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The Business Economics

Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram

September 22, 20251 Mins read94 Views
Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram thumbnail

Trump hits H-1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram

President Trump signed a proclamation Friday requiring employers to pay a hefty $100,000 fee for new H-1B visa applications—an enormous jump from the current $215 lottery registration fee—targeting the very program that helped create some of Silicon Valley’s biggest success stories.

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