New six figure H-1B visa fee could cost US Treasury $38 billion over 10 years if applications fall: Study
India, Sept. 25 -- A proposed $103,265 H-1B visa fee could end up costing the US Treasury billions of dollars over the next decade if the steep increase prompts employers to reduce applications, according to a new analysis by the Computer & Communications Industry Association (CCIA) Research Center.
The study challenges the Department of Homeland Security's assumption that employers will continue filing about 85,000 cap-subject H-1B petitions each year after the proposed fee is introduced. DHS has estimated that the charge could generate about $8.8 billion in annual revenue.
The proposed fee is part of a broader overhaul of the H-1B program under the Trump administration and would apply to cap-subject petitions, including those eligible...
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