Summary
On September 19, 2025, President Donald Trump signed executive orders introducing a $100,000 fee for companies hiring high-skilled foreign workers on H1-B visas and creating the "Trump Gold Card" visa program. These changes aim to generate revenue and curb alleged misuse of the H1-B program.
Key Facts
- President Trump introduced a $100,000 fee for the H1-B visa program, which is for hiring high-skilled foreign workers.
- The H1-B visa program is often used by tech firms like Amazon, Microsoft, and Apple.
- Trump also created the "Trump Gold Card," a new visa allowing permanent residency for a $1 million investment.
- The administration claims these changes will raise over $100 billion for tax cuts and debt reduction.
- A possible "Platinum Card" visa is in discussion, which could cost $5 million and offer tax exemptions for up to 270 days in the U.S.
- Congress issues 85,000 H1-B visas annually through a lottery.
- Current government registration fees for H1-B visas are around $215, with additional filing fees.
- The administration argues that current H1-B practices may pay foreign workers less than their American counterparts.
