India, Aug. 24 -- The US President Donald Trump-led administration has reportedly moved to codify a more than $100,000 fee on new H-1B visas for highly skilled foreign workers, releasing a proposed regulation for the same.

The proposed fee of $103,265 fee by the Department of Homeland Security (DHS), which has been posted online in the Federal Register on Monday to be formally published on Tuesday, will kick-off a 30-day public comment period. This rule could be formalised by the end of this year, according to Reuters.

Global immigration services firm Fragomen had, last week, said the US DHS had begun the process of proposing new regulations which could, if implemented, impose new fees on H-1B and OPT programmes.

While the H-1B is a te...