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Donald Trump’s shock H-1B visa price hike of $100,000 (roughly ₹90 lakh) on Saturday has triggered a wave of panic.
White House clarified that the brand new visa price applies solely to new candidates.(Bloomberg)
On Saturday, Trump signed a proclamation imposing a $100,000 annual price on new H-1B visas. The measure, which takes impact from as we speak (September 21), has sparked international anxiousness, particularly within the tech sector, the place firms closely depend on H-1B professionals. Amid the uproar, the White House clarified that the brand new rule applies solely to new candidates, not renewals or present visa holders. But the coverage has already triggered pressing advisories from high US tech corporations. Microsoft urged workers travelling overseas to return earlier than the price deadline, whereas Amazon, Alphabet, Meta, and JPMorgan issued related steerage.
Now, in opposition to this backdrop, a June 2024 interview of Trump has resurfaced on-line, by which he tol a gaggle of tech traders that he needed to assist overseas college students keep within the US.
“What I need to do, and what I’ll do, is — you graduate from a university, I believe it’s best to get robotically, as a part of your diploma, a inexperienced card to have the ability to keep on this nation,” Trump stated.
If applied, such a plan might give tens of millions of overseas college students a direct path to everlasting residency. But Trump has not repeated the concept publicly since then. For now, the $100,000 visa price stays the extra fast actuality for a lot of.
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What is H-1B visa price rule?
Donald Trump’s shock H-1B visa price hike of $100,000 (roughly ₹90 lakh) on Saturday triggered a wave of panic. Many firms, together with Microsoft, JPMorgan, and Amazon, suggested workers holding H-1B visas to stay within the US. They additionally requested H-1B holders who had been at present outdoors the nation to re-enter the US by September 21.
However, the White House later clarified that the brand new $100,000 visa price applies solely to new candidates, not present H-1B holders. “This is NOT an annual fee. It’s a one-time fee that applies only to the petition,” White House spokesperson Karoline Leavitt stated in a publish on X on Saturday.
Leavitt additionally stated that present H-1B visa holders who’re at present outdoors of the nation proper now won’t be charged $100,000 to re-enter the United States.
When does the H-1B visa rule kick in?
The H-1B visa rule will come into impact from 12:01 a.m. Eastern Time (ET) and is scheduled to run out after a 12 months. However, it may be prolonged if the Trump administration determines it’s within the US curiosity to retain the price.
