US Tech Sector Faces Challenges Amid H-1B Visa Fee Increase
TL;DR Summary
The US government's plan to impose a $100,000 fee on H-1B visa applications is causing concern among small firms, startups, and sectors like healthcare and education, as it could hinder their ability to hire skilled foreign workers, potentially impacting innovation and economic growth. While large tech companies may absorb the cost, smaller firms and nonprofits face significant challenges, leading to fears of offshoring and workforce shortages.
- H-1B visa: US tech sector scrambles in the face of $100,000 fees BBC
- Georgia-based companies and workers scramble after visa change WABE
- The Race Back to America for a Plane Full of H-1B Workers The Wall Street Journal
- JPMorgan economists predict the H-1B visa's new $100,000 fee could cut 5,500 work authorizations per month Business Insider
- Trump’s proposed H-1B visa fee brings anxiety to Massachusetts companies and workers The Boston Globe
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