Billionaire Venture Capitalist Mike Moritz Denounces New H-1B Visa Fee as 'Barbaric Extortion'
2 day ago / Read about 0 minute
Author:小编   

On September 19, 2025, the Trump administration in the U.S. unveiled a major overhaul of the H-1B visa program. Under this new policy, which is set to take effect from September 21, companies will be required to pay a hefty one-time fee of $100,000 for each H-1B visa applicant, rather than the previous annual charge. This move is expected to have a significant impact on tech firms, many of which heavily depend on foreign technical expertise. The administration claims that the policy is intended to incentivize companies to invest more in training local talent.