BUSINESS

Gold Cards and H1-deBate

Hiring immigrants just got more expensive.

On Friday, President Trump signed an executive order that will hike the price of H1-B visas—a program that allows U.S. companies to hire skilled foreign workers. The White House says tech companies have been prioritizing lower-paid immigrants over Americans and announced that employers like Amazon and Google will now foot a one-time $100,000 bill (up from ~$1,500) for all future H1 hires (H1res?). 

Critics say the move will make it harder for U.S. companies to attract the world’s top talent.

There is another (more expensive) option… #47 also ordered the creation of the “Trump Gold Card,” an expedited permanent residence document available for $1M. President Trump expects the program to generate $100B, which he said will be used for “reducing taxes, pro growth projects, and paying down our debt.


Verse to consider whether your job prospects are changing or you’re just trying to keep up with the international mathing… “Anyone trusting in his riches will fall, but the righteous will flourish like foliage.” 
Proverbs 11:28 (CSB) (read full passage)