President Trump announced on Friday a new fee for H-1Bs. And that new fee will be $100,000. That's a staggering amount compared to the normal fee, which is about $1,750 to $4,500.The proclamation was very direct, very strong, and very scary for a lot of employers and certainly the visa holders who were completely blindsided by this proclamation. The White House clarified that this new proclamation does not impact individuals who currently have the H1B visa. This is a very big problem for the future of many ...

So it's not even close. So H-1Bs are a huge supplement, and because they're so hard to get, they're particularly sort of value added. Right.Well, what we actually see from H-1Bs is they create jobs for American engineers because of. Right. Because that makes it easier to create companies. It makes it easier to.DUMMETT To lead in high skilled industries. And so it's not a zero sum game. They don't push out American engineers.Okay. But tell our audience if there's 100 jobs created, how many can be people from ...

Trump’s $100,000 H-1B Visa Fee Hits Indian IT Stocks—Google And Microsoft Also Slip In Premarkethttps://t.co/CmyZcPV2k9 https://t.co/jHAEzZkN9O ...

President Trump’s decision to hike H-1B application fees could muddy the outlook for Indian IT sector. Read for free with your email on what could move markets today https://t.co/GcPKy7Ky6J ...

We need workers. We need great workers. And this pretty much ensures that that's what's going to happen.I think Sean, do you agree with it. >> Well, they're $100,000 per year. So, the whole idea is no more will these big tech companies or other big companies train foreign workers.They have to pay the government $100,000, then they have to pay the employee. So, it's just non-economic. If you're going to train somebody, you're going to train one of the recent graduates from one of the great universities acros ...

So this definitely is big news and it is a big shift from what currently is in place. Looking at the current fees that are associated with this H-1B visa application. Much lower numbers.We're looking at about a $215 fee to register for the lottery and about a $780 fee for what is called a Form I 129 supplemental petition. And so what this will essentially do is this is an additional $100,000 fee that would, you know, essentially kind of, you know, make the pool available of those who are eligible to apply f ...