New visa fees hit Silicon Valley start-ups
Al Jazeera · 21 days ago
Al Jazeera
21 days ago
Tech start-ups and companies hoping to make it big in Silicon Valley are starting to feel the pinch of changes to U.S. visa rules. The Trump Administration is increasing fees for an H-1B visa to 100-thousand dollars for most applicants. It's a visa the tech industry has long-relied on for foreign workers.
Breakdown
- A proposed $100,000 fee for each H-1B visa could impact start-ups in Silicon Valley. 24s
- Start-up founders say the fee would limit their ability to hire foreign talent and compete with larger companies. 39s
- The H-1B visa program is capped at 85,000 workers annually, who are typically well-paid. 1m 12s
- Critics argue the policy could force start-ups to outsource work or deter immigrant entrepreneurs. 1m 28s
- Some warn the fee could have long-term effects on US innovation and the economy. 2m 31s