Donald Trump will introduce a brand new $100,000 software charge for overseas employee visas.
A White Home official mentioned the US President is getting ready to signal a proclamation at the moment that can require a $100,000 software charge for H-1B visa, which covers highly-skilled overseas employees.
The cost is a part of a broader immigration crackdown.
H-1B visas are supposed to deliver the perfect and brightest foreigners for high-skilled jobs that tech corporations discover troublesome to fill with certified People and different everlasting residents.
The programme has drawn criticism for changing into a pipeline for abroad employees who are sometimes keen to work for wages decrease than these usually paid to US know-how employees. Critics additionally argue that corporations use H-1B visas to miss People for jobs.
First girl Melania Trump, the previous Melania Knauss, was granted an H1-B work visa in October 1996 to work as a mannequin. She was born in Slovenia.
What’s a H-1B visa?
The H-1B programme has been essential for know-how and staffing corporations who depend on overseas employees.
Traditionally, these visas – 85,000 per yr – have been doled out by way of a lottery system.
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Donald Trump will introduce the cost as a part of an immigration crackdown
India, the most important beneficiary of H-1B visas final yr, accounted for 71% of authorized beneficiaries.
China was second with 11.7%, based on authorities knowledge.
Shares of IT providers firm, Cognizant Know-how Options Corp, fell by over 5% on Friday.
