$100K H-1B Visa Fee: Impact on U.S. Global Talent Attraction

21h ago·0:00 listen·Source: CBS News

Transcript

The White House's new $100,000 fee for H-1B visas is changing how America attracts global talent. In September 2025, this hefty charge is introduced for skilled foreign workers. Before this, fees ranged from $1,700 to $4,500. Many tech professionals in India, like Rajesh Jaknalli and Hameed Abdul, dream of working in the U.S. Now, that dream feels out of reach. Abdul says he's devastated and plans to move to Canada instead. Xavier Fernandes, founder of an immigration agency, points out that the H-1B visa has historically been vital for America's tech sector. He believes this policy is a loss for the U.S., as over 70% of H-1B holders in 2024 are Indian. Fernandes emphasizes that the unique talent from places like Hyderabad can't be easily replicated locally. While the U.S. tightens its grip, countries like Canada and Australia are simplifying their visa processes to attract these skilled workers. The bottom line? This shift could impact America's innovation and economic growth.

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