The big jump in H-1B cost is forcing skilled professionals and tech workers to explore other options, like O1 (the so-called “Einstein visa”). While H-1B visa fee hike was intended to push companies to “hire American”, more American firms are moving jobs “offshore”, according to one report.
Gulf News | Wikipedia
US President Donald Trump’s new $100,000 H-1B visa fee for skilled foreign workers is prompting Big Tech, among the largest employers of staff from outside the US, to seriously consider moving more jobs overseas.
It’s an ironic outcome that the H-1B visa price hike was supposed to discourage.
Trump reckons that by making foreign employees too expensive to hire en masse, US companies will be encouraged to recruit from home.
However, this is not how corporations view it.
In 2024, 141,000 new applications for H-1B visas were approved in the US, which at today’s new price, would have cost firms about $14.1 trillion.
Big tech exodus fears
The launch of the staggering $100,000 fee for each new H-1B visa application has sent shockwaves through the tech industry.
The economic implications are massive.
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