Trump's visa plans: Here's what you need to know
CNBC Televisionยท2025-09-22 21:00
Visa Program Changes & Impact - Trump administration introduces new visa programs with increased costs [1] - H-1B visa fee for skilled workers to increase from $1,000 to $100,000, impacting tech and finance sectors [1] - Gold Card program introduced, costing $1 million for individuals and $2 million for companies, offering expedited US residency [2] - Platinum Card program proposed at $5 million, allowing 9 months of tax-free stay for foreign nationals [2][3] Economic Implications - Government anticipates $100 billion in revenue from these three programs [3] Regulatory & Political Considerations - Platinum Card requires Congressional approval, potentially delaying implementation [3]