hwzlite
Master Member
- Joined
- Jan 27, 2007
- Messages
- 3,020
- Reaction score
- 3,120
https://www.reuters.com/business/media-telecom/trump-mulls-adding-new-100000-fee-h-1b-visas-bloomberg-news-reports-2025-09-19/
Summary
The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B worker visas, prompting some big tech companies to warn visa holders to stay in the U.S. or quickly return.
- Visas are used principally by tech sector
- Microsoft, JPMorgan advised H-1B holders to remain in US
- Over 70% of beneficiaries of H-1B visas enter US from India
- Latest move in Trump's broader immigration crackdown
The change could deal a big blow to the technology sector that relies heavily on skilled workers from India and China.
...
INDIA ACCOUNTS FOR MOST H-1B VISAS
India was the largest beneficiary of H-1B visas last year, accounting for 71% of approved beneficiaries, while China was a distant second at 11.7%, according to government data.
In the first half of 2025, Amazon.com (AMZN.O), opens new tab and its cloud-computing unit, AWS, had received approval for more than 12,000 H-1B visas, while Microsoft (MSFT.O), opens new tab and Meta Platforms (META.O), opens new tab had over 5,000 H-1B visa approvals each.
Lutnick said on Friday that "all the big companies are on board" with $100,000 a year for H-1B visas.
"We've spoken to them," he said.
Many large U.S. tech, banking and consulting companies declined to comment or did not immediately respond to requests for comment. The Indian embassy in Washington and the Chinese Consulate General in New York also did not immediately respond to requests for comment.
Shares of Cognizant Technology Solutions (CTSH.O), opens new tab, an IT services company that relies extensively on H-1B visa holders, closed down nearly 5%. U.S.-listed shares of Indian tech firms Infosys and Wipro closed between 2% and 5% lower.
....