Business
Trump Adds $100,000 Fee for H-1B Visa Applications
Bloomberg’s Hadriana Lowenkron breaks down President Trump’s overhaul of the H-1B visa process, with the administration now requiring a $100,000 fee for applications.
President Trump signed an executive order that restricts entry under the H-1B program unless accompanied by the payment, and asserts that abuse of the H-1B pathway has displaced US workers.
The move will require a “$100,000 payment to accompany or supplement H-1B petitions for new applications,” according to a White House fact sheet. That payment would be in addition to current fees, which are more modest. Fees directly tied to the H-1B visa application currently include a $215 fee to register for the lottery alongside various filing fees.
——–
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy
Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake
source