Trump adds $100,000 fee for high-skilled foreign workers in major visa overhaul

In a significant shift in immigration policy, President Trump has signed executive orders imposing a hefty $100,000 annual fee for companies hiring high-skilled foreign workers on H1-B visas. This move also introduces a pathway for wealthy foreigners to obtain visas for $1 million. This overhaul is likely to impact the tech industry and other sectors that rely on skilled labor, raising concerns about talent shortages and economic growth.