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The Gold Card and $100K H-1B Fee: What Do They Mean? ([link removed])
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This week's Parsing Immigration Policy podcast features expert analysis of two major immigration actions recently announced by President Trump: a new $100,000 entry fee for H-1B visa-holders and the creation of a “Gold Card”.
The discussion, recorded live at a recent CIS event, features George Fishman, senior legal fellow, and Elizabeth Jacobs, director of regulatory affairs and policy.
The H-1B Visa Proclamation imposes a one-time $100,000 entry fee on foreign workers applying for H-1B visas – ostensibly temporary visas originally intended for “the best and the brightest”. Jacobs examines the new policy’s goal of closing loopholes that allow employers to displace American workers and depress wages and outlines additional suggestions for closing other loopholes.
The Gold Card Program, established by executive order, offers lawful permanent residence to foreign nationals who contribute $1 million – or $2 million through an employer – to the U.S. Department of Commerce. Fishman explains that while the program was designed to expedite legal entry for investors, many approved recipients will still face long waits for green cards due to caps and per-country limits, especially for nationals of India and the People's Republic of China. The program, he notes, also raises several legal questions.
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