"He said the intention of the visa change makes sense, but the implementation of it has "left a lot to be desired." "Some of the proposals that they've ended up settling on have either loopholes or they're prioritizing the wrong thing," he said. As a result, he said, the visa changes will probably have the reverse effect than what the Trump administration intended. "It's going to be a big tax on us bringing in top researchers from around the world.""
"But for all the sticker shock, there are a lot of people in support of the visa changes. Neufeld said it makes sense to make sure that the 85,000 open H-1B visa slots are actually going to valuable workers and that it makes sense to charge a fee to ensure that only the best are applying - and receiving the visa."
The H-1B application fee was raised to $10,000, creating shock within the tech ecosystem that relies on international talent. The fee increase aims to ensure the 85,000 H-1B slots go to high-value workers by deterring lower-quality applicants and charging to filter candidates. Implementation contains loopholes and prioritization errors that may produce unintended consequences and functionally act as a tax on bringing top researchers. Required wage level changes and other rule modifications introduce uncertainty before the spring lottery and could deter many prospective arrivals, impacting global tech hiring.
Read at TechCrunch
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