The American Dream may be shattered for Indian tech talent, but many welcome the brain-drain reversal. - Reuters
BENGALURU: The Trump administration’s push to steeply hike fees for skilled worker visas to boost hiring of American locals could end up accelerating offshoring of technological services to India, where the majority of foreign tech workers in the US hail from.
US President Donald Trump’s latest executive order requires a one-time payment of US$100,000 (S$129,000) for all new H-1B visa applications. He is also mulling over ending the existing visa lottery, to replace it with a weighted system that favours higher-paid foreigners and keeps out younger, lower-tier professionals.
