Proposed H-1B Surcharge Could Cripple Startups, Wharton Economist Warns
The Department of Homeland Security has proposed a $103,265 surcharge on H-1B visas, a move it acknowledges would significantly impact 76% of small businesses. Wharton professor Britta Glennon says such restrictions often push multinational firms to offshore jobs, while startups face reduced innovation and success. The proposal is now open for a 30-day public comment period.
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This summary is AI-generated and original to Mobble; the linked article is the authoritative source.
Original headline: “The Trump administration proposes $103,000 fee for H-1B visas that DHS itself estimates would paralyze 76% of small businesses.” Browse more stories.