Politics9/22/2025Bloomberg

Trump’s New Visa Fee Will Hit Companies and Customers

Trump’s New Visa Fee Will Hit Companies and Customers

The article discusses a new visa fee introduced by the Trump administration, which will have an impact on companies and consumers. The fee, which applies to H-1B and L-1 visas, is aimed at funding the federal government's investigation of work visa fraud. The article notes that the fee is expected to raise around $109 million annually, which will be used to cover the costs of the fraud investigations. The article also highlights the potential impact of the fee on companies that rely on foreign workers, as well as the potential for the fee to be passed on to consumers in the form of higher prices. The article does not take a partisan stance on the issue, but rather presents the facts and potential implications of the new visa fee.

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