President Donald Trump has announced a new immigration policy that imposes a one-time $100,000 fee on all new H-1B visa applicants.
The fee will take effect immediately for the next visa lottery cycle.The aim, according to the administration, is to encourage American companies to hire and train domestic workers instead of relying heavily on temporary foreign labor.
Existing H-1B visa holders or those renewing their visas are not affected by this new fee.The tech industry, which depends on H-1B workers, may face challenges due to the added cost. Internationally, countries like India, a major source of H-1B applicants, have raised concerns about the economic and humanitarian impact of the policy.
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