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CNBC

Business executives react to Trump's H-1B visa fee of $100,000

CNBC · Just In
CNBC
CNBC
Just In

President Donald Trump raised the fee for an H-1B visa to $100,000 on Friday, leaving companies scrambling to respond. H-1B visas allows highly skilled foreign professionals to work in specialty occupations that generally require at least a bachelor’s degree to fulfill the role.

Breakdown
  • President Trump announced a $100,000 fee on H-1B visas used for skilled foreign workers. 4s
  • Tech companies and banks are warning employees about international travel due to the new fee. 14s
  • Executives say the fee could slow access to global talent but agree to comply. 1m 5s
  • Some believe the fee may reduce the H-1B program and shift hiring toward U.S. workers. 1m 50s
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