If Korean tech companies wants to bring their workers into American to work it is going to cost a whole lot more:

U.S. President Donald Trump on Friday signed a proclamation to impose a yearly fee of US$100,000 for an H-1B nonimmigrant visa application for a highly skilled foreign worker, as his administration seeks to ensure tech firms help train Americans rather than bringing in foreign workers.
The fee is expected to put a burden on Korean companies that need to bring their skilled workers into the United States on a stable visa program to set up and run factories in the U.S. to proceed with their investment projects.
The current fee for the H-1B visa is $1,000. The visa is meant for skilled professionals, especially in the fields of science, technology, engineering and math, with its program subject to an annual worldwide cap of 85,000 visas.
Commerce Secretary Howard Lutnick elaborated on the fee for an H-1B visa — a three-year visa with one renewal that could last a total of six years — as he called for tech companies to train Americans and stop bringing in foreign workers to take American jobs.
You can read more at the link, but the new fee is going to make foreign companies think long and hard about whether or not it is affordable to bring in foreign workers on a H1B visa or train an American to do the job.





