Trump’s $100,000 H-1B Fee Sparks Chaos for Tech Giants
The TRUMP administration's abrupt introduction of a $100,000 fee for new H-1B visa applications has sent shockwaves through Silicon Valley. Major employers like Amazon, Microsoft, and Alphabet are scrambling to protect their foreign talent pools, with reports of employees cutting vacations short and airlines fielding desperate deplaning requests.
The policy shift—framed as a one-time cost for new petitions—has reignited debates about America's reliance on skilled immigrant labor. Tech firms now face acute budgeting dilemmas, with Amazon alone potentially staring down billions in additional costs for its tens of thousands of H-1B workers.
Market observers note the timing coincides with growing institutional adoption of blockchain solutions for global payroll systems. Cryptocurrency-powered remittance networks could emerge as contingency plans for companies navigating visa uncertainties.