Trump’s visa move is a big blow to US tech companies, but could benefit other countries seeking skilled workers.

President’s executive order is latest attempt by Washington to overhaul technology sector

The announcement to impose a $100,000 annual fee on H-1B visas sent shockwaves through corporate America.

Donald Trump is targeting H-1B visas frequently used by the tech industry with a $100,000 per-year fee.

Trump's H-1B visa fee hike to $100,000 annually shocks Indian tech workers in the U.S., impacting global IT industry.

Jobs tend to be concentrated in STEM fields, and workers overwhelmingly come from India.

WASHINGTON: President Donald Trump ordered on Friday that an annual $100,000 fee be added to H-1B skilled worker...

Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India

The six-figure H-1B visa fee has jolted companies that have long relied on the program to bring in top global talent.

Indian companies were the biggest beneficiaries for years. But that's changed; US firms now dominate visa recipients.

The founder of Greycroft Partners says "there is not a single company that I have invested in the last 10 years that could afford to pay this."

President Donald Trump raised the fee for an H-1B visa to $100,000 on Friday, leaving companies scrambling to respond.

When Trump’s announcement came, it didn’t give companies or lawyers any time to prepare. “It was timed to create pandemonium,” said a New York–based immigration lawyer.

The H-1B visa lured a generation of Indian professionals to take part in the American dream. A $100,000 fee has forced a rethink of the route.

White House proclamation announcing new visa fees has prompted questions and confusion – here’s what to know

Companies like Amazon, Google, and Microsoft rely on skilled foreign workers. Experts say they’ll pay for the best — but the policy could redirect top talent elsewhere.

The move is set to disproportionately impact skilled workers from India, who make up the majority of visa holders

Trump’s visa move is a big blow to US tech companies, but could benefit other countries seeking skilled workers.

The steep jump in the visa fee from a range of US$2,000 to US$5,000 is expected to curb the flow of India’s tech manpower to the US.

The US president has introduced a US$100,000 fee for the visas, which American firms rely heavily on for hiring skilled workers.

Every time new H1-B restrictions appear, jobs go to Canada.