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H-1B visa fee hike to affect 5,500 work permits a month: JPMorgan
short by Vaishnavi Mishra / on 24 Sep 2025,Wednesday
JPMorgan Chase economists warned the new $100,000 (₹88 lakh) H-1B application fee could shrink immigrant work authorisations by up to 5,500 a month. About 70% of H-1B visas in 2024 were awarded to workers from India, and two-thirds were for computer-related occupations. The hiked fee will raise staffing costs, prolong hiring cycles, and accelerate offshoring of jobs to lower-cost destinations.
short by Vaishnavi Mishra / 03:34 pm on 24 Sep
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