah News Agency
English channel of the webangah news agency on Telegram
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