Trump Signs Executive Orders on Gold Card Visas and H-1B Fees

New Immigration Policies

• 🇺🇸 President Trump signed two executive orders impacting immigration and skilled worker visas.
• 💰 The first order establishes the "Trump Gold Card," offering a path to U.S. citizenship for $1 million for individuals and $2 million for corporations.
• 📈 The White House anticipates the Gold Card will generate over $100 billion quickly.

H-1B Visa Changes

• 🎯 A second executive order imposes a new $100,000 fee on skilled worker visas, specifically the H-1B program.
• 💼 The stated goal is to discourage companies from training foreign workers and instead encourage them to train recent U.S. graduates.
• 🚫 This move aims to prevent companies from hiring foreign workers to take American jobs and potentially pay lower wages.

Rationale and Context

• 🗣️ The president frames these actions as a means to keep Americans employed in high-skilled jobs.
• ⚠️ The White House cites alleged abuse of the H-1B program, claiming it replaces U.S. workers.
• ⚖️ The H-1B program, designed for foreign workers with college degrees, has historically been restrictive, with only about 20% of applicants approved.