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Donald Trump to introduce $100,000 fees on skilled foreign worker visas

Donald Trump will introduce a new $100,000 application fee for foreign worker visas.

A White House official said the US President is preparing to sign a proclamation today that will require a $100,000 application fee for H-1B visa, which covers highly-skilled foreign workers. The charge is part of a broader immigration crackdown.

H-1B visas are meant to bring the best and brightest foreigners for high-skilled jobs that tech companies find difficult to fill with qualified Americans and other permanent residents. The programme has drawn criticism for becoming a pipeline for overseas workers who are often willing to work for wages lower than those typically paid to US technology workers.

Critics also argue that companies use H-1B visas to overlook Americans for jobs. First lady Melania Trump, the former Melania Knauss, was granted an H1-B work visa in October 1996 to work as a model.

She was born in Slovenia. What is a H-1B visa? The H-1B programme has been crucial for technology and staffing companies who rely on foreign workers.

Historically, these visas - 85,000 per year - have been doled out through a lottery system. India, the largest beneficiary of H-1B visas last year, accounted for 71% of approved beneficiaries.

China was second with 11.7%, according to government data. Shares of IT services company, Cognizant Technology Solutions Corp, fell by over 5% on Friday..

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