- The Trump administration announced new rules this week for the coveted H-1B visa program, which authorizes high-skilled foreign workers to work in the US.
- The changes include higher wage requirements for H-1B employees.
- Tech companies of all sizes rely heavily on the H-1B program to recruit top talent globally yet those wage requirements pose distinct challenges for cash-strapped, early-stage startups, experts say.
- “The tragic thing here is that it means that it’s going to be more expensive for new, innovative startups to be formed,” said Sophie Alcorn, a founding partner at Alcorn Immigration Law.
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The Trump administration this week announced big changes to the coveted H1-B visa program, which allows high-skilled foreign workers to be employed in the US. Among the most significant of the changes are higher wage requirements for H-1B workers, which could even force some companies to pay foreign employees