US Tech Sector Faces Challenges Amid H-1B Visa Fee Increase
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.