The new and heavy visa visa rates of the Trump government for H-1B workers have taken high-ranking debates in the Silicon Valley companies on the possibility of transferring more jobs outside the United States, exactly the result that the policy of the President of the United States intended to prevent.
The President of the United States Donald Trump announced the change in the View program that has long been a recruitment path to technological companies and encouraged international students to follow degree courses in the country.
Although the $ 100,000 commission applies only to new candidates – not to current holders, as initially announced – the confusion on their implementation and the high cost are already bringing companies to pause recruitment plans, budgets and workforce, according to Reuters’ interviews with technological companies.
“I had many conversations with business customers (…) in which they said that this new rate is simply not very practical in the United States, and it is time for us to start looking for other countries where we can have highly qualified talents,” said Chris Thomas, an immigration lawyer at the Holland & Hart office, to the head of a state of the United States. “And these are large companies, some of which are known, fortunes 100 companies, who are saying that they cannot continue.”
About 141,000 new H-1B visits were approved in 2024, according to Pew Research. Although the United States congress limits new visas of 65,000 per year, the total approvals are higher because the petitions of the universities and some other categories are excluded from the limit. The computer works were responsible for most of the new approvals, according to Pew Data.
Companies will cut H-1B workers
The Trump administration and the critics of the H-1B program said they had been used to suppress wages and that its reduction opens more jobs for US technological workers. The H-1B Visa program has also made more demanding for graduates trying to find jobs, according to Trump’s announcement on Friday.
Previously, the employers cost the visa only a few thousand dollars. But the new $ 100,000 rate reverses this equation, making reuters the hiring of talents in countries such as India – where salaries are the lower and largest technological companies build innovation centers rather than an administrative – more attractive office, have told experts experts and managers.
“We will probably have to reduce the number of workers with H-1b visa that we can hire,” said Sam Liang, co-founder and executive president of Otter, a popular transcription company based on artificial intelligence.
“Some companies may have to outsource part of their workforce. Perhaps they take in India or other countries just to get around this problem H-1B.”
Bad for startups
Although the conservatives have long applauded Trump’s wide repression of immigration, the H-1b measure was also supported by some liberal sectors.
Netflix Co -Fondor and the well -known democratic donor Reed Hastings -which said he has accompanied the policy H -1b for three decades -supported in X that the new rates will eliminate the need for a lottery and instead will reserve seen for “high -value jobs” with greater certainty.
But Deedy Das, a partner of the capital company at risk Menlo Ventures, who has invested in the anthropic startups of the AI, said that “general decisions like this are rarely good for immigration” and will influence the startups in an disproportionate way.
Contrary to large technological companies, whose remuneration packages are a combination of money and actions, the start -up remuneration packages are generally supported for equity as they need money to develop business.
“For larger companies, the cost is not significant. For smaller companies, those with less than 25 employees are much more significant,” he said. “The presidents of large technological companies expected and will pay. For them, less small competitors are up to the advantage. They are the smallest startups suffering more.”
Innovation at risk
Politics can also mean a lower number of talented immigrants who usually launch new companies, analysts have said.
More than half of the US startups assessed at $ 1 billion or more had at least one founder of immigrants, according to a 2022 report by the National Foundation for American Political, a study group that claims not to be not a party and is based in Virginia.
Several lawyers have said that the starting companies that represent are depositing hopes for legal causes that claim that the exaggerated Trump government by imposing a commission beyond what Congress has provided, bet that the courts will dilute the rule before the cost rental.
Otherwise, “we will see a retreat of the most intelligent people in the world,” said Bilal Zuberi, founder of Red Glass Ventures, a risk-based capital company, who started his American career with an H-Bb visa.
Source: Terra
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