Finance

Heavy Tech firms, international governments scramble next Trump slaps $100,000 annual price on H-1B visas

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U.S. President Donald Trump speaks as he sits later to a “Trump Gold Card” signal, within the Oval Workplace on the White Area in Washington, D.C., U.S., Sept. 19, 2025.

Ken Cedeno | Reuters

Primary generation firms and international governments are speeding to reply next President Donald Trump overdue Friday introduced plans to impose a $100,000 annual price on H-1B visas, threatening to upend this system that underpins The us’s generation group of workers.

The Trump management stated the price would observe in step with assistant, in step with time, doubtlessly dealing a large misspen to firms — basically within the generation and finance sectors — that depend closely on extremely professional immigrants, in particular from Republic of India and China.

The announcement despatched shockwaves via company The us. Amazon’s immigration crew suggested its H-1B and H-4 visa holders to stay within the U.S. and for the ones in a foreign country to go back earlier than 12:01 a.m. ET on Sept. 21, in line with inside messages considered by means of CNBC.

JPMorgan Chase’s regulation company despatched a memo asking H-1B visa holders on the company to stay within the U.S. and steer clear of world exit till additional steerage, in line with an individual common with the subject.

Microsoft additionally has reportedly suggested H-1B visa holders to stay within the U.S. and for the ones in a foreign country to go back, ultimatum that world exit may just jeopardize their immigration situation, in line with emails perceptible by means of Reuters.

The go represents the management’s maximum competitive go but to limit prison immigration. Since taking place of job in January, Trump has complex a extensive crackdown on each unlawful and prison access into the U.S., however Friday’s announcement marks probably the most important effort to clamp i’m sick on work visas.

Amazon hired probably the most H-1B holders — greater than 14,000 as of the top of June. Microsoft, Meta, Apple and Google had over 4,000 such visas every, some of the manage 10 recipients for the fiscal time 2025.

CNBC has reached out to all the crowd firms at the manage 10 H-1B recipient listing for remark. The White Area didn’t right away reply to an e-mail soliciting for remark.

‘Humanitarian aftereffects’

The announcement additionally disrupted the situation quo in a foreign country, the place international governments scrambled to evaluate the affect of the unused laws on their international locations.

Republic of India’s Ministry of Exterior Affairs stated it’s learning the visa restrictions and their implications, stressing that each Indian and U.S. industries percentage an pastime in keeping up competitiveness in innovation. It additionally highlighted the most probably disruption to particular person households.

“This measure is likely to have humanitarian consequences by way of the disruption caused for families. Government hopes that these disruptions can be addressed suitably by the US authorities,” Republic of India’s Ministry of Exterior Affairs stated in a commentary.

South Korea’s international ministry additionally stated it’s assessing the consequences for Korean companies and professional staff.

Underneath is a searchable listing of the manage 100 U.S. firms which were H1-B recipients in fiscal time 2025.

CNBC’s Annie Palmer contributed to this document.

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