Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India
Donald Trump’s decision to impose a $100,000 (£74,096) fee on H1-B visas for skilled foreign workers could hurt US economic growth, economists have warned.
Trump signed a proclamation on Friday introducing the application fee for the H-1B visa, 60 times the current cost, in a move designed to encourage companies to hire more American workers.
Continue reading…Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly IndiaBusiness live – latest updatesDonald Trump’s decision to impose a $100,000 (£74,096) fee on H1-B visas for skilled foreign workers could hurt US economic growth, economists have warned.Trump signed a proclamation on Friday introducing the application fee for the H-1B visa, 60 times the current cost, in a move designed to encourage companies to hire more American workers. Continue reading…