The Truth About Trump’s $100K H-1B Visa Fee
(00:00.462)
All right, a little H H 1 B visa clarity right now because you had both sides, you know, grasping their pearls and freaking out and other ones throwing a party on the other side with this H-1B hundred thousand dollar application fee. People on the far right, very much against people that are against the H 1 D visas were thrown a party.
thinking that all of a sudden you’re going to have a massive amount of people that are being thrown out of the country. In fact, there was so little clarity when this came out. People that have H1B visas that were overseas came rushing back to the United States. Yeah, there was a clamor at airports and people changing flights because they were scared. Certain embassies were issuing warnings saying, hey, listen, don’t leave the United States. It could be in trouble. OK.
But here’s a little clarity on how this thing is going to work. It’s not an annual fee. Okay. So if Disney, for example, because they did this, we ripped this maybe about, yeah, well, man, about 10 years ago, Disney was basically firing Americans and they were replacing them with H1B visa holders. This was outside of Orlando. I never had this. Let’s say Disney does this.
They want to bring someone new in. They have to pay a one-time application fee of $100,000. It’s not annual. Those again, those who already hold H1B visas and are currently outside of the country are not going to be charged $100,000 to reenter. H1B visa holders. They can go. They can go. They can come back. The same extent they normally would.
nothing has been impacted. This only is going to apply to new visas, not renewals and not current visa holders. Okay, next lottery cycle. That’s what’s going to happen. So again, it’ll slow this down to some degree with certain H1B visas. Other
(02:23.522)
highly recruited. mean, certain companies will have no problem paying this if they feel like that they need these workers and this talent, especially if it’s obviously a higher level. And quite frankly, that’s what the H1 visa was designated for in the first place. Watchdog on wallstreet.com