@postpolitics
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@postpolitics President Donald Trump on Friday announced an annual $100,000 fee on successful applicants for a high-skilled worker visa program that is widely used in Silicon Valley, constraining a key path to legal immigration. The president also signed an executive order that would allow wealthy foreigners to pay $1 million for a ‘Gold Card’ for U.S. residency and companies to pay $2 million for a ‘Corporate Gold Card’ that would permit them to sponsor one or more employees. Both moves likely will face legal challenges. If upheld, however, they would dramatically tighten legal immigration systems while opening access to the U.S. for wealthy foreigners. That would deliver a win to outspoken members of Trump’s nationalist base, while left-leaning critics have faulted the program, which they say can be used to exploit workers from overseas. Employers rely on H-1B visas to hire foreign workers with specialized skills, usually in science and technology, when they cannot identify American workers to fill those jobs. Tech companies are the largest beneficiaries of such visas, but employers in manufacturing, finance, education, retail and health care employers also use the program. Tap the link in our bio to learn more.
