World9/25/2025BBC

'There's no way we can afford $100,000': Small firms scramble over H-1B visa fees

'There's no way we can afford $100,000': Small firms scramble over H-1B visa fees

The article discusses the impact of the Trump administration's new H-1B visa fees on small businesses and startups. The increased fees, which can reach up to $100,000 per visa, are seen as a significant burden for these smaller companies. Experts warn that the high costs could hinder the ability of startups and smaller firms to attract and retain skilled foreign workers, which are often crucial for innovation and growth in these industries. Some fear that the new fees could even drive some companies to move their operations overseas, where the cost of employing foreign talent may be lower. The article highlights the concerns of small business owners who are struggling to afford the increased H-1B visa fees, which could represent a significant portion of their overall budget. This could potentially limit the opportunities for small businesses to access the global talent pool and compete with larger corporations. Overall, the article paints a picture of the challenges faced by startups and small firms in navigating the changes to the H-1B visa program, and the potential impact on US innovation and competitiveness.

Source: For the complete article, please visit the original source link below.

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