President Donald Trump on Friday signed a proclamation that will require a new annual $100,000 fee for H-1B visa applications, among other changes to the program for highly skilled foreign workers.
H-1B visas are meant to bring the best and brightest foreigners for high-skilled jobs that tech companies find difficult to fill with qualified U.S. citizens and permanent residents. The program instead has turned into a pipeline for overseas workers who are often willing to work for as little as $60,000 annually. That is far less than $100,000-plus salaries typically paid to U.S. technology workers.
Historically, these visas — 85,000 per year — have been doled out through a lottery system. This year, Amazon was by far the top recipient of H-1B visas with more than 10,000 awarded, followed by Tata Consultancy, Microsoft, Apple and Google.
Critics say H-1B spots often go to entry-level jobs, rather than senior positions with unique skill requirements.