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On Friday, US President Donald Trump announced a major hike in the annual fee for H-1B visas, raising it to $100,000 per year. The move is expected to have a significant impact on Indian tech workers, who make up around three-quarters of all H-1B recipients.
Speaking at the White House, Trump stated that the fee increase aims to encourage companies to hire American workers, while still allowing access to exceptionally skilled foreign professionals. The US currently grants 85,000 H-1B visas annually through a lottery system.
Trump’s Gold Card
In addition to the fee hike, Trump unveiled an executive order creating a new visa pathway called the “Trump Gold Card”, designed for foreigners with extraordinary abilities who are committed to contributing to the US economy.
Also Read: Trump announces USD 100,000 H1-B visa fee in move that could impact Indian workers in US
The Trump Gold Card is a visa residency program priced at $1 million for individuals and $2 million for corporations per employee. It promises accelerated processing and lawful permanent residency under existing EB-1 or EB-2 visa categories after vetting.
Trump described the initiative as a way to generate billions for the US while supporting tax reduction and debt management.
According to the White House, the Gold Card will prioritise entry for high-value individuals such as entrepreneurs, investors, and business leaders. Applicants must pay a non-refundable processing fee, followed by a $1 million payment upon approval, granting the holder the freedom to live and work across all 50 US states and territories.
Trump Platinum Card
Trump also announced plans for a Platinum Card, offering enhanced benefits. Though registration has not yet begun, successful applicants will pay $5 million and will be allowed to reside in the US for up to 270 days per year without paying taxes on US income.
Trump Corporate Gold Card
For corporations, the Trump Corporate Gold Card has been introduced, aimed at companies hiring foreign employees. This program requires a $2 million fee per employee, along with a small annual maintenance and transfer fee.
These new measures, including the steep H-1B fee and premium visa programs, are seen as part of the administration’s effort to balance foreign talent with the interests of American workers.
