President Donald Trump announced on Sept. 19 a new fee structure for obtaining an H-1B visa.
Companies will now have to pay a one-time cost of $100,000 for importing foreign workers under this program.
Here’s what we know.
What Is H-1B Visa?
The coveted H-1B visa program allows U.S. companies to import foreign workers to fill jobs that require “specialized knowledge and a bachelor’s degree or higher in a directly related specific specialty (or its equivalent).”
Employers file a request, naming the employee and position to be filled, and pay a series of fees to bring the new worker on board. The visa lasts for three years, and can be renewed for another three years….
What to Know About Changes to Foreign Workers’ H-1B Visa Program
