President Donald Trump signed a proclamation introducing a major overhaul of the H‑1B visa program on Friday. Under the new policy, new applicants for H‑1B visas will be required to pay an annual fee of $100,000. At the same time, he unveiled a “gold card” visa option with a pathway to U.S. citizenship for individuals willing to pay $1 million, and a “platinum card” visa costing $5 million that allows extensive stays in the U.S. without taxation on foreign income.
