College Grads, Some Workers in US Spared New $100,000 H-1B Fee
The Department of Homeland Security has updated its guidance on the new $100,000 filing fee for H-1B visas. Under the new rules, college graduates on student visas and certain foreign workers already living in the US will be exempted from this fee. The fee, which was introduced as part of the Biden administration's efforts to reform the H-1B visa program, aims to discourage companies from using the program to replace American workers with cheaper foreign labor. However, the exemption for college graduates and existing foreign workers suggests a more nuanced approach, balancing the need for skilled labor with concerns about the potential displacement of US workers.
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