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CEOs Like Dimon, Huang Warn About the $100K H-1B Visa Fee—Here's Why It Matters
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Investopedia | Expert Financial Advice and Markets News
Tech and business CEOs like Jamie Dimon and Jensen Huang have offered their thoughts on whether the changes are a good idea.
Technology executives have been vocal this week in response to President Donald Trump's changes to the H-1B visa program.
Previously, employers paid a $215 fee for entering an applicant into the visa lottery that decides which H-1B workers get the visas.
The Pew Research Center found that about 65% of approved H-1B workers in 2023 were employed in a computer-related job.
In 2023, Pew found that some 73% of approved H-1B workers came from India, along with 12% from China, leaving just 16% coming from the rest of the globe.
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