""This is NOT an annual fee," she said. "It's a one-time fee that applies only to the petition.""
"Leavitt added that existing H-1B holders currently outside the U.S. will not be charged $100,000 to come back, and that they can continue to leave and re-enter as they do right now."
"On Friday, Trump signed a proclamation that imposes a $100,000 fee for H-1B visas and announced a $1 million "gold card" visa that can serve as a pathway for wealthy investors to gain U.S. citizenship."
"When asked if the policy applies to existing holders, he replied that companies with H-1B employees must ask "Is the person valuable enough to have a $100,000 a year payment to the government? Or they should head home and go hire an American?""
A one-time $100,000 fee will apply only to new H-1B petitions, not annually, according to White House clarification. Existing H‑1B holders currently outside the U.S. will not be charged to return and can continue to leave and re‑enter as before. The fee will not apply to renewals for current holders and will take effect in the next H‑1B lottery cycle. The proclamation also created a $1 million "gold card" visa pathway for wealthy investors to pursue U.S. citizenship. Initial confusion arose after Commerce Secretary Howard Lutnick suggested the fee would be annual, prompting tech firms and banks to warn H‑1B employees against foreign travel.
Read at Fortune
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