News Summary

• The H-1B visa was created to allow companies to hire skilled talent from a worldwide market for such occupations as IT and engineering.
• The fee hike, typically paid by the employer, would increase from $2,000-$5,000 to $100,000 per application.
• Critics of the fee hike note that this visa helped bring in people who have gone on to start or run multibillion-dollar companies.
• The visa has been more accessible than the O-1 visa for extraordinary ability, and quicker to obtain than a green card.