Breaking news alert 🚨 U.S. President Donald Trump just signed a landmark order shaking up the H-1B visa scene. Under the new rule, foreign professionals now face a whopping $100,000 application feea huge jump from today’s roughly $10 filing cost. Trump says this will curb system abuse while still allowing top talent to join U.S. companies.
But wait, there’s more: along with the fee hike, Trump unveiled the so-called "Gold Card" visa. Here’s the deal:
- $1M Gold Card: Pay $1 million to fast-track your visa application in record time.
- $2M Company-Sponsored Gold Card: If a U.S. company backs you, the fee doubles to $2 million, promising an even quicker green light.
So, why does this matter for techies in Bengaluru, Manila, or Jakarta? 🇮🇳🇵🇭🇮🇩
- Startup dreams: Scaling your SaaS startup or AI project in Silicon Valley just got pricier. Budgets might need a serious makeover.
- Talent flow: Big tech giants could rethink their hiring strategies, shifting more roles back home or to other welcoming markets.
- Opportunity vs. cost: For many, a $100K barrier could be a deal-breaker, while the Gold Card route might feel out of reach – especially for fresh grads.
What’s next? Industry insiders predict lobbying battles and possible legal challenges. In the meantime, keep an eye on local co-working spaces and tech hubs—they might seize this moment to spotlight regional talent and offer new pathways abroad.
Stay tuned for more updates as this story unfolds. And remember, your next big break might be just around the corner—maybe even closer than you think 😉
Reference(s):
Trump imposes $100,000 fee on H-1B visas, unveils 'gold card' pathway
cgtn.com
