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Latin Times
Latin Times
Business

Could Changes To The H-1B Visa Discourage Foreign Tech Talent From Settling in the U.S.?

U.S. Visa (Credit: Creative Commons)

American companies have until the end of this week to apply for the annual H-1B visa lottery to hire foreign talent. Under new Trump administration rules, the process will now be "wage-weighted", prioritizing higher-paid, more skilled workers from abroad.

The revamped system is taking effect months after Trump officials announced a $100,000 fee for new H-1B applicants, a move criticized by the American Immigration Council and one which resulted in a lawsuit from the U.S. Chamber of Commerce, which called it "cost-prohibitive" for businesses.

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