Trump’s $100,000 H-1B visa fee shakes tech world; Europe, UK, and Dubai see chance to attract top skilled workers

U.S. President Donald Trump’s decision to raise the H-1B visa fee has shaken global business circles. The new cost of $100,000 per application, announced on Friday and enforced from Sunday, has left companies assessing the impact.

According to CNBC, the move is part of Trump’s push to safeguard American jobs. Firms must now pay the fee to hire skilled foreign professionals entering the U.S. For decades, Big Tech and financial firms have depended heavily on H-1B visas, particularly bringing talent from India and China.