USA risks brain drain: massive visa fees may weaken the tech sector
President Donald Trump’s decision has dramatically transformed the conditions under which the United States has attracted top professionals from around the world. The administration has increased the fee for H-1B work visas from the original $215 to a staggering $100,000. The move virtually halts the previous influx of foreign professionals, on whom the strength of the U.S. technology sector has long rested.
Until now, U.S. companies – from Silicon Valley giants to smaller startups and university labs – could easily source skilled engineers and developers from India, China or Europe. But the new rules are forcing companies to rethink their strategy. For many, the $100,000 figure is an unimaginable investment in a single employee. As a result, many companies are considering whether to stop hiring foreigners altogether or whether to move some development outside the US.
Trump defends the move by claiming that in this way he protects American workers and prevents ‘abuse of the visa system’. He says visas should only be available to the best people who have a proven track record of adding value. But critics warn that the measure will actually weaken US competitiveness and slow the pace of innovation. Smaller companies and academic institutions that do not have the resources to pay a similar fee will be particularly affected.
This situation opens the door to other countries. Canada, EU member states and India itself are already preparing programmes to lure professionals disillusioned with US policy. Faster visas, incentive programmes and tax benefits are becoming the new weapons in the global scramble for brains.
While the United States has for decades acted as a ‘magnet’ for talent from around the world, it now risks losing that position. In an era when innovation determines geopolitical influence and economic power, such a change could have far-reaching consequences. And all those who can offer themselves as a new destination for the best and brightest have a chance to take advantage of the situation.
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