Trump’s $100,000 Visa Fee Spurs Confusion and Chaos
Wall Street banks and tech companies big and small were scrambling on Saturday to figure out how their tens of thousands of employees would be affected by President Trump’s proclamation imposing a $100,000 fee for visas granted to skilled foreign workers.
The change set off immediate confusion over the exact rules and how they would be enforced. Shortly after Mr. Trump signed the proclamation on Friday, employees at Microsoft, Amazon and JPMorgan received notices advising those with H-1B visas who were outside the United States to return before the new rules take effect at 12:01 a.m. Eastern time on Sunday.